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PayPal Holdings, Inc. — Director's Dealing 2021
Mar 4, 2021
29953_dirs_2021-03-03_41324c50-64fa-431d-be9a-0ad294c9e141.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: 2021-03-01
Reporting Person: Karbowski Jeffrey William (VP, Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-01 | Common Stock | M | 1257 | $0.0 | Acquired | 8559 | Direct |
| 2021-03-01 | Common Stock | M | 1128 | $0.0 | Acquired | 9687 | Direct |
| 2021-03-01 | Common Stock | M | 537 | $0.0 | Acquired | 10224 | Direct |
| 2021-03-01 | Common Stock | M | 1068 | $0.0 | Acquired | 11292 | Direct |
| 2021-03-01 | Common Stock | F | 1752 | $273.63 | Disposed | 9540 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-01 | Restricted Stock Units -2 | $ | M | 1257 | Disposed | Common Stock (1257) | Direct | |
| 2021-03-01 | Restricted Stock Units -3 | $ | M | 1128 | Disposed | Common Stock (1128) | Direct | |
| 2021-03-01 | Restricted Stock Units -4 | $ | M | 537 | Disposed | Common Stock (537) | Direct | |
| 2021-03-01 | Restricted Stock Units -6 | $ | M | 1068 | Disposed | Common Stock (1068) | Direct | |
| 2021-03-01 | Restricted Stock Units -7 | $ | A | 1286 | Acquired | Common Stock (1286) | Direct | |
| 2021-03-01 | Restricted Stock Units -8 | $ | A | 286 | Acquired | Common Stock (286) | 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.