John J. Donahoe - 03 Jan 2023 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
Director
Signature
By: Brian Yamasaki For: John Joseph Donahoe
Issuer symbol
PYPL
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 20:38:36 UTC
Previous filing
03 Aug 2022
Next filing
18 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock Award $0 +2,246 +13% $0.000000 19,458 03 Jan 2023 Direct F1
holding PYPL Common Stock 55,503 03 Jan 2023 by GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Company's director compensation policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors and any committees thereof. The number of shares of common stock awarded represent the quotient of (A) such retainer fees divided by (B) the Company's closing stock price on the date awarded, rounded up to the nearest whole share of common stock. The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.

Remarks:

Represents 55,503 shares of common stock previously owned directly which were contributed to a grantor retained annuity trust on August 15, 2022. The contribution was exempt from reporting pursuant to Rule 16a-13.