Britto Mark 4
4 · PayPal Holdings, Inc. · Filed Jul 16, 2021
Insider Transaction Report
Form 4
Britto Mark
EVP, Global Sales and Credit
Transactions
- Exercise/Conversion
Common Stock
2021-07-15+2,949→ 128,036 total - Tax Payment
Common Stock
2021-07-15$296.51/sh−1,161$344,248→ 126,875 total - Exercise/Conversion
Restricted Stock Units -4
2021-07-15−2,949→ 0 total→ Common Stock (2,949 underlying)
Footnotes (4)
- [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.
- [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.