Filing Details

Accession Number:
0001633917-18-000039
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-20 17:34:39
Reporting Period:
2018-02-15
Accepted Time:
2018-02-20 17:34:39
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
1694660 Aaron Karczmer C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
Evp, Cr & Compliance 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 18,387 $0.00 23,598 No 4 A Direct
Common Stock Disposition 2018-02-15 8,284 $78.30 15,314 No 4 F Direct
Common Stock Disposition 2018-02-16 7,578 $77.88 7,736 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 17,729 17,729 Direct
Common Stock Restricted Stock Units -2 $0.00 48,518 48,518 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
17,729 17,729 Direct
48,518 48,518 Direct
Footnotes
  1. AIP share footnote: The reporting person earned 18,387 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.
  2. Tax withholding footnote: Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of 18,387 shares of common stock underlying PBRSUs on 2/15/18 (see footnote 1).
  3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  4. Represents the weighted average price of shares sold at prices that ranged from $77.60 to $78.17.
  5. 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.
  6. Not applicable.
  7. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.