Aaron Karczmer - 15 Feb 2022 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
EVP, Risk, Platforms, and Lega
Signature
By: BRIAN YAMASAKI For: AARON KARCZMER
Issuer symbol
PYPL
Transactions as of
15 Feb 2022
Transactions value $
-$70,892
Form type
4
Filing time
16 Feb 2022, 17:18:32 UTC
Next filing
02 Mar 2022
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 +1.46K +3.77% $0.00 40.3K 15 Feb 2022 Direct F1
transaction PYPL Common Stock Tax liability -$70.9K -614 -1.53% $115.46 39.6K 15 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 2021 performance period, which were vested as shares of common stock on 2/15/2022.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 2/15/2022.