Filing Details
- Accession Number:
- 0001633917-19-000130
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-05-17 20:42:43
- Reporting Period:
- 2019-05-15
- Accepted Time:
- 2019-05-17 20:42:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1643693 | Jonathan Auerbach | C/O Paypal Holdings, Inc. 2211 North First Street San Jose CA 95131 | Evp, Chief Strategy & Growth | 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 | 2019-05-15 | 10,187 | $0.00 | 120,470 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2019-05-15 | 27,166 | $0.00 | 147,636 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-05-15 | 19,065 | $111.50 | 128,571 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2019-05-16 | 533 | $111.73 | 128,038 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-05-16 | 690 | $112.96 | 127,348 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-05-16 | 7,161 | $114.01 | 120,187 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2019-05-16 | 346 | $114.49 | 119,841 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 -1 | Disposition | 2019-05-15 | 10,187 | $0.00 | 10,187 | $0.00 |
| Common Stock | Restricted Stock Units -2 | Disposition | 2019-05-15 | 27,166 | $0.00 | 27,166 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | 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) | $37.31 | 2022-05-15 | 81,498 | 81,498 | Direct | |
| Common Stock | Restricted Stock Units -4 | $0.00 | 12,129 | 12,129 | Direct | ||
| Common Stock | Restricted Stock Units -6 | $0.00 | 16,766 | 16,766 | Direct | ||
| Common Stock | Restricted Stock Units -7 | $0.00 | 32,226 | 32,226 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-05-15 | 81,498 | 81,498 | Direct |
| 12,129 | 12,129 | Direct | |
| 16,766 | 16,766 | Direct | |
| 32,226 | 32,226 | Direct |
Footnotes
- 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 at prices that ranged from $111.33 to $112.31.
- Represents the weighted average price of shares sold at prices that ranged from $112.39 to $113.36.
- Represents the weighted average price of shares sold at prices that ranged from $113.42 to $114.41.
- Represents the weighted average price of shares sold at prices that ranged from $114.42 to $114.58.
- 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 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.
- Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
- 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.
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