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PayPal Holdings, Inc. — Director's Dealing 2018
Nov 10, 2018
29953_dirs_2018-11-09_9060665d-fce2-4785-912d-118daad61e66.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: 2018-11-07
Reporting Person: Marino Gary J (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-07 | Common Stock | M | 1009 | $35.88 | Acquired | 41309 | Direct |
| 2018-11-07 | Common Stock | S | 1009 | $85.9 | Disposed | 40300 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-07 | Non-Qualified Stock Option (right to buy) | $35.88 | M | 1009 | Disposed | 2022-04-01 | Common Stock (1009) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units -3 | $ | Common Stock (2017) | 2017 | Direct | |
| Restricted Stock Units -4 | $ | Common Stock (4034) | 4034 | Direct | |
| Restricted Stock Units -5 | $ | Common Stock (12589) | 12589 | Direct | |
| Restricted Stock Units -6 | $ | Common Stock (48517) | 48517 | Direct | |
| Restricted Stock Units -9 | $ | Common Stock (44012) | 44012 | Direct |
Footnotes
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.