Form 4 for PYPL PayPal

Accepted 2021-07-16 00:00:00 ET · period of report 2021-07-15 · accession 0001633917-21-000138 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2021-07-16	2021-07-15	PYPL	Britto Mark	EVP, Chief Product Off	M - OptEx	$0.00	+2,949	128.0K	+2%	$0
D	2021-07-16	2021-07-15	PYPL	Britto Mark	EVP, Chief Product Off	F - Tax	$296.51	-1,161	126.9K	-0.9%	-$344.2K
D	2021-07-16	2021-07-15	PYPL	Britto Mark	EVP, Chief Product Off	M - OptEx	$0.00	-2,949	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-07-15	M	A	2,949	$0.00	128,036	D	—	—
2	Common	Common Stock	2021-07-15	F	D	1,161	$296.51	126,875	D	—	—	(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.
3	Derivative	Restricted Stock Units -4	2021-07-15	M	D	2,949	$0.00	0	D	— · — to —	2,949 Common Stock	(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.