Accession Number: | 0001633917-19-000194 |
Date: | 2019-08-26 |
Issuer: | PAYPAL HOLDINGS, INC. (PYPL) |
Original Submission Date: |
RAINEY JOHN D
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE, CA 95131
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-08-26 | M | 7,283 | a | $33.80 | 115,128 | direct | ||
COMMON STOCK | 2019-08-26 | S | 7,283 | d | $107.23 | 107,845 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 33.8 | 2019-08-26 | deemed execution date | M | 7,283 (d) | 2022-09-15 | common stock 7,283 | $33.80 | 0 | direct | ||
RESTRICTED STOCK UNITS -1 | 0.0 | deemed execution date | 0 ( ) | common stock 10,923 | $0.00 | 10,923 | direct | |||||
RESTRICTED STOCK UNITS -4 | 0.0 | deemed execution date | 0 ( ) | common stock 20,215 | $0.00 | 20,215 | direct | |||||
RESTRICTED STOCK UNITS -6 | 0.0 | deemed execution date | 0 ( ) | common stock 33,532 | $0.00 | 33,532 | direct | |||||
RESTRICTED STOCK UNITS -7 | 0.0 | deemed execution date | 0 ( ) | common stock 48,339 | $0.00 | 48,339 | direct |
ID | footnote |
---|---|
f1 | the sales reported in this form 4 were effected pursuant to a rule 10b5-1 trading plan. |
f2 | represents the weighted average price of shares sold at prices that ranged from $107.01 to $107.23. |
f3 | options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter. |
f4 | the 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. |
f5 | not applicable. |
f6 | each restricted stock unit represents a contingent right to receive one share of paypal's common stock. |
f7 | the 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. |