SEC Form 4 · accession 0001633917-15-000035

PayPal Holdings, Inc. · PYPL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Hill Ferguson

Officer — SVP, Consumer

Period of report

Sep 9, 2015

Accepted (ET)

Sep 10, 2015 · 9:07 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001633917

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Sep 9, 2015	M	1,035	$0.00	A	25,931	D
Common Stock^F1	Sep 9, 2015	F	541	$34.37	D	25,390	D
Common Stock	Sep 9, 2015	M	7,961	$0.00	A	33,351	D
Common Stock^F2	Sep 9, 2015	F	4,155	$34.37	D	29,196	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units -1^F3,F4,F5	—	Sep 9, 2015	M	1,035	D	—	—	Common Stock	1,035	0	D
Restricted Stock Units -2^F3,F4,F5	—	Sep 9, 2015	M	7,961	D	—	—	Common Stock	7,961	0	D
Non-Qualified Stock Option (right to buy)^F6	$17.87	holding	—	—	—	—	Sep 9, 2018	Common Stock	8,280	8,280	D
Non-Qualified Stock Option (right to buy)^F7	$22.68	holding	—	—	—	—	Apr 13, 2019	Common Stock	7,484	7,484	D
Non-Qualified Stock Option (right to buy)^F7	$34.99	holding	—	—	—	—	Apr 1, 2020	Common Stock	9,025	9,025	D
Non-Qualified Stock Option (right to buy)^F7	$35.19	holding	—	—	—	—	Apr 1, 2021	Common Stock	27,918	27,918	D
Non-Qualified Stock Option (right to buy)^F7	$35.88	holding	—	—	—	—	Apr 1, 2022	Common Stock	32,275	32,275	D
Restricted Stock Units - 11^F3,F4,F5	—	holding	—	—	—	—	—	Common Stock	16,138	16,138	D
Restricted Stock Units -10^F3,F8,F5	—	holding	—	—	—	—	—	Common Stock	99,548	99,548	D
Restricted Stock Units -3^F3,F4,F5	—	holding	—	—	—	—	—	Common Stock	5,374	5,374	D
Restricted Stock Units -4^F3,F4,F5	—	holding	—	—	—	—	—	Common Stock	1,611	1,611	D
Restricted Stock Units -5^F3,F4,F5	—	holding	—	—	—	—	—	Common Stock	855	855	D
Restricted Stock Units -6^F3,F4,F5	—	holding	—	—	—	—	—	Common Stock	33,509	33,509	D
Restricted Stock Units -7^F3,F4,F5	—	holding	—	—	—	—	—	Common Stock	6,015	6,015	D
Restricted Stock Units -8^F3,F4,F5	—	holding	—	—	—	—	—	Common Stock	3,759	3,759	D
Restricted Stock Units -9^F3,F4,F5	—	holding	—	—	—	—	—	Common Stock	10,469	10,469	D

Explanation of responses

F1Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 1,035 shares of restricted stock granted to the Reporting Person on 09/09/11.
F2Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 7,961 shares of restricted stock granted to the Reporting Person on 09/09/11.
F3Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F4The 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.
F5Not applicable.
F6Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
F7The option grant is subject to a four-year vesting schedule, vesting 12.5% on the 6 month anniversary of the original eBay grant and 1/48th per month thereafter.
F8The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary, and 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.