Frank Keller - Dec 20, 2023 Form 3 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
EVP, GM, Lg. Ent. & Mer. Plat.
Signature
By: Brian Yamasaki For: Frank Keller
Stock symbol
PYPL
Transactions as of
Dec 20, 2023
Transactions value $
$0
Form type
3
Date filed
12/29/2023, 06:22 PM
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PYPL Common Stock 20.4K Dec 20, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PYPL Restricted Stock Units -1 Dec 20, 2023 Common Stock 1.59K Direct F1, F2, F3
holding PYPL Restricted Stock Units -2 Dec 20, 2023 Common Stock 3.84K Direct F2, F3, F4
holding PYPL Restricted Stock Units -3 Dec 20, 2023 Common Stock 765 Direct F2, F3, F4
holding PYPL Restricted Stock Units -4 Dec 20, 2023 Common Stock 15.8K Direct F2, F3, F5
holding PYPL Restricted Stock Units -5 Dec 20, 2023 Common Stock 12.7K Direct F2, F3, F5
holding PYPL Restricted Stock Units -6 Dec 20, 2023 Common Stock 13.4K Direct F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a restricted stock unit grant on March 1, 2021, subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary date of the restricted stock unit, 33.33% on the second year anniversary, and 33.33% on the third 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.
F2 Not applicable.
F3 Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F4 The reporting person received a restricted stock unit grant on March 1, 2022, 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.
F5 The reporting person received a restricted stock unit grant on March 1, 2023, 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.
F6 The reporting person received a restricted stock unit grant on April 15, 2023, 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.