PayPal director Alyssa Henry receives stock award
Henry Alyssa reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Henry Alyssa reported acquisition or exercise transactions in this Form 4 filing.
PayPal Holdings, Inc. director Alyssa Henry received a grant of 1,210 shares of common stock as a compensation award. The shares were granted at no cash cost to her and are fully vested.
According to the company’s Independent Director Compensation Policy, the award value was based on $54,246.58, which represents her prorated annual equity award of $275,000 from her appointment date to the first anniversary of the most recent annual stockholders meeting, divided by PayPal’s closing stock price on the grant date and rounded up to the nearest whole share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,210 | $0.00 | $0.00 |
Footnotes (1)
- F1. Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted and has received a fully vested stock payment award for shares of Company common stock promptly following her appointment as a director of the Company. The number of shares of common stock granted represents the quotient of (A) $54,246.58 (representing the reporting person's annual equity award of $275,000, prorated to reflect the number of days from the date of her appointment to the first anniversary of the most recent annual stockholders meeting), divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.
FAQ
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What insider transaction did PayPal (PYPL) report for Alyssa Henry?
Was Alyssa Henry’s PayPal (PYPL) stock grant a purchase or a compensation award?
How was Alyssa Henry’s PayPal (PYPL) equity award amount calculated?
What does PayPal’s Independent Director Compensation Policy provide for new directors?
Is Alyssa Henry’s ownership in PayPal (PYPL) direct or indirect after this grant?
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