Enrique Lores - 24 Jul 2024 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role: Director
Signature: By: Brian Yamasaki For: Enrique Lores
Issuer symbol: PYPL
Transactions as of: 24 Jul 2024
Net transactions value: $0
Form type: 4
Filing time: 17 Jan 2025, 17:38:24 UTC
Previous filing: 23 May 2024
Next filing: 13 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PYPL	Common Stock	Award	$0	+665	+3%	$0.000000	22,799	24 Jul 2024	Direct	F1
transaction	PYPL	Common Stock	Award	$0	+1,251	+5.5%	$0.000000	24,050	24 Jul 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Company's Independent Director Compensation Policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors for his appointment as Chair of the Board of Directors of the Company. The number of shares of common stock awarded represent the quotient of (A) $38,595.89 (representing the reporting person's annual Chair retainer fees of $87,500, prorated to reflect the number of days from the date of his appointment to December 31, 2024), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock. The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.
F2	Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted and has received a fully vested stock payment award for shares of Company common stock in connection with his appointment as Chair of the Board of the Directors of the Company. The number of shares of common stock granted represents the quotient of (A) $72,636.99 (representing the reporting person's annual Chair equity award of $87,500, prorated to reflect the number of days from the date of his appointment to the first anniversary of the most recent annual stockholders meeting), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock. The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.

Content

Pursuant to the Company's Independent Director Compensation Policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors for his appointment as Chair of the Board of Directors of the Company. The number of shares of common stock awarded represent the quotient of (A) $38,595.89 (representing the reporting person's annual Chair retainer fees of $87,500, prorated to reflect the number of days from the date of his appointment to December 31, 2024), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock. The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.

Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted and has received a fully vested stock payment award for shares of Company common stock in connection with his appointment as Chair of the Board of the Directors of the Company. The number of shares of common stock granted represents the quotient of (A) $72,636.99 (representing the reporting person's annual Chair equity award of $87,500, prorated to reflect the number of days from the date of his appointment to the first anniversary of the most recent annual stockholders meeting), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock. The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.