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

Role
EVP, GM, SMB & Financial Svcs
Signature
By: Brian Yamasaki For: Michelle Gill
Stock symbol
PYPL
Transactions as of
Dec 20, 2023
Transactions value $
$0
Form type
3
Date filed
12/29/2023, 06:26 PM
Previous filing
Sep 16, 2022

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 109K Direct F1, F2, F3
holding PYPL Restricted Stock Units -2 Dec 20, 2023 Common Stock 34.9K 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.