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

Role
EVP, GM, Lg Ent & Mer Plat.
Signature
By: Brian Yamasaki For: Frank Keller
Issuer symbol
PYPL
Transactions as of
01 Dec 2024
Net transactions value
-$141,956
Form type
4
Filing time
02 Dec 2024, 16:39:58 UTC
Previous filing
03 Sep 2024
Next filing
04 Mar 2025
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 +767 +2.9% $0.000000 27,517 01 Dec 2024 Direct
transaction PYPL Common Stock Options Exercise $0 +153 +0.56% $0.000000 27,670 01 Dec 2024 Direct
transaction PYPL Common Stock Options Exercise $0 +1,320 +4.8% $0.000000 28,990 01 Dec 2024 Direct
transaction PYPL Common Stock Options Exercise $0 +1,056 +3.6% $0.000000 30,046 01 Dec 2024 Direct
transaction PYPL Common Stock Tax liability $141,956 -1,636 -5.4% $86.77 28,410 01 Dec 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 -50% $0.000000 767 01 Dec 2024 Common Stock 767 Direct F2, F3, F4
transaction PYPL Restricted Stock Units -3 Options Exercise $0 -153 -50% $0.000000 153 01 Dec 2024 Common Stock 153 Direct F2, F3, F4
transaction PYPL Restricted Stock Units -4 Options Exercise $0 -1,320 -17% $0.000000 6,597 01 Dec 2024 Common Stock 1,320 Direct F2, F4, F5
transaction PYPL Restricted Stock Units -5 Options Exercise $0 -1,056 -17% $0.000000 5,277 01 Dec 2024 Common Stock 1,056 Direct F2, F4, F5
* 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, 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.