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