John J. Donahoe - 02 Jan 2024 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role: Director
Signature: By: Brian Yamasaki For: John Joseph Donahoe
Issuer symbol: PYPL
Transactions as of: 02 Jan 2024
Transactions value $: $0
Form type: 4
Filing time: 03 Jan 2024, 19:59:38 UTC
Previous filing: 13 Oct 2023
Next filing: 23 May 2024
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	+2.73K	+3.7%	$0.00	76.4K	02 Jan 2024	Direct	F1, F2
holding	PYPL	Common Stock						7.11K	02 Jan 2024	by GRAT

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Company's director compensation policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors and any committees thereof. The number of shares of common stock awarded represent the quotient of (A) such retainer fees divided by (B) the Company's closing stock price on the date awarded, rounded up to the nearest whole share of common stock. The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.
F2	Includes 48,395 shares of common stock that were distributed as an annuity payment on November 22, 2023 based on the terms of the grantor retained annuity trust. The distribution was exempt from reporting pursuant to Rule 16a-13.

Content

Pursuant to the Company's director compensation policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors and any committees thereof. The number of shares of common stock awarded represent the quotient of (A) such retainer fees divided by (B) the Company's closing stock price on the date awarded, rounded up to the nearest whole share of common stock. The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.

Includes 48,395 shares of common stock that were distributed as an annuity payment on November 22, 2023 based on the terms of the grantor retained annuity trust. The distribution was exempt from reporting pursuant to Rule 16a-13.