| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PYPL | Restricted Stock Units -1 | +Grant/Award | $0 | +279,359 | $0.00 | 279,359 | Oct 15, 2023 | Common Stock | 279,359 | Direct | F1, F2, F3 | ||
| transaction | PYPL | Restricted Stock Units -2 | +Grant/Award | $0 | +166,782 | $0.00 | 166,782 | Oct 15, 2023 | Common Stock | 166,782 | Direct | F1, F3, F4 |
| 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 three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. 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. |
| F4 | The reporting person received a restricted stock unit grant subject to a two-year vesting schedule, vesting 1/2 on the first-year anniversary of the grant date of the restricted stock unit award, and the remaining 1/2 vesting on the second-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. |