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
- 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 $76.76 to $77.76.
- Represents the weighted average price of shares sold at prices that ranged from $77.77 to $78.50.
- Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly 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 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.
- 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.