4//SEC Filing
Marino Gary J 4
Accession 0001633917-18-000221
CIK 0001633917other
Filed
Nov 8, 7:00 PM ET
Accepted
Nov 9, 7:18 PM ET
Size
15.2 KB
Accession
0001633917-18-000221
Insider Transaction Report
Form 4
Marino Gary J
SVP, Global Credit & Americas
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2018-11-07−1,009→ 5,044 totalExercise: $35.88Exp: 2022-04-01→ Common Stock (1,009 underlying) - Exercise/Conversion
Common Stock
2018-11-07$35.88/sh+1,009$36,203→ 41,309 total - Sale
Common Stock
2018-11-07$85.90/sh−1,009$86,673→ 40,300 total
Holdings
- 4,034
Restricted Stock Units -4
→ Common Stock (4,034 underlying) - 12,589
Restricted Stock Units -5
→ Common Stock (12,589 underlying) - 44,012
Restricted Stock Units -9
→ Common Stock (44,012 underlying) - 2,017
Restricted Stock Units -3
→ Common Stock (2,017 underlying) - 48,517
Restricted Stock Units -6
→ Common Stock (48,517 underlying)
Footnotes (6)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- [F2]The 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.
- [F3]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.
- [F4]Not applicable.
- [F5]Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
- [F6]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.
Documents
Issuer
PayPal Holdings, Inc.
CIK 0001633917
Entity typeother
Related Parties
1- filerCIK 0001644073
Filing Metadata
- Form type
- 4
- Filed
- Nov 8, 7:00 PM ET
- Accepted
- Nov 9, 7:18 PM ET
- Size
- 15.2 KB