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PayPal Holdings, Inc. — Director's Dealing 2019
Feb 23, 2019
29953_dirs_2019-02-22_220e01ee-7656-4f8b-bb52-a8bc6035dfda.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: 2019-02-20
Reporting Person: Auerbach Jonathan (EVP, Chief Strategy & Growth O)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-20 | Common Stock | S | 21055 | $94.5451 | Disposed | 76775 | Direct |
| 2019-02-20 | Common Stock | S | 15283 | $95.4718 | Disposed | 61492 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $37.31 | 2022-05-15 | Common Stock (81498) | 81498 | Direct |
| Restricted Stock Units -1 | $ | Common Stock (10187) | 10187 | Direct | |
| Restricted Stock Units -2 | $ | Common Stock (27166) | 27166 | Direct | |
| Restricted Stock Units -3 | $ | Common Stock (10491) | 10491 | Direct | |
| Restricted Stock Units -4 | $ | Common Stock (24259) | 24259 | Direct | |
| Restricted Stock Units -6 | $ | Common Stock (25150) | 25150 | Direct |
Footnotes
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 $94.09 to $95.08.
F3: Represents the weighted average price of shares sold at prices that ranged from $95.15 to $95.72.
F4: Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
F5: 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.
F6: Not applicable.
F7: Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
F8: 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.