Frank Keller - Mar 1, 2024 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role: SVP, GM, Lg Ent & Mer Plat.
Signature: By: Brian Yamasaki For: Frank Keller
Stock symbol: PYPL
Transactions as of: Mar 1, 2024
Transactions value $: -$260,910
Form type: 4
Date filed: 3/4/2024, 06:15 PM
Previous filing: Feb 16, 2024
Next filing: Apr 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PYPL	Common Stock	Options Exercise	$0	+1.59K	+6.77%	$0.00	25K	Mar 1, 2024	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+767	+3.07%	$0.00	25.8K	Mar 1, 2024	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+153	+0.59%	$0.00	25.9K	Mar 1, 2024	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+5.28K	+20.36%	$0.00	31.2K	Mar 1, 2024	Direct
transaction	PYPL	Common Stock	Options Exercise	$0	+4.22K	+13.53%	$0.00	35.4K	Mar 1, 2024	Direct
transaction	PYPL	Common Stock	Tax liability	-$261K	-4.32K	-12.2%	$60.34	31.1K	Mar 1, 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	-1.59K	-100%	$0.00^*	0	Mar 1, 2024	Common Stock	1.59K		Direct	F2, F3, F4
transaction	PYPL	Restricted Stock Units -2	Options Exercise	$0	-767	-20%	$0.00	3.07K	Mar 1, 2024	Common Stock	767		Direct	F2, F4, F5
transaction	PYPL	Restricted Stock Units -3	Options Exercise	$0	-153	-20%	$0.00	612	Mar 1, 2024	Common Stock	153		Direct	F2, F4, F5
transaction	PYPL	Restricted Stock Units -4	Options Exercise	$0	-5.28K	-33.34%	$0.00	10.6K	Mar 1, 2024	Common Stock	5.28K		Direct	F2, F4, F6
transaction	PYPL	Restricted Stock Units -5	Options Exercise	$0	-4.22K	-33.34%	$0.00	8.45K	Mar 1, 2024	Common Stock	4.22K		Direct	F2, F4, F6
transaction	PYPL	Restricted Stock Units -7	Award	$0	+41K		$0.00	41K	Mar 1, 2024	Common Stock	41K		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.