John David Rainey - 01 Mar 2022 Form 4 Insider Report for PayPal Holdings, Inc. (PYPL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2022, 15:41:54 UTC
Prior SEC filing
16 Feb 2022
Next SEC filing
25 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: BRIAN YAMASAKI For: JOHN RAINEY

Key filing fact

John David Rainey filed Form 4 for PayPal Holdings, Inc. (PYPL) on 02 Mar 2022.

Key facts

  • This page summarizes John David Rainey's Form 4 filing for PayPal Holdings, Inc. (PYPL).
  • 10 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 02 Mar 2022, 15:41.

Change

  • Previous filing in this sequence was filed on 16 Feb 2022.
  • Current net transaction value: -$6,525,016.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PYPL transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+16,112
Change %
+15%
Price
$0.000000
Shares after
125,034
Date
01 Mar 2022
Ownership
Direct
PYPL transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+12,811
Change %
+10%
Price
$0.000000
Shares after
137,845
Date
01 Mar 2022
Ownership
Direct
PYPL transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+6,347
Change %
+4.6%
Price
$0.000000
Shares after
144,192
Date
01 Mar 2022
Ownership
Direct
PYPL transaction

Common Stock

Award

Transaction value
$0
Shares
+89,911
Change %
+62%
Price
$0.000000
Shares after
234,103
Date
01 Mar 2022
Ownership
Direct
Footnotes
F1
PYPL transaction

Common Stock

Tax liability

Transaction value
$1,862,647
Shares
-17,488
Change %
-7.5%
Price
$106.51
Shares after
216,615
Date
01 Mar 2022
Ownership
Direct
Footnotes
F2
PYPL transaction

Common Stock

Tax liability

Transaction value
$4,662,369
Shares
-43,774
Change %
-20%
Price
$106.51
Shares after
172,841
Date
01 Mar 2022
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PYPL transaction Derivative

Restricted Stock Units -10

Award

Transaction value
$0
Shares
+36,832
Change %
Price
$0.000000
Shares after
36,832
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,832
Exercise price
Footnotes
F4, F5, F6
PYPL transaction Derivative

Restricted Stock Units -7

Options Exercise

Transaction value
$0
Shares
-16,112
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,112
Exercise price
Footnotes
F4, F6, F7
PYPL transaction Derivative

Restricted Stock Units -8

Options Exercise

Transaction value
$0
Shares
-12,811
Change %
-50%
Price
$0.000000
Shares after
12,811
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,811
Exercise price
Footnotes
F4, F6, F7
PYPL transaction Derivative

Restricted Stock Units -9

Options Exercise

Transaction value
$0
Shares
-6,347
Change %
-33%
Price
$0.000000
Shares after
12,692
Date
01 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,347
Exercise price
Footnotes
F4, F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Represents shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2019-2021 performance period, which were vested as shares of common stock on 3/1/2022.

Footnote F2

Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.

Footnote F3

Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 3/1/2022.

Footnote F4

Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.

Footnote F5

The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. 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.

Footnote F6

Not applicable.

Footnote 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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .