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

Signature
By: Brian Yamasaki For: Michelle Gill
Issuer symbol
PYPL
Transactions as of
20 Dec 2023
Net transactions value
$0
Form type
3
Filing time
29 Dec 2023, 18:26:09 UTC
Previous filing
16 Sep 2022
Next filing
16 Dec 2024

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 20 Dec 2023 Common Stock 109,136 Direct F1, F2, F3
holding PYPL Restricted Stock Units -2 20 Dec 2023 Common Stock 34,924 Direct F1, F2, F3
* 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 December 15, 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.
F2 Not applicable.
F3 Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.