0001633917-16-000211.txt : 20160808 0001633917-16-000211.hdr.sgml : 20160808 20160808211333 ACCESSION NUMBER: 0001633917-16-000211 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160805 FILED AS OF DATE: 20160808 DATE AS OF CHANGE: 20160808 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: 161815839 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 2016-08-05 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 2016-08-05 4 S 0 48963.0 38.0 D 56943 D Non-Qualified Stock Option (right to buy) 35.88 2022-04-01 Common Stock 32275 32275 D Restricted Stock Units -3 Common Stock 451677 451677 D Restricted Stock Units -4 Common Stock 96117 96117 D Restricted Stock Units -5 Common Stock 12103 12103 D Restricted Stock Units -6 Common Stock 56654 56654 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. 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 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. Not applicable. 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. 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: William J. Ready 2016-08-08