Daniel H. Schulman - 01 Apr 2023 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role: President and CEO, Director
Signature: By: Brian Yamasaki For: Daniel H Schulman
Issuer symbol: PYPL
Transactions as of: 01 Apr 2023
Net transactions value: -$4,765,083
Form type: 4
Filing time: 03 Apr 2023, 16:10:39 UTC
Previous filing: 03 Mar 2023
Next filing: 02 Jun 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	+126,370	+26%	$0.000000	610,479	01 Apr 2023	Direct	F1
transaction	PYPL	Common Stock	Tax liability	$4,765,083	-62,748	-10%	$75.94	547,731	01 Apr 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Remarks:

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.