Gabrielle Scheibe - Mar 15, 2023 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
Acting CFO & SVP, IR & Treas
Signature
By: Brian Yamasaki For: Gabrielle Scheibe Rabinovitch
Stock symbol
PYPL
Transactions as of
Mar 15, 2023
Transactions value $
-$280,267
Form type
4
Date filed
3/15/2023, 07:38 PM
Previous filing
Mar 3, 2023
Next filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock Options Exercise $0 +7.65K +35.44% $0.00 29.2K Mar 15, 2023 Direct
transaction PYPL Common Stock Tax liability -$280K -3.79K -12.98% $73.91 25.4K Mar 15, 2023 Direct F1

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 -3 Options Exercise $0 -7.65K -100% $0.00* 0 Mar 15, 2023 Common Stock 7.65K Direct F2, F3, F4
* 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 Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F3 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.
F4 Not applicable.