Shivananda Sripada 4
4 · PayPal Holdings, Inc. · Filed Jul 18, 2022
Insider Transaction Report
Form 4
Shivananda Sripada
SVP, Chief Technology Officer
Transactions
- Exercise/Conversion
Restricted Stock Units -3
2022-07-15−2,169→ 0 total→ Common Stock (2,169 underlying) - Exercise/Conversion
Common Stock
2022-07-15+2,169→ 67,193 total - Tax Payment
Common Stock
2022-07-15$73.91/sh−1,076$79,527→ 66,117 total
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.