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

Role
Acting CFO & SVP, IR & Treas
Signature
By: Brian Yamasaki For: Gabrielle Scheibe Rabinovitch
Issuer symbol
PYPL
Transactions as of
15 Mar 2023
Net transactions value
-$280,267
Form type
4
Filing time
15 Mar 2023, 19:38:01 UTC
Previous filing
03 Mar 2023
Next filing
18 Apr 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 Options Exercise $0 +7,647 +35% $0.000000 29,222 15 Mar 2023 Direct
transaction PYPL Common Stock Tax liability $280,267 -3,792 -13% $73.91 25,430 15 Mar 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 -7,647 -100% $0.000000* 0 15 Mar 2023 Common Stock 7,647 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.