Filing Details

Accession Number:
0001633917-18-000023
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-06 16:29:08
Reporting Period:
2018-02-02
Accepted Time:
2018-02-06 16:29:08
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
1643724 Louise Adele Pentland C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
Evp, Chf Bus. Aff. & Legal Ofc 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 2018-02-02 6,000 $78.11 46,045 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) $0.00 2022-05-15 48,899 48,899 Direct
Common Stock Restricted Stock Units -1 $0.00 12,224 12,224 Direct
Common Stock Restricted Stock Units -2 $0.00 54,332 54,332 Direct
Common Stock Restricted Stock Units -3 $0.00 33,572 33,572 Direct
Common Stock Restricted Stock Units -4 $0.00 60,647 60,647 Direct
Common Stock Restricted Stock Units -5 $0.00 21,190 21,190 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-05-15 48,899 48,899 Direct
12,224 12,224 Direct
54,332 54,332 Direct
33,572 33,572 Direct
60,647 60,647 Direct
21,190 21,190 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 prices that ranged from $77.73 to $78.51.
  3. Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
  4. 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.
  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 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.
  8. The reporting person earned a total of 42,380 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.