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 +1,586 +6.77% $0.00 25,016 Mar 1, 2024 Direct
transaction PYPL Common Stock +Options Exercise $0 +767 +3.07% $0.00 25,783 Mar 1, 2024 Direct
transaction PYPL Common Stock +Options Exercise $0 +153 +0.59% $0.00 25,936 Mar 1, 2024 Direct
transaction PYPL Common Stock +Options Exercise $0 +5,280 +20.36% $0.00 31,216 Mar 1, 2024 Direct
transaction PYPL Common Stock +Options Exercise $0 +4,224 +13.53% $0.00 35,440 Mar 1, 2024 Direct
transaction PYPL Common Stock -Tax liability -$260,910 -4,324 -12.2% $60.34 31,116 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 -1,586 -100% $0.00 0 Mar 1, 2024 Common Stock 1,586 Direct F2, F3, F4
transaction PYPL Restricted Stock Units -2 -Options Exercise $0 -767 -20% $0.00 3,068 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 -5,280 -33.34% $0.00 10,557 Mar 1, 2024 Common Stock 5,280 Direct F2, F4, F6
transaction PYPL Restricted Stock Units -5 -Options Exercise $0 -4,224 -33.34% $0.00 8,445 Mar 1, 2024 Common Stock 4,224 Direct F2, F4, F6
transaction PYPL Restricted Stock Units -7 +Grant/Award $0 +41,019 $0.00 41,019 Mar 1, 2024 Common Stock 41,019 Direct F2, F4, F7

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.