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