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Filing Details

Accession Number:: 0001633917-18-000045
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-02-20 17:53:05
Reporting Period:: 2018-02-15

Accepted Time:: 2018-02-20 17:53:05
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	Cfo & Evp, Global Cust Ops	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2018-02-15	22,065	$0.00	85,108	No	4	A	Direct
Common Stock	Disposition	2018-02-15	10,940	$78.30	74,168	No	4	F	Direct
Common Stock	Disposition	2018-02-16	23,166	$77.97	51,002	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Non-Qualified Stock Option (right to buy)	$33.80	2022-09-15	36,413	36,413	Direct
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
2022-09-15	36,413	36,413	Direct
	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

AIP share footnote: The reporting person earned 22,065 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 22,065 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 $77.57 to $78.17.
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.