Filing Details

Accession Number:
0001633917-17-000138
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-08-01 17:37:21
Reporting Period:
2017-07-31
Filing Date:
2017-08-01
Accepted Time:
2017-08-01 17:37:21
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 2017-07-31 90,000 $59.25 29,252 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 $0.00 150,558 150,558 Direct
Common Stock Restricted Stock Units -4 $0.00 32,037 32,037 Direct
Common Stock Restricted Stock Units -5 $0.00 8,068 8,068 Direct
Common Stock Restricted Stock Units -6 $0.00 37,768 37,768 Direct
Common Stock Restricted Stock Units -7 $0.00 97,035 97,035 Direct
Common Stock Restricted Stock Units -8 $0.00 388,140 388,140 Direct
Common Stock Restricted Stock Units -9 $0.00 13,986 13,986 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-04-01 32,275 32,275 Direct
150,558 150,558 Direct
32,037 32,037 Direct
8,068 8,068 Direct
37,768 37,768 Direct
97,035 97,035 Direct
388,140 388,140 Direct
13,986 13,986 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 $58.89 to $59.63.
  3. 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.
  4. 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.
  5. Not applicable.
  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. 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.
  9. 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 quarterly 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.
  10. The reporting person earned a total of 27,972 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 which vested on 3/1/17 (date of grant).