Filing Details
- Accession Number:
- 0001633917-17-000040
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-03 21:11:20
- Reporting Period:
- 2017-03-01
- Filing Date:
- 2017-03-03
- Accepted Time:
- 2017-03-03 21:11:20
- 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 | Disposition | 2017-03-01 | 3,389 | $42.43 | 40,740 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2017-03-01 | 6,993 | $0.00 | 47,733 | No | 4 | A | Direct | |
Common Stock | Disposition | 2017-03-01 | 2,374 | $42.43 | 45,359 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2017-03-01 | 13,987 | $0.00 | 59,346 | No | 4 | A | Direct | |
Common Stock | Disposition | 2017-03-01 | 6,537 | $42.43 | 52,809 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2017-03-01 | 376 | $34.99 | 53,185 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-03-01 | 376 | $42.31 | 52,809 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-03-01 | 342 | $35.20 | 53,151 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-03-01 | 342 | $42.31 | 52,809 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-03-01 | 336 | $35.88 | 53,145 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-03-01 | 336 | $42.31 | 52,809 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2017-03-01 | 672 | $35.88 | 53,481 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-03-01 | 672 | $42.31 | 52,809 | No | 4 | S | Direct | |
Common Stock | Disposition | 2017-03-02 | 15,660 | $42.66 | 37,149 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | A | Direct | |
No | 4 | F | 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 | |
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 | 2017-03-01 | 376 | $0.00 | 376 | $34.99 |
Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2017-03-01 | 342 | $0.00 | 342 | $35.20 |
Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2017-03-01 | 336 | $0.00 | 336 | $35.88 |
Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2017-03-01 | 672 | $0.00 | 672 | $35.88 |
Common Stock | Restricted Stock Units -6 | Acquisiton | 2017-03-01 | 72,777 | $0.00 | 72,777 | $0.00 |
Common Stock | Restricted Stock Units -7 | Acquisiton | 2017-03-01 | 6,993 | $0.00 | 6,993 | $0.00 |
Common Stock | Restricted Stock Units -8 | Acquisiton | 2017-03-01 | 13,986 | $0.00 | 13,986 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
377 | 2020-04-01 | No | 4 | M | Direct | |
4,448 | 2021-04-01 | No | 4 | M | Direct | |
25,888 | 2022-04-01 | No | 4 | M | Direct | |
25,216 | 2022-04-01 | No | 4 | M | Direct | |
72,777 | No | 4 | A | Direct | ||
6,993 | No | 4 | A | Direct | ||
13,986 | No | 4 | A | 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
- Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 6,980 shares subject to restricted stock units granted to the reporting person in respect of performance-based restricted stock units (PBRSUs) for the 2014-2015 performance period.
- The reporting person earned 41,959 shares in respect of performance-based restricted stock units (PBRSUs) for the 2015-2016 performance period, which were granted to the reporting person as restricted stock units on 3/1/17. Amount represents 50% of the shares subject to such restricted stock units vesting on the first anniversary of the date of grant.
- Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of a total of 20,980 shares (see footnote 2) subject to restricted stock units granted to the Reporting Person in respect of PBRSUs for the 2015-2016 performance period.
- 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 prices that ranged from $42.23 to $42.85.
- 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 25,216 shares beneficially held after both exercises are reflected.
- 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.
- Not applicable.
- 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.