0001633917-15-000077.txt : 20151217
0001633917-15-000077.hdr.sgml : 20151217
20151217194429
ACCESSION NUMBER: 0001633917-15-000077
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151215
FILED AS OF DATE: 20151217
DATE AS OF CHANGE: 20151217
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: Ready William J
CENTRAL INDEX KEY: 0001643573
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36859
FILM NUMBER: 151294996
MAIL ADDRESS:
STREET 1: C/O PAYPAL HOLDINGS, INC.
STREET 2: 2211 NORTH FIRST STREET
CITY: SAN JOSE
STATE: CA
ZIP: 95131
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2015-12-15
0
0001633917
PayPal Holdings, Inc.
PYPL
0001643573
Ready William J
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
SVP, Global Head Product & Eng
Common Stock
2015-12-15
4
M
0
30740.0
0.0
A
30740
D
Common Stock
2015-12-15
4
M
0
153699.0
0.0
A
184439
D
Common Stock
2015-12-15
4
F
0
83402.0
36.32
D
101037
D
Restricted Stock Units -1
2015-12-15
4
M
0
30740.0
0.0
D
Common Stock
30740
0
D
Restricted Stock Units -2
2015-12-15
4
M
0
153699.0
0.0
D
Common Stock
153699
0
D
Non-Qualified Stock Option (right to buy)
0.0
2022-04-01
Common Stock
32275
32275
D
Restricted Stock Units -3
Common Stock
752798
752798
D
Restricted Stock Units -4
Common Stock
160196
160196
D
Restricted Stock Units -5
Common Stock
16138
16138
D
Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 184,439 shares of restricted stock granted to the Reporting Person on 12/19/13.
Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.
The reporting person received a restricted stock unit grant subject to a two-year vesting schedule, vesting 66.67% on the one year anniversary, and 33.33% on the second 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.
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 restricted stock units subject to a four-year vesting schedule, vesting 20% on the one year anniversary date of the restricted stock unit and 3.33% monthly 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.
The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 20% on the second year anniversary date of the restricted stock unit and 3.33% monthly 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.
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.
Restricted Stock Units were reported in Table I on prior Form 4, showing total outstanding restricted stock units converted in connection with the spinoff of the Issuer from eBay Inc. on July 17, 2015.
William J Ready
2015-12-16