SEC Form 4 · accession 0001633917-16-000177
PayPal Holdings, Inc. · PYPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Dorman
Director
Period of report
May 25, 2016
Accepted (ET)
May 26, 2016 · 4:54 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 25, 2016 | A | 5,676 | $0.00 | A | 24,270 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person has received a fully vested stock payment award for shares of the Company common stock. Pursuant to the Company's Independent Director Compensation Policy, the reporting person has been granted a fully vested stock payment award for common stock promptly following the Company's annual meeting of stockholders. The number of shares of common stock granted represents the quotient of (A) $220,000 divided by (B) the Company's closing stock price on the date of grant, rounded up to the nearest whole share of common stock.