0001633917-16-000217.txt : 20160919
0001633917-16-000217.hdr.sgml : 20160919
20160919173321
ACCESSION NUMBER: 0001633917-16-000217
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160915
FILED AS OF DATE: 20160919
DATE AS OF CHANGE: 20160919
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PayPal Holdings, Inc.
CENTRAL INDEX KEY: 0001633917
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 492989869
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2211 NORTH FIRST STREET
CITY: SAN JOSE
STATE: CA
ZIP: 95131
BUSINESS PHONE: (408) 967-7400
MAIL ADDRESS:
STREET 1: 2211 NORTH FIRST STREET
CITY: SAN JOSE
STATE: CA
ZIP: 95131
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rainey John D
CENTRAL INDEX KEY: 0001547433
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36859
FILM NUMBER: 161892577
MAIL ADDRESS:
STREET 1: 233 SOUTH WACKER DRIVE
CITY: CHICAGO
STATE: IL
ZIP: 60606
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2016-09-15
0
0001633917
PayPal Holdings, Inc.
PYPL
0001547433
Rainey John D
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
SVP, Chief Financial Officer
Common Stock
2016-09-15
4
M
0
10924.0
0.0
A
10924
D
Common Stock
2016-09-15
4
M
0
43696.0
0.0
A
54620
D
Common Stock
2016-09-15
4
F
0
25789.0
40.83
D
28831
D
Restricted Stock Units -1
2016-09-15
4
M
0
10924.0
0.0
D
Common Stock
10924
32771
D
Restricted Stock Units -2
2016-09-15
4
M
0
43696.0
0.0
D
Common Stock
43696
87389
D
Non-Qualified Stock Option (right to buy)
33.8
2022-09-15
Common Stock
87390
87390
D
Restricted Stock Units -3
Common Stock
50359
50359
D
Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 54,620 shares of restricted stock granted to the Reporting Person on September 15, 2015.
Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
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.
Not applicable.
Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
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.
By: Russell S. Elmer For: John D. Rainey
2016-09-19