X0306
4
2019-02-01
0
0001633917
PayPal Holdings, Inc.
PYPL
0001547433
Rainey John D
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
CFO and EVP, Global Customer O
Common Stock
2019-02-01
4
M
0
5462
33.8
A
140844
D
Common Stock
2019-02-01
4
S
0
3462
88.7194
D
137382
D
Common Stock
2019-02-01
4
S
0
2000
89.67
D
135382
D
Common Stock
2019-02-01
4
S
0
12450
88.7265
D
122932
D
Common Stock
2019-02-01
4
S
0
15087
89.6615
D
107845
D
Non-Qualified Stock Option (right to buy)
33.8
2019-02-01
4
M
0
5462
0.0
D
2022-09-15
Common Stock
5462
12745
D
Restricted Stock Units -1
Common Stock
10923
10923
D
Restricted Stock Units -3
Common Stock
16786
16786
D
Restricted Stock Units -4
Common Stock
40430
40430
D
Restricted Stock Units -6
Common Stock
50300
50300
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
Represents the weighted average price of shares sold at prices that ranged from $88.345 to $89.32.
Represents the weighted average price of shares sold at prices that ranged from $89.37 to $89.88.
Represents the weighted average price of shares sold at prices that ranged from $88.30 to $89.22.
Represents the weighted average price of shares sold at prices that ranged from $89.30 to $89.87.
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.
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.
Not applicable.
Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
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.
By: Brian Yamasaki For: John D. Rainey
2019-02-04