SEC Form 4 · accession 0001633917-18-000207

PayPal Holdings, Inc. · PYPL

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

Reporting owner

Jonathan Auerbach

Officer — EVP, Chief Strategy & Growth

Period of report

Oct 26, 2018

Accepted (ET)

Oct 30, 2018 · 7:11 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	Oct 26, 2018	S	209	$82.7845	D	97,433	D
Common Stock^F1,F3	Oct 26, 2018	S	618	$83.6792	D	96,815	D
Common Stock^F1,F4	Oct 26, 2018	S	200	$85.315	D	96,615	D
Common Stock^F1,F5	Oct 26, 2018	S	697	$83.3691	D	95,918	D
Common Stock^F1,F6	Oct 26, 2018	S	200	$84.54	D	95,718	D
Common Stock^F1,F7	Oct 26, 2018	S	100	$85.39	D	95,618	D
Common Stock^F1,F8	Oct 26, 2018	S	1,000	$83.072	D	94,618	D
Common Stock^F1,F9	Oct 26, 2018	S	1,060	$83.873	D	93,558	D
Common Stock^F1,F10	Oct 26, 2018	S	600	$84.91	D	92,958	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)^F11	$37.31	holding	—	—	—	—	May 15, 2022	Common Stock	81,498	81,498	D
Restricted Stock Units -1^F14,F12,F13	—	holding	—	—	—	—	—	Common Stock	10,187	10,187	D
Restricted Stock Units -2^F14,F12,F13	—	holding	—	—	—	—	—	Common Stock	27,166	27,166	D
Restricted Stock Units -3^F14,F15,F13	—	holding	—	—	—	—	—	Common Stock	10,491	10,491	D
Restricted Stock Units -4^F14,F15,F13	—	holding	—	—	—	—	—	Common Stock	24,259	24,259	D
Restricted Stock Units -6^F14,F15,F13	—	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 $84.51 to $85.49.
F11Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
F12The 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.
F13Not applicable.
F14Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F15The 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 $82.33 to $83.27.
F3Represents the weighted average price of shares sold at prices that ranged from $83.34 to $84.11.
F4Represents the weighted average price of shares sold at prices that ranged from $85.08 to $85.55.
F5Represents the weighted average price of shares sold at prices that ranged from $82.72 to $83.58.
F6Represents the weighted average price of shares sold at prices that ranged from $84.15 to $84.93.
F7Represents the weighted average price of shares sold at prices that ranged from $85.39 to $85.39.
F8Represents the weighted average price of shares sold at prices that ranged from $82.44 to $83.34.
F9Represents the weighted average price of shares sold at prices that ranged from $83.47 to $84.43.