Form 4 for PYPL PayPal
Accepted 2022-03-02 00:00:00 ET · period of report 2022-02-28 · accession 0001633917-22-000063 · 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 | 2022-03-02 | 2022-03-01 | PYPL | Alford Peggy | EVP, Gbl Sales | A - Grant | $0.00 | +40.9K | 70.1K | +140% | $0 |
| DM | 2022-03-02 | 2022-03-01 | PYPL | Alford Peggy | EVP, Gbl Sales | M - OptEx | $0.00 | +14.3K | 29.2K | +95% | $0 |
| D | 2022-03-02 | 2022-02-28 | PYPL | Alford Peggy | EVP, Gbl Sales | S - Sale+OE | $110.31 | -926 | 15.0K | -6% | -$102.1K |
| DM | 2022-03-02 | 2022-03-01 | PYPL | Alford Peggy | EVP, Gbl Sales | F - Tax | $106.51 | -26.6K | 63.0K | -30% | -$2.83M |
| DM | 2022-03-02 | 2022-03-01 | PYPL | Alford Peggy | EVP, Gbl Sales | M - OptEx | $0.00 | -14.3K | 8,540 | -63% | $0 |
| D | 2022-03-02 | 2022-03-01 | PYPL | Alford Peggy | EVP, Gbl Sales | A - Grant | $0.00 | +36.8K | 36.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-01 | A | A | 40,857 | $0.00 | 70,093 | D | — | — | (F2) Represents shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2019-2021 performance period, which were vested as shares of common stock on 3/1/2022. |
| 2 | Common | Common Stock | 2022-03-01 | M | A | 8,541 | $0.00 | 23,524 | D | — | — | |
| 3 | Common | Common Stock | 2022-02-28 | S | D | 926 | $110.31 | 14,983 | D | — | — | (F1) The sales reported were effected pursuant to a Rule 10b5-1 trading plan. |
| 4 | Common | Common Stock | 2022-03-01 | F | D | 19,549 | $106.51 | 43,476 | D | — | — | (F4) Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 3/1/2022. |
| 5 | Common | Common Stock | 2022-03-01 | M | A | 5,712 | $0.00 | 29,236 | D | — | — | |
| 6 | Common | Common Stock | 2022-03-01 | F | D | 7,068 | $106.51 | 63,025 | D | — | — | (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. |
| 7 | Derivative | Restricted Stock Units -4 | 2022-03-01 | M | D | 5,712 | $0.00 | 11,423 | D | — · — to — | 5,712 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. (F6) 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. (F7) Not applicable. |
| 8 | Derivative | Restricted Stock Units -5 | 2022-03-01 | A | A | 36,832 | $0.00 | 36,832 | D | — · — to — | 36,832 Common Stock | (F5) 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 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. 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. (F7) Not applicable. |
| 9 | Derivative | Restricted Stock Units -3 | 2022-03-01 | M | D | 8,541 | $0.00 | 8,540 | D | — · — to — | 8,541 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. (F6) 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. (F7) Not applicable. |