Filing Details

Accession Number:
0001633917-17-000058
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-04-04 19:08:44
Reporting Period:
2017-04-01
Filing Date:
2017-04-04
Accepted Time:
2017-04-04 19:08:44
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
1644073 J Gary Marino C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
Evp, Chief Commercial 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 Acquisiton 2017-04-01 2,256 $0.00 39,405 No 4 M Direct
Common Stock Acquisiton 2017-04-01 2,052 $0.00 41,457 No 4 M Direct
Common Stock Acquisiton 2017-04-01 2,018 $0.00 43,475 No 4 M Direct
Common Stock Acquisiton 2017-04-01 4,035 $0.00 47,510 No 4 M Direct
Common Stock Acquisiton 2017-04-01 12,591 $0.00 60,101 No 4 M Direct
Common Stock Disposition 2017-04-01 11,144 $43.02 48,957 No 4 F Direct
Common Stock Acquisiton 2017-04-03 377 $34.99 49,334 No 4 M Direct
Common Stock Disposition 2017-04-03 377 $43.20 48,957 No 4 S Direct
Common Stock Acquisiton 2017-04-03 342 $35.20 49,299 No 4 M Direct
Common Stock Disposition 2017-04-03 342 $43.20 48,957 No 4 S Direct
Common Stock Acquisiton 2017-04-03 336 $35.88 49,293 No 4 M Direct
Common Stock Disposition 2017-04-03 336 $43.20 48,957 No 4 S Direct
Common Stock Acquisiton 2017-04-03 672 $35.88 49,629 No 4 M Direct
Common Stock Disposition 2017-04-03 672 $43.20 48,957 No 4 S Direct
Common Stock Disposition 2017-04-04 11,808 $42.43 37,149 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
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 2017-04-03 377 $0.00 377 $34.99
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2017-04-03 342 $0.00 342 $35.20
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2017-04-03 336 $0.00 336 $35.88
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2017-04-03 672 $0.00 672 $35.88
Common Stock Restricted Stock Units -1 Disposition 2017-04-01 2,256 $0.00 2,256 $0.00
Common Stock Restricted Stock Units -2 Disposition 2017-04-01 2,052 $0.00 2,052 $0.00
Common Stock Restricted Stock Units -3 Disposition 2017-04-01 2,018 $0.00 2,018 $0.00
Common Stock Restricted Stock Units -4 Disposition 2017-04-01 4,035 $0.00 4,035 $0.00
Common Stock Restricted Stock Units -5 Disposition 2017-04-01 12,591 $0.00 12,591 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-04-01 No 4 M Direct
4,106 2021-04-01 No 4 M Direct
24,880 2022-04-01 No 4 M Direct
24,208 2022-04-01 No 4 M Direct
0 No 4 M Direct
2,052 No 4 M Direct
4,034 No 4 M Direct
8,068 No 4 M Direct
25,179 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units -6 $0.00 72,777 72,777 Direct
Common Stock Restricted Stock Units -7 $0.00 6,993 6,993 Direct
Common Stock Restricted Stock Units -8 $0.00 13,986 13,986 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
72,777 72,777 Direct
6,993 6,993 Direct
13,986 13,986 Direct
Footnotes
  1. Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of (a) 2,256 shares of restricted stock granted to the Reporting Person on 04/01/13, (b) 2,052 shares of restricted stock granted to the Reporting Person on 04/01/14, (c) 2,018 shares of restricted stock granted to the Reporting Person on 04/01/15, (d) 4,035 shares of restricted stock granted to the Reporting Person on 04/01/15, and (e) 12,591 shares of restricted stock granted to the Reporting Person on 04/01/16.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  3. Represents the weighted average price of shares sold at prices that ranged from $42.27 to $42.54.
  4. 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.
  5. Total represents an aggregate amount of 24,208 shares beneficially held after both exercises are reflected.
  6. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
  7. 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.
  8. Not applicable.
  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 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.
  10. The reporting person earned 41,959 shares in respect of performance-based restricted stock units (PBRSUs) for the 2015-2016 performance period, which were granted to the reporting person as restricted stock units on 3/1/17. Amount represents 50% of the shares subject to such restricted stock units vesting on the first anniversary of the date of grant.