SEC Form 4 · accession 0001633917-19-000012
PayPal Holdings, Inc. · PYPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Moffett
Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 8:00 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 2, 2019 | A | 1,400 | $0.00 | A | 71,112 | 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 director compensation policy, the reporting person has elected to receive common stock in lieu of the annual retainer fees payable for services on the Company's Board of Directors and any committees thereof. The number of shares of common stock awarded represent the quotient of (A) such retainer fees divided by (B) the Company's closing stock price on the date awarded, rounded up to the nearest whole share of common stock.
Remarks
The reporting person has elected to defer receipt of this fully vested stock payment award under the PayPal Holdings, Inc. Deferred Compensation Plan, as amended and restated, to be filed with the registrant's Annual Report on Form 10-K for the Fiscal Year Ending 12/31/2018.