Auerbach Jonathan 4
4 · PayPal Holdings, Inc. · Filed Sep 5, 2023
Insider Transaction Report
Form 4
Auerbach Jonathan
SVP, Strategy & Growth Off.
Transactions
- Tax Payment
Common Stock
2023-09-01$63.57/sh−1,525$96,944→ 144,008 total - Exercise/Conversion
Common Stock
2023-09-01+3,070→ 145,533 total - Exercise/Conversion
Restricted Stock Units -10
2023-09-01−3,070→ 18,414 total→ Common Stock (3,070 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 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.
- [F4]Not applicable.