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PayPal Holdings, Inc. — Director's Dealing 2016
Jul 19, 2016
29953_dirs_2016-07-19_0b881a5d-8291-41aa-b96e-734b909acbea.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PayPal Holdings, Inc. (PYPL)
CIK: 0001633917
Period of Report: 2016-07-15
Reporting Person: Anderson Aaron (VP, Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-15 | Common Stock | M | 1964.0 | $0.0 | Acquired | 11221 | Direct |
| 2016-07-15 | Common Stock | M | 3534.0 | $0.0 | Acquired | 14755 | Direct |
| 2016-07-15 | Common Stock | F | 2068.0 | $39.09 | Disposed | 12687 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-15 | Restricted Stock Units -1 | $ | M | 1964.0 | Disposed | Common Stock (1964) | Direct | |
| 2016-07-15 | Restricted Stock Units -2 | $ | M | 3534.0 | Disposed | Common Stock (3534) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units -3 | $ | Common Stock (21613) | 21613 | Direct | |
| Restricted Stock Units -4 | $ | Common Stock (6052) | 6052 | Direct | |
| Restricted Stock Units -5 | $ | Common Stock (5666) | 5666 | Direct |
Footnotes
F1: Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 5,498 shares of restricted stock granted to the Reporting Person on 07/15/14.
F2: Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
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: The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary, and 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.