0001633917-16-000121.txt : 20160303
0001633917-16-000121.hdr.sgml : 20160303
20160303181903
ACCESSION NUMBER: 0001633917-16-000121
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160301
FILED AS OF DATE: 20160303
DATE AS OF CHANGE: 20160303
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: Marino Gary J
CENTRAL INDEX KEY: 0001644073
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36859
FILM NUMBER: 161482857
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
2016-03-01
0
0001633917
PayPal Holdings, Inc.
PYPL
0001644073
Marino Gary J
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
SVP, Americas & Credit Product
Common Stock
2016-03-01
4
M
0
3234.0
0.0
A
3234
D
Common Stock
2016-03-01
4
A
0
13960.0
0.0
A
17194
D
Common Stock
2016-03-01
4
F
0
1098.0
39.25
D
16096
D
Common Stock
2016-03-01
4
F
0
2370.0
39.25
D
13726
D
Restricted Stock Units -4
2016-03-01
4
M
0
3234.0
0.0
D
Common Stock
3234
0
D
Non-Qualified Stock Option (right to buy)
0.0
2017-03-01
Common Stock
63694
63694
D
Non-Qualified Stock Option (right to buy)
0.0
2018-03-01
Common Stock
47770
47770
D
Non-Qualified Stock Option (right to buy)
0.0
2019-04-02
Common Stock
24044
24044
D
Non-Qualified Stock Option (right to buy)
0.0
2020-04-01
Common Stock
18051
18051
D
Non-Qualified Stock Option (right to buy)
0.0
2021-04-01
Common Stock
16423
16423
D
Non-Qualified Stock Option (right to buy)
0.0
2022-04-01
Common Stock
48413
48413
D
Restricted Stock Units -1
Common Stock
3004
3004
D
Restricted Stock Units -2
Common Stock
4512
4512
D
Restricted Stock Units -3
Common Stock
6157
6157
D
Restricted Stock Units -5
Common Stock
8070
8070
D
Restricted Stock Units -6
Common Stock
16138
16138
D
The reporting person was granted 13,960 shares of common stock as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/17.
Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of (a) 3,234 shares of restricted stock granted to the Reporting Person on 3/2/15 as a result of the company's achievement of certain performance criteria for 2013/2014 (the award was originally allocated to the reporting person as performance-based restricted stock units) and (b) 6,980 shares of restricted stock granted to the Reporting Person on 3/1/16 (see footnote 1).
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.
By: Russell S. Elmer For: Gary Marino
2016-03-02