Filing Details

Accession Number:
0001633917-18-000140
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-06-04 17:16:57
Reporting Period:
2018-05-31
Accepted Time:
2018-06-04 17:16:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1633917 Paypal Holdings Inc. PYPL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1215315 H Daniel Schulman C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
President And Ceo Yes 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 2018-05-31 11,000 $82.21 353,297 No 4 S Direct
Common Stock Acquisiton 2018-05-31 15,000 $31.56 368,297 No 4 M Direct
Common Stock Disposition 2018-05-31 13,447 $82.15 354,850 No 4 S Direct
Common Stock Disposition 2018-05-31 1,553 $82.68 353,297 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2018-05-31 15,000 $0.00 15,000 $31.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
101,764 2021-10-15 No 4 M 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 2022-04-01 145,234 145,234 Direct
Common Stock Non-Qualified Stock Option (right to buy) $41.64 2022-07-17 30,485 30,485 Direct
Common Stock Performance Stock Units $0.00 2023-04-01 379,110 379,110 Direct
Common Stock Restricted Stock Units -1 $0.00 33,701 33,701 Direct
Common Stock Restricted Stock Units -3 $0.00 18,154 18,154 Direct
Common Stock Restricted Stock Units -4 $0.00 7,621 7,621 Direct
Common Stock Restricted Stock Units -5 $0.00 54,555 54,555 Direct
Common Stock Restricted Stock Units -6 $0.00 121,292 121,292 Direct
Common Stock Restricted Stock Units -9 $0.00 113,173 113,173 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-04-01 145,234 145,234 Direct
2022-07-17 30,485 30,485 Direct
2023-04-01 379,110 379,110 Direct
33,701 33,701 Direct
18,154 18,154 Direct
7,621 7,621 Direct
54,555 54,555 Direct
121,292 121,292 Direct
113,173 113,173 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 $81.83 to $82.80.
  3. Represents the weighted average price of shares sold at prices that ranged from $81.59 to $82.58.
  4. Represents the weighted average price of shares sold at prices that ranged from $82.595 to $82.81.
  5. The option grant is subject to a four-year vesting schedule, vesting 25% on 9/30/15 and 1/48th per month thereafter.
  6. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
  7. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 01/17/16 and 1/48th per month thereafter.
  8. Each performance stock unit represents a contingent right to receive one share of PayPal's common stock. One-half of the performance stock units are earned upon PayPal common stock achieving an average closing price per share of $105 or higher for 90 consecutive trading days during the five-year performance period. The other one-half of the performance stock units are earned upon PayPal common stock achieving an average closing price per share of $125 or higher for 90 consecutive trading days during the five-year performance period. If earned, the performance stock units will, subject to certain exceptions, vest ratably on the third, fourth and fifth anniversaries of the grant date. Any performance stock unit that has not been earned and vested as of the fifth anniversary of the grant date will be forfeited.
  9. The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 10/15/15 and 25% each 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. Not applicable.
  11. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
  12. The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/16 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.
  13. The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 07/17/16 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.
  14. 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.