Filing Details
- Accession Number:
- 0001633917-18-000086
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-04-02 18:03:54
- Reporting Period:
- 2018-03-29
- Accepted Time:
- 2018-04-02 18:03:54
- 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 |
|---|---|---|---|---|---|---|---|
| 1215315 | H Daniel Schulman | C/O Paypal Holdings, Inc. 2211 North First Street San Jose CA 95131 | President And Ceo | Yes | 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 | 2018-03-29 | 3,316 | $75.18 | 346,300 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-03-29 | 5,884 | $76.00 | 340,416 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-03-29 | 1,800 | $76.90 | 338,616 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-03-29 | 15,000 | $31.56 | 353,616 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-03-29 | 4,400 | $75.18 | 349,216 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-03-29 | 8,100 | $75.99 | 341,116 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-03-29 | 2,500 | $76.89 | 338,616 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-04-01 | 18,154 | $0.00 | 356,770 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-04-01 | 54,555 | $0.00 | 411,325 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-04-01 | 36,028 | $75.87 | 375,297 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-03-29 | 15,000 | $0.00 | 15,000 | $31.56 |
| Common Stock | Performance Stock Units | Acquisiton | 2018-04-01 | 379,110 | $0.00 | 379,110 | $0.00 |
| Common Stock | Restricted Stock Units -3 | Disposition | 2018-04-01 | 18,154 | $0.00 | 18,154 | $0.00 |
| Common Stock | Restricted Stock Units -5 | Disposition | 2018-04-01 | 54,555 | $0.00 | 54,555 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 131,764 | 2021-10-15 | No | 4 | M | Direct | |
| 379,110 | 2023-04-01 | No | 4 | A | Direct | |
| 18,154 | No | 4 | M | Direct | ||
| 54,555 | No | 4 | M | 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 | 145,234 | 145,234 | Direct | |
| Common Stock | Non-Qualified Stock Option (right to buy) | $41.64 | 2022-07-17 | 30,485 | 30,485 | Direct | |
| Common Stock | Restricted Stock Units -1 | $0.00 | 33,701 | 33,701 | Direct | ||
| Common Stock | Restricted Stock Units -4 | $0.00 | 7,621 | 7,621 | Direct | ||
| Common Stock | Restricted Stock Units -6 | $0.00 | 121,292 | 121,292 | Direct | ||
| Common Stock | Restricted Stock Units -9 | $0.00 | 113,173 | 113,173 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-04-01 | 145,234 | 145,234 | Direct |
| 2022-07-17 | 30,485 | 30,485 | Direct |
| 33,701 | 33,701 | Direct | |
| 7,621 | 7,621 | Direct | |
| 121,292 | 121,292 | Direct | |
| 113,173 | 113,173 | 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 $74.56 to $75.56.
- Represents the weighted average price of shares sold at prices that ranged from $75.57 to $76.55.
- Represents the weighted average price of shares sold at prices that ranged from $76.5850 to $77.17.
- Represents the weighted average price of shares sold at prices that ranged from $74.56 to $75.56.
- Represents the weighted average price of shares sold at prices that ranged from $75.5850 to $76.5850.
- Represents the weighted average price of shares sold at prices that ranged from $76.59 to $77.16.
- Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
- The option grant is subject to a four-year vesting schedule, vesting 25% on 9/30/15 and 1/48th per month thereafter.
- Each performance stock unit represents a contingent right to receive one share of PayPal's common stock. One-half of the performance stock units are earned upon PayPal common stock achieving an average closing price per share of $105 or higher for 90 consecutive trading days during the five-year performance period. The other one-half of the performance stock units are earned upon PayPal common stock achieving an average closing price per share of $125 or higher for 90 consecutive trading days during the five-year performance period (the date on which the $105 or $125 closing price per share target is achieved is referred to as an "earned date" for the applicable performance stock units). If earned, the performance stock units will vest ratably on the third, fourth and fifth anniversaries of the grant date; provided, however, that if the earned date(s) is after the third anniversary of the grant date but before the fourth anniversary, the performance stock units will vest ratably on t
- Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
- The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/16 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.
- 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 option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- The option grant is subject to a four-year vesting schedule, vesting 12.5% on 01/17/16 and 1/48th per month thereafter.
- The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 10/15/15 and 25% each 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 received restricted stock units subject to a four-year vesting schedule, vesting 25% on 07/17/16 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.
Billionaire Hedge Funds
