John J. Donahoe - Jan 2, 2024 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Role
Director
Signature
By: Brian Yamasaki For: John Joseph Donahoe
Stock symbol
PYPL
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/3/2024, 07:59 PM
Previous filing
Oct 13, 2023
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYPL Common Stock Award $0 +2.73K +3.7% $0.00 76.4K Jan 2, 2024 Direct F1, F2
holding PYPL Common Stock 7.11K Jan 2, 2024 by GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Company's director compensation policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors and any committees thereof. The number of shares of common stock awarded represent the quotient of (A) such retainer fees divided by (B) the Company's closing stock price on the date awarded, rounded up to the nearest whole share of common stock. The reporting person has elected to defer receipt of this stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated.
F2 Includes 48,395 shares of common stock that were distributed as an annuity payment on November 22, 2023 based on the terms of the grantor retained annuity trust. The distribution was exempt from reporting pursuant to Rule 16a-13.