PayPal Holdings, Inc. — Director's Dealing 2021

Mar 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PayPal Holdings, Inc. (PYPL)
CIK: 0001633917
Period of Report: 2021-03-01

Reporting Person: Britto Mark (EVP, Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-01	Common Stock	A	6288	$0.0	Acquired	93833	Direct
2021-03-01	Common Stock	F	22801	$273.63	Disposed	71032	Direct
2021-03-01	Common Stock	M	5658	$0.0	Acquired	76690	Direct
2021-03-01	Common Stock	M	1047	$0.0	Acquired	77737	Direct
2021-03-01	Common Stock	A	33952	$0.0	Acquired	111689	Direct
2021-03-01	Common Stock	A	17700	$0.0	Acquired	129389	Direct
2021-03-01	Common Stock	M	10742	$0.0	Acquired	140131	Direct
2021-03-01	Common Stock	F	6866	$273.63	Disposed	133265	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-01	Restricted Stock Units -2	$	M	5658	Disposed		Common Stock (5658)	Direct
2021-03-01	Restricted Stock Units -3	$	M	1047	Disposed		Common Stock (1047)	Direct
2021-03-01	Restricted Stock Units -5	$	M	10742	Disposed		Common Stock (10742)	Direct
2021-03-01	Restricted Stock Units -6	$	A	28558	Acquired		Common Stock (28558)	Direct

Footnotes

F1: Represents shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2018-2020 performance period, which were vested as shares of common stock on 3/1/2021.

F2: Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 3/1/2021.

F3: Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.

F4: Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.

F5: 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.

F6: Not applicable.

F7: Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock

F8: 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.

F9: Not applicable.