Filing Details

Accession Number:
0001633917-18-000025
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-06 16:34:06
Reporting Period:
2018-02-02
Accepted Time:
2018-02-06 16:34:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1633917 Paypal Holdings Inc. PYPL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1547433 D John Rainey C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
Evp, Chief Financial 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 2018-02-02 50,977 $33.80 114,020 No 4 M Direct
Common Stock Disposition 2018-02-02 19,300 $77.01 94,720 No 4 S Direct
Common Stock Disposition 2018-02-02 31,677 $78.09 63,043 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 2018-02-02 50,977 $0.00 50,977 $33.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
36,413 2022-09-15 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 21,847 21,847 Direct
Common Stock Restricted Stock Units -2 $0.00 43,694 43,694 Direct
Common Stock Restricted Stock Units -3 $0.00 33,572 33,572 Direct
Common Stock Restricted Stock Units -4 $0.00 60,647 60,647 Direct
Common Stock Restricted Stock Units -5 $0.00 75,738 75,738 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
21,847 21,847 Direct
43,694 43,694 Direct
33,572 33,572 Direct
60,647 60,647 Direct
75,738 75,738 Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  2. Represents the weighted average price of shares sold at prices that ranged from $76.76 to $77.76.
  3. Represents the weighted average price of shares sold at prices that ranged from $77.77 to $78.50.
  4. Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
  5. 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.
  6. Not applicable.
  7. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
  8. 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.
  9. The reporting person earned a total of 75,738 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. 100% of the shares subject to such restricted stock units will vest on the first anniversary of the date of grant.