Filing Details

Accession Number:
0001633917-18-000043
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-20 17:47:02
Reporting Period:
2018-02-15
Accepted Time:
2018-02-20 17:47:02
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 Acquisiton 2018-02-15 21,216 $0.00 67,261 No 4 A Direct
Common Stock Disposition 2018-02-15 8,620 $78.30 58,641 No 4 F Direct
Common Stock Disposition 2018-02-16 5,734 $77.88 52,907 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F 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) $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. AIP share footnote: The reporting person earned 21,216 shares in respect of performance-based restricted stock unit units (PBRSUs) based on the company's achievement of certain performance targets for the 2017 performance period, which were vested as shares of common stock on 2/15/18.
  2. Tax withholding footnote: Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of 21,216 shares of common stock underlying PBRSUs on 2/15/18 (see footnote 1).
  3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  4. Represents the weighted average price of shares sold at prices that ranged from $77.57 to $78.17.
  5. Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly 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 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 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.