Daniel H. Schulman - 11 Dec 2023 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
Director
Signature
By: Brian Yamasaki For: Daniel H Schulman
Issuer symbol
PYPL
Transactions as of
11 Dec 2023
Net transactions value
-$1,244,209
Form type
4
Filing time
13 Dec 2023, 20:51:29 UTC
Previous filing
08 Dec 2023
Next filing
05 Feb 2024
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 +42,441 +7.4% $0.000000 618,957 11 Dec 2023 Direct F1
transaction PYPL Common Stock Tax liability $1,244,209 -21,074 -3.4% $59.04 597,883 11 Dec 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned in respect of performance-based restricted stock units based on the effectiveness of transitioning Mr. Schulman's duties to the Company's new CEO, as determined by the Compensation Committee.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying performance-based restricted stock units on 12/11/2023.