Aaron Karczmer - 15 Feb 2024 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Signature
By: Brian Yamasaki For: Aaron Karczmer
Issuer symbol
PYPL
Transactions as of
15 Feb 2024
Transactions value $
-$290,582
Form type
4
Filing time
16 Feb 2024, 19:39:40 UTC
Previous filing
04 Dec 2023
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock Award $0 +12K +9.66% $0.00 136K 15 Feb 2024 Direct F1
transaction PYPL Common Stock Tax liability -$291K -4.94K -3.62% $58.87 131K 15 Feb 2024 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 to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2023 performance period, which were vested as shares of common stock on 2/15/2024. The reporting person has elected to defer 10% of the receipt of this PBRSU award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 2/15/2024.