Filing Details

Accession Number:
0001633917-19-000053
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-20 18:52:13
Reporting Period:
2019-02-15
Accepted Time:
2019-02-20 18:52:13
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,Chief Risk,Compliance,Sec 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 2019-02-15 7,955 $0.00 11,399 No 4 A Direct
Common Stock Disposition 2019-02-15 3,053 $94.91 8,346 No 4 F Direct
Common Stock Disposition 2019-02-19 3,677 $94.44 4,669 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 8,864 8,864 Direct
Common Stock Restricted Stock Units -2 $0.00 32,345 32,345 Direct
Common Stock Restricted Stock Units -3 $0.00 31,437 31,437 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
8,864 8,864 Direct
32,345 32,345 Direct
31,437 31,437 Direct
Footnotes
  1. Represents shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2018 performance period, which were vested as shares of common stock on 2/15/2019.
  2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 2/15/2019.
  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 $94.15 to $94.57.
  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.