Filing Details

Accession Number:
0001633917-20-000067
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-03 18:29:31
Reporting Period:
2020-03-01
Accepted Time:
2020-03-03 18:29:31
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
1547433 D John Rainey C/O Paypal Holdings, Inc.
2211 North First Street
San Jose CA 95131
Cfo And Evp, Global Cust Off 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 2020-03-01 121,294 $0.00 229,139 No 4 A Direct
Common Stock Disposition 2020-03-01 60,138 $107.99 169,001 No 4 F Direct
Common Stock Acquisiton 2020-03-01 20,215 $0.00 189,216 No 4 M Direct
Common Stock Acquisiton 2020-03-01 16,766 $0.00 205,982 No 4 M Direct
Common Stock Acquisiton 2020-03-01 16,114 $0.00 222,096 No 4 M Direct
Common Stock Disposition 2020-03-01 26,326 $107.99 195,770 No 4 F Direct
Common Stock Disposition 2020-03-02 87,925 $107.48 107,845 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units -4 Disposition 2020-03-01 20,215 $0.00 20,215 $0.00
Common Stock Restricted Stock Units -6 Disposition 2020-03-01 16,766 $0.00 16,766 $0.00
Common Stock Restricted Stock Units -7 Disposition 2020-03-01 16,114 $0.00 16,114 $0.00
Common Stock Restricted Stock Units -8 Acquisiton 2020-03-01 38,434 $0.00 38,434 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
16,766 No 4 M Direct
32,225 No 4 M Direct
38,434 No 4 A 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 2017-2019 performance period, which were vested as shares of common stock on 3/1/2020.
  2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 3/1/2020.
  3. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
  4. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
  5. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
  6. 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.
  7. Not applicable.