Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PYPL | Common Stock | +Grant/Award | $0 | +126,370 | +26.1% | $0.00 | 610,479 | Apr 1, 2023 | Direct | F1 |
transaction | PYPL | Common Stock | -Tax liability | -$4,765,083 | -62,748 | -10.28% | $75.94 | 547,731 | Apr 1, 2023 | Direct | F2 |
Id | Content |
---|---|
F1 | Represents one-third (1/3) of the shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets, which were vested as shares of common stock on 4/1/2023. |
F2 | Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 4/1/2023. |
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.