Frank Keller - 01 Mar 2024 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role: SVP, GM, Lg Ent & Mer Plat.
Signature: By: Brian Yamasaki For: Frank Keller
Issuer symbol: PYPL
Transactions as of: 01 Mar 2024
Net transactions value: -$260,910
Form type: 4
Filing time: 04 Mar 2024, 18:15:12 UTC
Previous filing: 16 Feb 2024
Next filing: 16 Apr 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	Options Exercise	$0	+1,586	+6.8%	$0.000000	25,016	01 Mar 2024	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+767	+3.1%	$0.000000	25,783	01 Mar 2024	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+153	+0.59%	$0.000000	25,936	01 Mar 2024	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+5,280	+20%	$0.000000	31,216	01 Mar 2024	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+4,224	+14%	$0.000000	35,440	01 Mar 2024	Direct
transaction	PYPL	Common Stock	Tax liability	$260,910	-4,324	-12%	$60.34	31,116	01 Mar 2024	Direct	F1

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
transaction	PYPL	Restricted Stock Units -1	Options Exercise	$0	-1,586	-100%	$0.000000^*	0	01 Mar 2024	Common Stock	1,586		Direct	F2, F3, F4
transaction	PYPL	Restricted Stock Units -2	Options Exercise	$0	-767	-20%	$0.000000	3,068	01 Mar 2024	Common Stock	767		Direct	F2, F4, F5
transaction	PYPL	Restricted Stock Units -3	Options Exercise	$0	-153	-20%	$0.000000	612	01 Mar 2024	Common Stock	153		Direct	F2, F4, F5
transaction	PYPL	Restricted Stock Units -4	Options Exercise	$0	-5,280	-33%	$0.000000	10,557	01 Mar 2024	Common Stock	5,280		Direct	F2, F4, F6
transaction	PYPL	Restricted Stock Units -5	Options Exercise	$0	-4,224	-33%	$0.000000	8,445	01 Mar 2024	Common Stock	4,224		Direct	F2, F4, F6
transaction	PYPL	Restricted Stock Units -7	Award	$0	+41,019		$0.000000	41,019	01 Mar 2024	Common Stock	41,019		Direct	F2, F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
F2	Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F3	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.
F4	Not applicable.
F5	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.
F6	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.
F7	The reporting person received a restricted stock unit grant on March 1, 2024, 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.