Filing Details
- Accession Number:
- 0001633917-17-000024
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-03 17:40:05
- Reporting Period:
- 2017-02-01
- Filing Date:
- 2017-02-03
- Accepted Time:
- 2017-02-03 17:40:05
- 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 |
---|---|---|---|---|---|---|---|
1644073 | J Gary Marino | C/O Paypal Holdings, Inc. 2211 North First Street San Jose CA 95131 | Evp, Chief Commercial Officer | 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 | 2017-02-01 | 376 | $34.99 | 44,505 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-02-01 | 376 | $39.96 | 44,129 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-02-01 | 342 | $35.20 | 44,471 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-02-01 | 342 | $39.96 | 44,129 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-02-01 | 336 | $35.88 | 44,465 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-02-01 | 336 | $39.96 | 44,129 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-02-01 | 673 | $35.88 | 44,802 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-02-01 | 673 | $39.96 | 44,129 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | 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 | 2017-02-01 | 376 | $0.00 | 376 | $34.99 |
Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2017-02-01 | 342 | $0.00 | 342 | $35.20 |
Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2017-02-01 | 336 | $0.00 | 336 | $35.88 |
Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2017-02-01 | 673 | $0.00 | 673 | $35.88 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
753 | 2020-04-01 | No | 4 | M | Direct | |
4,790 | 2021-04-01 | No | 4 | M | Direct | |
26,897 | 2022-04-01 | No | 4 | M | Direct | |
26,224 | 2022-04-01 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units -1 | $0.00 | 2,256 | 2,256 | Direct | ||
Common Stock | Restricted Stock Units -2 | $0.00 | 4,104 | 4,104 | Direct | ||
Common Stock | Restricted Stock Units -3 | $0.00 | 6,052 | 6,052 | Direct | ||
Common Stock | Restricted Stock Units -4 | $0.00 | 12,103 | 12,103 | Direct | ||
Common Stock | Restricted Stock Units -5 | $0.00 | 37,770 | 37,770 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2,256 | 2,256 | Direct | |
4,104 | 4,104 | Direct | |
6,052 | 6,052 | Direct | |
12,103 | 12,103 | Direct | |
37,770 | 37,770 | 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 $36.96 to $40.9599.
- 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.
- Total represents an aggregate amount of 26,224 shares beneficially held after both exercises are reflected.
- 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 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.