SEC Form 4 · accession 0001633917-18-000098

PayPal Holdings, Inc. · PYPL

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

Reporting owner

Jonathan Auerbach

Officer — EVP, CHF Strat, GR & DTA OFC

Period of report

Apr 27, 2018

Accepted (ET)

May 1, 2018 · 4:29 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^F1,F2	Apr 27, 2018	S	7,455	$74.2091	D	92,141	D
Common Stock^F1,F3	Apr 27, 2018	S	4,685	$75.0561	D	87,456	D
Common Stock^F1,F4	Apr 27, 2018	S	1,000	$76.024	D	86,456	D
Common Stock^F1,F5	Apr 27, 2018	S	1,557	$74.2034	D	84,899	D
Common Stock^F1,F6	Apr 27, 2018	S	600	$74.9767	D	84,299	D
Common Stock^F1,F7	Apr 27, 2018	S	300	$76.05	D	83,999	D
Common Stock^F1,F8	Apr 27, 2018	S	2,074	$74.2387	D	81,925	D
Common Stock^F1,F9	Apr 27, 2018	S	1,084	$75.0319	D	80,841	D
Common Stock^F1,F10	Apr 27, 2018	S	300	$76.0633	D	80,541	D
Common Stock^F1,F11	Apr 27, 2018	S	712	$74.1955	D	79,829	D
Common Stock^F1,F12	Apr 27, 2018	S	475	$75.1595	D	79,354	D

Table II — derivative securities

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)^F13	$37.31	holding	—	—	—	—	May 15, 2022	Common Stock	81,498	81,498	D
Restricted Stock Units -1^F16,F14,F15	—	holding	—	—	—	—	—	Common Stock	20,374	20,374	D
Restricted Stock Units -2^F16,F14,F15	—	holding	—	—	—	—	—	Common Stock	54,332	54,332	D
Restricted Stock Units -3^F16,F17,F15	—	holding	—	—	—	—	—	Common Stock	10,491	10,491	D
Restricted Stock Units -4^F16,F17,F15	—	holding	—	—	—	—	—	Common Stock	24,259	24,259	D
Restricted Stock Units -6^F16,F17,F15	—	holding	—	—	—	—	—	Common Stock	25,150	25,150	D

Explanation of responses

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F10Represents the weighted average price of shares sold at prices that ranged from $75.81 to $76.19.
F11Represents the weighted average price of shares sold at prices that ranged from $73.74 to $74.48.
F12Represents the weighted average price of shares sold at prices that ranged from $74.80 to $75.65.
F13Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
F14The 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.
F15Not applicable.
F16Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F17The 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.
F2Represents the weighted average price of shares sold at prices that ranged from $73.68 to $74.62.
F3Represents the weighted average price of shares sold at prices that ranged from $74.71 to $75.70.
F4Represents the weighted average price of shares sold at prices that ranged from $75.76 to $76.21.
F5Represents the weighted average price of shares sold at prices that ranged from $73.65 to $74.59.
F6Represents the weighted average price of shares sold at prices that ranged from $74.74 to $75.25.
F7Represents the weighted average price of shares sold at prices that ranged from $75.77 to $76.19.
F8Represents the weighted average price of shares sold at prices that ranged from $73.72 to $74.61.
F9Represents the weighted average price of shares sold at prices that ranged from $74.77 to $75.51.