Britto Mark 4
4 · PayPal Holdings, Inc. · Filed Mar 3, 2021
Insider Transaction Report
Form 4
Britto Mark
EVP, Global Sales and Credit
Transactions
- Exercise/Conversion
Restricted Stock Units -3
2021-03-01−1,047→ 0 total→ Common Stock (1,047 underlying) - Exercise/Conversion
Restricted Stock Units -5
2021-03-01−10,742→ 10,741 total→ Common Stock (10,742 underlying) - Award
Common Stock
2021-03-01+6,288→ 93,833 total - Tax Payment
Common Stock
2021-03-01$273.63/sh−22,801$6,239,038→ 71,032 total - Exercise/Conversion
Common Stock
2021-03-01+1,047→ 77,737 total - Award
Common Stock
2021-03-01+33,952→ 111,689 total - Award
Common Stock
2021-03-01+17,700→ 129,389 total - Exercise/Conversion
Common Stock
2021-03-01+10,742→ 140,131 total - Tax Payment
Common Stock
2021-03-01$273.63/sh−6,866$1,878,744→ 133,265 total - Exercise/Conversion
Restricted Stock Units -2
2021-03-01−5,658→ 0 total→ Common Stock (5,658 underlying) - Exercise/Conversion
Common Stock
2021-03-01+5,658→ 76,690 total - Award
Restricted Stock Units -6
2021-03-01+28,558→ 28,558 total→ Common Stock (28,558 underlying)
Footnotes (9)
- [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 2018-2020 performance period, which were vested as shares of common stock on 3/1/2021.
- [F2]Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 3/1/2021.
- [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.
- [F4]Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
- [F5]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.
- [F6]Not applicable.
- [F7]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 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.
- [F9]Not applicable.