JOHNSON ALLISON 4
4 · PayPal Holdings, Inc. · Filed Feb 19, 2020
Insider Transaction Report
Form 4
JOHNSON ALLISON
EVP, Chief Marketing Officer
Transactions
- Award
Common Stock
2020-02-15+7,040→ 7,040 total - Tax Payment
Common Stock
2020-02-15$122.99/sh−2,449$301,203→ 4,591 total - Exercise/Conversion
Common Stock
2020-02-15+11,010→ 15,601 total - Tax Payment
Common Stock
2020-02-15$122.99/sh−5,296$651,355→ 10,305 total - Exercise/Conversion
Restricted Stock Units -1
2020-02-15−11,010→ 22,019 total→ Common Stock (11,010 underlying)
Footnotes (6)
- [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 2019 performance period, which were vested as shares of common stock on 2/15/2020.
- [F2]Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 2/15/2020.
- [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.