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Filing Details

Accession Number:: 0001633917-19-000222
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-12-09 18:03:49
Reporting Period:: 2019-12-05

Accepted Time:: 2019-12-09 18:03:49
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

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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	2019-12-05	10,719	$41.64	407,793	No	4	M	Direct
Common Stock	Disposition	2019-12-05	10,719	$104.73	397,074	No	4	S	Direct
Common Stock	Disposition	2019-12-05	14,900	$104.72	382,174	No	4	S	Direct
Common Stock	Disposition	2019-12-05	100	$105.43	382,074	No	4	S	Direct

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2019-12-05	10,719	$0.00	10,719	$41.64

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2022-07-17	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Performance Stock Units	$0.00	2023-04-01	379,110	379,110	Direct
Common Stock	Restricted Stock Units -10	$0.00		112,790	112,790	Direct
Common Stock	Restricted Stock Units -6	$0.00		60,646	60,646	Direct
Common Stock	Restricted Stock Units -9	$0.00		75,447	75,447	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2023-04-01	379,110	379,110	Direct
	112,790	112,790	Direct
	60,646	60,646	Direct
	75,447	75,447	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 $104.365 to $105.355.
Represents the weighted average price of shares sold at prices that ranged from $104.365 to $105.19.
The option grant is subject to a four-year vesting schedule, vesting 12.5% on 01/17/16 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. If earned, the performance stock units will, subject to certain exceptions, vest ratably on the third, fourth and fifth anniversaries of the grant date. Any performance stock unit that has not been earned and vested as of the fifth anniversary of the grant date will be forfeited.
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.
Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.