Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PYPL | Restricted Stock Units -7 | Award | $0 | +33.6K | $0.00 | 33.6K | Apr 15, 2023 | Common Stock | 33.6K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. |
F2 | The reporting person received a restricted stock unit grant subject to a two-year cliff vesting schedule, vesting fully on the two-year anniversary of the grant date of the restricted stock unit award. 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. |
F3 | Not applicable. |