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PayPal Holdings, Inc. — Director's Dealing 2021
Apr 17, 2021
29953_dirs_2021-04-16_e0e77ed4-5a4b-4129-85a4-a75c406d0946.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: 2021-04-15
Reporting Person: Alford Peggy (EVP, Global Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-15 | Common Stock | M | 7322 | $0.0 | Acquired | 19238 | Direct |
| 2021-04-15 | Common Stock | F | 3631 | $274.0 | Disposed | 15607 | Direct |
| 2021-04-15 | Common Stock | M | 14644 | $0.0 | Acquired | 30251 | Direct |
| 2021-04-15 | Common Stock | F | 7261 | $274.0 | Disposed | 22990 | Direct |
| 2021-04-16 | Common Stock | S | 3511 | $269.84 | Disposed | 19479 | Direct |
| 2021-04-16 | Common Stock | S | 489 | $273.86 | Disposed | 18990 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-15 | Restricted Stock Units -1 | $ | M | 14644 | Disposed | Common Stock (14644) | Direct | |
| 2021-04-15 | Restricted Stock Units -2 | $ | M | 7322 | Disposed | Common Stock (7322) | 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: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3: Represents the weighted average price of shares sold at prices that ranged from $269.51 to $270.13.
F4: Represents the weighted average price of shares sold at prices that ranged from $273.77 to $274.00.
F5: Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F6: 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.
F7: Not applicable.