Filing Details
- Accession Number:
- 0001633917-18-000035
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-20 17:10:15
- Reporting Period:
- 2018-02-15
- Accepted Time:
- 2018-02-20 17:10:15
- 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 |
|---|---|---|---|---|---|---|---|
| 1645073 | Aaron Anderson | C/O Paypal Holdings, Inc. 2211 North First Street San Jose CA 95131 | Vp, Chief Accounting 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 | 2018-02-15 | 5,948 | $0.00 | 17,561 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2018-02-15 | 2,105 | $78.30 | 15,456 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2018-02-16 | 3,843 | $77.98 | 11,613 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | 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 | 1,963 | 1,963 | Direct | ||
| Common Stock | Restricted Stock Units -2 | $0.00 | 3,533 | 3,533 | Direct | ||
| Common Stock | Restricted Stock Units -3 | $0.00 | 7,204 | 7,204 | Direct | ||
| Common Stock | Restricted Stock Units -4 | $0.00 | 4,034 | 4,034 | Direct | ||
| Common Stock | Restricted Stock Units -5 | $0.00 | 3,777 | 3,777 | Direct | ||
| Common Stock | Restricted Stock Units -6 | $0.00 | 9,098 | 9,098 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 1,963 | 1,963 | Direct | |
| 3,533 | 3,533 | Direct | |
| 7,204 | 7,204 | Direct | |
| 4,034 | 4,034 | Direct | |
| 3,777 | 3,777 | Direct | |
| 9,098 | 9,098 | Direct |
Footnotes
- AIP share footnote: The reporting person earned 5,948 shares in respect of performance-based restricted stock unit units (PBRSUs) based on the company's achievement of certain performance targets for the 2017 performance period, which were vested as shares of common stock on 2/15/18.
- Tax withholding footnote: Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of 5,948 shares of common stock underlying PBRSUs on 2/15/18 (see footnote 1).
- 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 $77.62 to $78.26.
- 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.
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