0001633917-16-000259.txt : 20161117
0001633917-16-000259.hdr.sgml : 20161117
20161117181725
ACCESSION NUMBER: 0001633917-16-000259
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161115
FILED AS OF DATE: 20161117
DATE AS OF CHANGE: 20161117
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: 162006024
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
2016-11-15
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
EVP, COO and Global Head Prod
Common Stock
2016-11-15
4
M
0
25094.0
0.0
A
75693
D
Common Stock
2016-11-15
4
M
0
5340.0
0.0
A
81033
D
Common Stock
2016-11-15
4
F
0
15882.0
38.94
D
65151
D
Restricted Stock Units -3
2016-11-15
4
M
0
25094.0
0.0
D
Common Stock
25094
351303
D
Restricted Stock Units -4
2016-11-15
4
M
0
5340.0
0.0
D
Common Stock
5340
74757
D
Non-Qualified Stock Option (right to buy)
35.88
2022-04-01
Common Stock
32275
32275
D
Restricted Stock Units -5
Common Stock
12103
12103
D
Restricted Stock Units -6
Common Stock
56654
56654
D
Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 30,434 restricted stock units granted to the Reporting Person on January 15, 2014.
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 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.
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 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 date of the restricted stock unit, 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: Brian Yamasaki For: William J. Ready
2016-11-16