Michelle Gill - Dec 15, 2024 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Signature
By: Brian Yamasaki For: Michelle Gill
Stock symbol
PYPL
Transactions as of
Dec 15, 2024
Transactions value $
-$2,167,277
Form type
4
Date filed
12/16/2024, 07:44 PM
Previous filing
Dec 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock Options Exercise $0 +36.4K $0.00 36.4K Dec 15, 2024 Direct
transaction PYPL Common Stock Options Exercise $0 +11.6K +32% $0.00 48K Dec 15, 2024 Direct
transaction PYPL Common Stock Tax liability -$2.17M -23.8K -49.58% $91.02 24.2K Dec 15, 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 -36.4K -33.33% $0.00 72.8K Dec 15, 2024 Common Stock 36.4K Direct F2, F3, F4
transaction PYPL Restricted Stock Units -2 Options Exercise $0 -11.6K -33.34% $0.00 23.3K Dec 15, 2024 Common Stock 11.6K Direct F2, F3, F4
* 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 December 15, 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.
F4 Not applicable.