Filing Details

Accession Number:
0001633917-18-000027
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-06 16:38:31
Reporting Period:
2018-02-02
Accepted Time:
2018-02-06 16:38:31
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
1643573 J William Ready C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
Evp, Chief Operating 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 2018-02-02 23,200 $77.02 95,944 No 4 S Direct
Common Stock Disposition 2018-02-02 36,800 $78.09 59,144 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
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) $35.88 2022-04-01 32,275 32,275 Direct
Common Stock Restricted Stock Units -5 $0.00 8,068 8,068 Direct
Common Stock Restricted Stock Units -6 $0.00 37,768 37,768 Direct
Common Stock Restricted Stock Units -7 $0.00 97,035 97,035 Direct
Common Stock Restricted Stock Units -8 $0.00 388,140 388,140 Direct
Common Stock Restricted Stock Units -9 $0.00 13,986 13,986 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-04-01 32,275 32,275 Direct
8,068 8,068 Direct
37,768 37,768 Direct
97,035 97,035 Direct
388,140 388,140 Direct
13,986 13,986 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 $77.80 to $78.51.
  4. 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.
  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 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 quarterly 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.
  10. The reporting person earned a total of 27,972 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 which vested on 3/1/17 (date of grant).