Filing Details
- Accession Number:
- 0001633917-15-000071
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-11-12 19:12:04
- Reporting Period:
- 2015-11-11
- Filing Date:
- 2015-11-12
- Accepted Time:
- 2015-11-12 19:12:04
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1633917 | Paypal Holdings Inc. | PYPL | Services-Business Services, Nec (7389) | 492989869 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1588691 | James Barrese | C/O Paypal Holdings, Inc. 2211 North First Street San Jose CA 95131 | Svp, Payment Services & Cto | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2015-11-11 | 1,970 | $22.98 | 25,779 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-11-11 | 1,886 | $37.15 | 23,893 | No | 4 | S | Direct | |
Common Stock | Disposition | 2015-11-11 | 23,809 | $37.14 | 84 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2015-11-11 | 1,970 | $0.00 | 1,970 | $22.98 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,971 | 2019-04-02 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 13 | Indirect | by Children |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Non-Qualified Stock Option (right to buy) | $34.99 | 2020-04-01 | 13,538 | 13,538 | Direct | |
Common Stock | Non-Qualified Stock Option (right to buy) | $35.19 | 2021-04-01 | 27,918 | 27,918 | Direct | |
Common Stock | Non-Qualified Stock Option (right to buy) | $35.88 | 2022-04-01 | 32,275 | 32,275 | Direct | |
Common Stock | Restricted Stock Units -1 | $0.00 | 17,316 | 17,316 | Direct | ||
Common Stock | Restricted Stock Units -2 | $0.00 | 5,254 | 5,254 | Direct | ||
Common Stock | Restricted Stock Units -3 | $0.00 | 9,025 | 9,025 | Direct | ||
Common Stock | Restricted Stock Units -4 | $0.00 | 10,469 | 10,469 | Direct | ||
Common Stock | Restricted Stock Units -5 | $0.00 | 99,548 | 99,548 | Direct | ||
Common Stock | Restricted Stock Units -6 | $0.00 | 16,138 | 16,138 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2020-04-01 | 13,538 | 13,538 | Direct |
2021-04-01 | 27,918 | 27,918 | Direct |
2022-04-01 | 32,275 | 32,275 | Direct |
17,316 | 17,316 | Direct | |
5,254 | 5,254 | Direct | |
9,025 | 9,025 | Direct | |
10,469 | 10,469 | Direct | |
99,548 | 99,548 | Direct | |
16,138 | 16,138 | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- Represents the weighted average price of shares sold at a price that ranged from $37.15 to $37.18.
- Represents the weighted average price of shares sold at a price that ranged from $37.02 to $37.29.
- Includes 13 shares held by Mr. Barrese's children. Mr. Barrese disclaims beneficial ownership of these shares.
- The option grant is subject to a four-year vesting schedule, vesting 12.5% on the 6 month anniversary of the grant and 1/48th per month thereafter.
- The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on the one year anniversary date of the restricted stock unit and 25% each year thereafter. 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.
- Not applicable.
- Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
- The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary, and 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.