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

Role
EVP, GM, Lg Ent & Mer Plat.
Signature
By: Brian Yamasaki For: Frank Keller
Stock symbol
PYPL
Transactions as of
Jun 1, 2024
Transactions value $
-$103,052
Form type
4
Date filed
6/3/2024, 09:01 PM
Previous 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 +767 +3.27% $0.00 24,197 Jun 1, 2024 Direct
transaction PYPL Common Stock +Options Exercise $0 +153 +0.63% $0.00 24,350 Jun 1, 2024 Direct
transaction PYPL Common Stock +Options Exercise $0 +1,056 +4.34% $0.00 25,406 Jun 1, 2024 Direct
transaction PYPL Common Stock +Options Exercise $0 +1,320 +5.2% $0.00 26,726 Jun 1, 2024 Direct
transaction PYPL Common Stock -Tax liability -$103,052 -1,636 -6.12% $62.99 25,090 Jun 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 -2 -Options Exercise $0 -767 -25% $0.00 2,301 Jun 1, 2024 Common Stock 767 Direct F2, F3, F4
transaction PYPL Restricted Stock Units -3 -Options Exercise $0 -153 -25% $0.00 459 Jun 1, 2024 Common Stock 153 Direct F2, F3, F4
transaction PYPL Restricted Stock Units -4 -Options Exercise $0 -1,320 -12.5% $0.00 9,237 Jun 1, 2024 Common Stock 1,320 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -5 -Options Exercise $0 -1,056 -12.5% $0.00 7,389 Jun 1, 2024 Common Stock 1,056 Direct F2, F4, F5

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, 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.
F4 Not applicable.
F5 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.