Filing Details

Accession Number:
0001633917-19-000057
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-20 18:58:26
Reporting Period:
2019-02-15
Accepted Time:
2019-02-20 18:58:26
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, Chief Bus. Affairs 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 2019-02-15 9,178 $0.00 62,085 No 4 A Direct
Common Stock Disposition 2019-02-15 3,221 $94.91 58,864 No 4 F Direct
Common Stock Disposition 2019-02-19 5,957 $94.45 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) $37.31 2022-05-15 3,057 3,057 Direct
Common Stock Restricted Stock Units -1 $0.00 6,112 6,112 Direct
Common Stock Restricted Stock Units -2 $0.00 27,166 27,166 Direct
Common Stock Restricted Stock Units -3 $0.00 16,786 16,786 Direct
Common Stock Restricted Stock Units -4 $0.00 40,430 40,430 Direct
Common Stock Restricted Stock Units -6 $0.00 50,300 50,300 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-05-15 3,057 3,057 Direct
6,112 6,112 Direct
27,166 27,166 Direct
16,786 16,786 Direct
40,430 40,430 Direct
50,300 50,300 Direct
Footnotes
  1. Represents shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2018 performance period, which were vested as shares of common stock on 2/15/2019.
  2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 2/15/2019.
  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 $94.15 to $94.70.
  5. 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.
  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.