Filing Details
- Accession Number:
- 0001633917-19-000078
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-03-05 21:26:43
- Reporting Period:
- 2019-03-01
- Accepted Time:
- 2019-03-05 21:26:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1643724 | Louise Adele Pentland | C/O Paypal Holdings, Inc. 2211 North First Street San Jose CA 95131 | Evp, Chief Bus. Aff. & Legal O | 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 | 2019-03-01 | 109,828 | $0.00 | 162,735 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2019-03-01 | 20,215 | $0.00 | 182,950 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2019-03-01 | 16,768 | $0.00 | 199,718 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-03-01 | 72,790 | $98.80 | 126,928 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2019-03-04 | 19,848 | $95.75 | 107,080 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-03-04 | 24,393 | $97.07 | 82,687 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-03-04 | 28,280 | $97.95 | 54,407 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-03-04 | 1,500 | $98.44 | 52,907 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units -4 | Disposition | 2019-03-01 | 20,215 | $0.00 | 20,215 | $0.00 |
| Common Stock | Restricted Stock Units -6 | Disposition | 2019-03-01 | 16,768 | $0.00 | 16,768 | $0.00 |
| Common Stock | Restricted Stock Units -7 | Acquisiton | 2019-03-01 | 48,339 | $0.00 | 48,339 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 20,215 | No | 4 | M | Direct | ||
| 33,532 | No | 4 | M | Direct | ||
| 48,339 | No | 4 | A | 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) | $37.31 | 2022-05-15 | 3,057 | 3,057 | Direct | |
| Common Stock | Restricted Stock Units -1 | $0.00 | 6,112 | 6,112 | Direct | ||
| Common Stock | Restricted Stock Units -2 | $0.00 | 27,166 | 27,166 | Direct | ||
| Common Stock | Restricted Stock Units -3 | $0.00 | 16,786 | 16,786 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-05-15 | 3,057 | 3,057 | Direct |
| 6,112 | 6,112 | Direct | |
| 27,166 | 27,166 | Direct | |
| 16,786 | 16,786 | Direct |
Footnotes
- Represents shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2016-2018 performance period, which were vested as shares of common stock on 3/1/2019.
- 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- Represents the weighted average price of shares sold that ranged from $95.39 to $96.38.
- Represents the weighted average price of shares sold that ranged from $96.40 to $97.39.
- Represents the weighted average price of shares sold that ranged from $97.40 to $98.38.
- Represents the weighted average price of shares sold that ranged from $98.40 to $98.49.
- 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.
- Not applicable.
- The option grant is subject to a four-year vesting schedule, vesting 12.5% on the 6 month anniversary of the grant and 1/48th per month 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.
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