Gabrielle Scheibe - Sep 15, 2022 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
Acting CFO, SVP Cap Mkts, IR and Treasurer
Signature
By: Brian Yamasaki For: Gabrielle Scheibe Rabinovitch
Stock symbol
PYPL
Transactions as of
Sep 15, 2022
Transactions value $
-$42,777
Form type
4
Date filed
9/16/2022, 07:22 PM
Previous filing
Sep 16, 2022
Next filing
Oct 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock Options Exercise $0 +597 +6.8% $0.00 9.37K Sep 15, 2022 Direct
transaction PYPL Common Stock Tax liability -$28.5K -296 -3.16% $96.40 9.08K Sep 15, 2022 Direct F1
transaction PYPL Common Stock Sale -$14.2K -150 -1.65% $94.95 8.93K Sep 16, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PYPL Restricted Stock Units -6 Options Exercise $0 -597 -33.37% $0.00 1.19K Sep 15, 2022 Common Stock 597 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F4 The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary date of the restricted stock unit, 33.33% on the second year anniversary, and 33.33% on the third year anniversary. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F5 Not applicable.

Remarks:

Acting CFO, SVP Cap Mkts, IR and Treasurer