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PayPal Holdings, Inc. — Director's Dealing 2021
Jul 16, 2021
29953_dirs_2021-07-16_b2d9712e-973b-4fed-8ebc-54297c2b8635.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PayPal Holdings, Inc. (PYPL)
CIK: 0001633917
Period of Report: 2021-07-15
Reporting Person: Britto Mark (EVP, Chief Product Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-15 | Common Stock | M | 2949 | $0.0 | Acquired | 128036 | Direct |
| 2021-07-15 | Common Stock | F | 1161 | $296.51 | Disposed | 126875 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-15 | Restricted Stock Units -4 | $ | M | 2949 | Disposed | Common Stock (2949) | Direct |
Footnotes
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 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.