Filing Details

Accession Number:
0001633917-16-000249
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-02 18:32:48
Reporting Period:
2016-10-31
Filing Date:
2016-11-02
Accepted Time:
2016-11-02 18:32:48
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
1643573 J William Ready C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
Evp, Chief Operating Officer 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 Disposition 2016-10-31 40,600 $41.72 59,999 No 4 S Direct
Common Stock Disposition 2016-10-31 9,400 $41.70 50,599 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S 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) $35.88 2022-04-01 32,275 32,275 Direct
Common Stock Restricted Stock Units -3 $0.00 376,397 376,397 Direct
Common Stock Restricted Stock Units -4 $0.00 80,097 80,097 Direct
Common Stock Restricted Stock Units -5 $0.00 12,103 12,103 Direct
Common Stock Restricted Stock Units -6 $0.00 56,654 56,654 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-04-01 32,275 32,275 Direct
376,397 376,397 Direct
80,097 80,097 Direct
12,103 12,103 Direct
56,654 56,654 Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  2. 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.
  3. The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 20% on the second year anniversary date of the restricted stock unit and 3.33% monthly 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.
  4. Not applicable.
  5. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
  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. 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.