SEC Form 4 · accession 0001633917-17-000008

PayPal Holdings, Inc. · PYPL

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

Reporting owner

Officer — EVP, Chief Commercial Officer

Period of report

Jan 3, 2017

Accepted (ET)

Jan 5, 2017 · 5:38 pm EST

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	Jan 3, 2017	M	376	$34.99	A	44,505	D
Common Stock^F1	Jan 3, 2017	S	376	$40.29	D	44,129	D
Common Stock	Jan 3, 2017	M	342	$35.20	A	44,471	D
Common Stock^F1	Jan 3, 2017	S	342	$40.29	D	44,129	D
Common Stock	Jan 3, 2017	M	336	$35.88	A	44,465	D
Common Stock^F1	Jan 3, 2017	S	336	$40.29	D	44,129	D
Common Stock	Jan 3, 2017	M	672	$35.88	A	44,801	D
Common Stock^F1	Jan 3, 2017	S	672	$40.29	D	44,129	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F2	$34.99	Jan 3, 2017	M	376	D	—	Apr 1, 2020	Common Stock	376	1,129	D
Non-Qualified Stock Option (right to buy)^F2	$35.20	Jan 3, 2017	M	342	D	—	Apr 1, 2021	Common Stock	342	5,132	D
Non-Qualified Stock Option (right to buy)^F3,F2	$35.88	Jan 3, 2017	M	336	D	—	Apr 1, 2022	Common Stock	336	27,905	D
Non-Qualified Stock Option (right to buy)^F3,F2	$35.88	Jan 3, 2017	M	672	D	—	Apr 1, 2022	Common Stock	672	27,233	D
Restricted Stock Units -1^F6,F4,F5	—	holding	—	—	—	—	—	Common Stock	2,256	2,256	D
Restricted Stock Units -2^F6,F4,F5	—	holding	—	—	—	—	—	Common Stock	4,104	4,104	D
Restricted Stock Units -3^F6,F4,F5	—	holding	—	—	—	—	—	Common Stock	6,052	6,052	D
Restricted Stock Units -4^F6,F4,F5	—	holding	—	—	—	—	—	Common Stock	12,103	12,103	D
Restricted Stock Units -5^F6,F7,F5	—	holding	—	—	—	—	—	Common Stock	37,770	37,770	D

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2The 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.
F3Total represents an aggregate amount of 27,233 shares beneficially held after both exercises are reflected.
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.
F6Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F7The 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.