| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PYPL | Common Stock | +Grant/Award | $0 | +130,034 | +33.15% | $0.00 | 522,261 | Mar 1, 2023 | Direct | F1 |
| transaction | PYPL | Common Stock | -Tax liability | -$4,616,260 | -62,534 | -11.97% | $73.82 | 459,727 | Mar 1, 2023 | Direct | F1 |
| transaction | PYPL | Common Stock | +Options Exercise | $0 | +29,892 | +6.5% | $0.00 | 489,619 | Mar 1, 2023 | Direct | |
| transaction | PYPL | Common Stock | +Options Exercise | $0 | +17,134 | +3.5% | $0.00 | 506,753 | Mar 1, 2023 | Direct | |
| transaction | PYPL | Common Stock | +Options Exercise | $0 | +29,466 | +5.81% | $0.00 | 536,219 | Mar 1, 2023 | Direct | |
| transaction | PYPL | Common Stock | -Tax liability | -$2,803,831 | -37,982 | -7.08% | $73.82 | 498,237 | Mar 1, 2023 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PYPL | Restricted Stock Unit - 12 | -Options Exercise | $0 | -17,134 | -50% | $0.00 | 17,134 | Mar 1, 2023 | Common Stock | 17,134 | Direct | F3, F4, F5 | |
| transaction | PYPL | Restricted Stock Unit - 13 | -Options Exercise | $0 | -29,466 | -33.33% | $0.00 | 58,930 | Mar 1, 2023 | Common Stock | 29,466 | Direct | F3, F5, F6 | |
| transaction | PYPL | Restricted Stock Unit - 14 | +Grant/Award | $0 | +76,014 | $0.00 | 76,014 | Mar 1, 2023 | Common Stock | 76,014 | Direct | F3, F5, F6 | ||
| transaction | PYPL | Restricted Stock Units - 11 | -Options Exercise | $0 | -29,892 | -100% | $0.00 | 0 | Mar 1, 2023 | Common Stock | 29,892 | Direct | F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Represents shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2020-2022 performance period, which were vested as shares of common stock on 3/1/2023. |
| F2 | Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person. |
| 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. |
| F6 | The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. 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. |
Amount of securities beneficially owned following reported transaction in the first row of Table 1 reflects a transfer of the pecuniary interest in certain shares in a transaction exempt from Section 16 pursuant to Rule 16a-12.