Filing Details

Accession Number:
0001633917-15-000071
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-12 19:12:04
Reporting Period:
2015-11-11
Filing Date:
2015-11-12
Accepted Time:
2015-11-12 19:12:04
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
1588691 James Barrese C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
Svp, Payment Services & Cto 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 2015-11-11 1,970 $22.98 25,779 No 4 M Direct
Common Stock Disposition 2015-11-11 1,886 $37.15 23,893 No 4 S Direct
Common Stock Disposition 2015-11-11 23,809 $37.14 84 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 Non-Qualified Stock Option (right to buy) Disposition 2015-11-11 1,970 $0.00 1,970 $22.98
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,971 2019-04-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 13 Indirect by Children
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) $34.99 2020-04-01 13,538 13,538 Direct
Common Stock Non-Qualified Stock Option (right to buy) $35.19 2021-04-01 27,918 27,918 Direct
Common Stock Non-Qualified Stock Option (right to buy) $35.88 2022-04-01 32,275 32,275 Direct
Common Stock Restricted Stock Units -1 $0.00 17,316 17,316 Direct
Common Stock Restricted Stock Units -2 $0.00 5,254 5,254 Direct
Common Stock Restricted Stock Units -3 $0.00 9,025 9,025 Direct
Common Stock Restricted Stock Units -4 $0.00 10,469 10,469 Direct
Common Stock Restricted Stock Units -5 $0.00 99,548 99,548 Direct
Common Stock Restricted Stock Units -6 $0.00 16,138 16,138 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-04-01 13,538 13,538 Direct
2021-04-01 27,918 27,918 Direct
2022-04-01 32,275 32,275 Direct
17,316 17,316 Direct
5,254 5,254 Direct
9,025 9,025 Direct
10,469 10,469 Direct
99,548 99,548 Direct
16,138 16,138 Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  2. Represents the weighted average price of shares sold at a price that ranged from $37.15 to $37.18.
  3. Represents the weighted average price of shares sold at a price that ranged from $37.02 to $37.29.
  4. Includes 13 shares held by Mr. Barrese's children. Mr. Barrese disclaims beneficial ownership of these shares.
  5. 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.
  6. 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.
  7. Not applicable.
  8. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
  9. The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary, and 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.