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
- 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 $77.80 to $78.51.
- 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.
- 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 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.
- 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).