Form 4 for PYPL PayPal
Accepted 2022-07-18 00:00:00 ET · period of report 2022-07-15 · accession 0001633917-22-000131 · 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 | 2022-07-18 | 2022-07-15 | PYPL | Shivananda Sripada | EVP, CTO | M - OptEx | $0.00 | +2,169 | 67.2K | +3% | $0 |
| D | 2022-07-18 | 2022-07-15 | PYPL | Shivananda Sripada | EVP, CTO | F - Tax | $73.91 | -1,076 | 66.1K | -2% | -$79.5K |
| D | 2022-07-18 | 2022-07-15 | PYPL | Shivananda Sripada | EVP, CTO | M - OptEx | $0.00 | -2,169 | 0 | -100% | $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 | 2022-07-15 | M | A | 2,169 | $0.00 | 67,193 | D | — | — | |
| 2 | Common | Common Stock | 2022-07-15 | F | D | 1,076 | $73.91 | 66,117 | 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 -3 | 2022-07-15 | M | D | 2,169 | $0.00 | 0 | D | — · — to — | 2,169 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. |