0001633917-16-000134.txt : 20160405
0001633917-16-000134.hdr.sgml : 20160405
20160405195053
ACCESSION NUMBER: 0001633917-16-000134
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160401
FILED AS OF DATE: 20160405
DATE AS OF CHANGE: 20160405
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: Barrese James
CENTRAL INDEX KEY: 0001588691
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36859
FILM NUMBER: 161556237
MAIL ADDRESS:
STREET 1: C/O MARIN SOFTWARE INCORPORATED
STREET 2: 123 MISSION STREET, 25TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2016-04-01
1
0001633917
PayPal Holdings, Inc.
PYPL
0001588691
Barrese James
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
SVP, Payment Services and CTO
Common Stock
2016-04-01
4
M
0
17316.0
0.0
A
36671
D
Common Stock
2016-04-01
4
M
0
5254.0
0.0
A
41925
D
Common Stock
2016-04-01
4
M
0
4513.0
0.0
A
46438
D
Common Stock
2016-04-01
4
M
0
3490.0
0.0
A
49928
D
Common Stock
2016-04-01
4
M
0
4035.0
0.0
A
53963
D
Common Stock
2016-04-01
4
F
0
17617.0
39.4
D
36346
D
Common Stock
13
I
by Children
Restricted Stock Units -1
2016-04-01
4
M
0
17316.0
0.0
D
Common Stock
17316
0
D
Restricted Stock Units -2
2016-04-01
4
M
0
5254.0
0.0
D
Common Stock
5254
0
D
Restricted Stock Units -3
2016-04-01
4
M
0
4513.0
0.0
D
Common Stock
4513
4512
D
Restricted Stock Units -4
2016-04-01
4
M
0
3490.0
0.0
D
Common Stock
3490
6979
D
Restricted Stock Units -6
2016-04-01
4
M
0
4035.0
0.0
D
Common Stock
4035
12103
D
Non-Qualified Stock Option (right to buy)
22.98
2019-04-02
Common Stock
1971
1971
D
Non-Qualified Stock Option (right to buy)
34.99
2020-04-01
Common Stock
13538
13538
D
Non-Qualified Stock Option (right to buy)
35.19
2021-04-01
Common Stock
27918
27918
D
Non-Qualified Stock Option (right to buy)
35.88
2022-04-01
Common Stock
32275
32275
D
Restricted Stock Units -5
Common Stock
99548
99548
D
Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of (a) 17,316 shares of restricted stock granted to the Reporting Person on 04/02/12 (b) 5,234 shares of restricted stock granted to the Reporting Person on 04/02/12 (c) 4,513 shares of restricted stock granted to the Reporting Person on 04/02/12 (d) 3,490 shares of restricted stock granted to the Reporting Person on 04/01/14 (e) 4,035 shares of restricted stock granted to the Reporting Person on 04/01/15.
Includes 13 shares held by Mr. Barrese's children. Mr. Barrese disclaims beneficial ownership of these shares.
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.
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.
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: James J. Barrese
2016-04-05