0001633917-17-000058.txt : 20170404 0001633917-17-000058.hdr.sgml : 20170404 20170404190844 ACCESSION NUMBER: 0001633917-17-000058 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170401 FILED AS OF DATE: 20170404 DATE AS OF CHANGE: 20170404 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: 17740493 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 2017-04-01 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 EVP, Chief Commercial Officer Common Stock 2017-04-01 4 M 0 2256 0.0 A 39405 D Common Stock 2017-04-01 4 M 0 2052 0.0 A 41457 D Common Stock 2017-04-01 4 M 0 2018 0.0 A 43475 D Common Stock 2017-04-01 4 M 0 4035 0.0 A 47510 D Common Stock 2017-04-01 4 M 0 12591 0.0 A 60101 D Common Stock 2017-04-01 4 F 0 11144 43.02 D 48957 D Common Stock 2017-04-03 4 M 0 377 34.99 A 49334 D Common Stock 2017-04-03 4 S 0 377 43.2 D 48957 D Common Stock 2017-04-03 4 M 0 342 35.2 A 49299 D Common Stock 2017-04-03 4 S 0 342 43.2 D 48957 D Common Stock 2017-04-03 4 M 0 336 35.88 A 49293 D Common Stock 2017-04-03 4 S 0 336 43.2 D 48957 D Common Stock 2017-04-03 4 M 0 672 35.88 A 49629 D Common Stock 2017-04-03 4 S 0 672 43.2 D 48957 D Common Stock 2017-04-04 4 S 0 11808 42.4258 D 37149 D Non-Qualified Stock Option (right to buy) 34.99 2017-04-03 4 M 0 377 0.0 D 2020-04-01 Common Stock 377 0 D Non-Qualified Stock Option (right to buy) 35.2 2017-04-03 4 M 0 342 0.0 D 2021-04-01 Common Stock 342 4106 D Non-Qualified Stock Option (right to buy) 35.88 2017-04-03 4 M 0 336 0.0 D 2022-04-01 Common Stock 336 24880 D Non-Qualified Stock Option (right to buy) 35.88 2017-04-03 4 M 0 672 0.0 D 2022-04-01 Common Stock 672 24208 D Restricted Stock Units -1 2017-04-01 4 M 0 2256 0.0 D Common Stock 2256 0 D Restricted Stock Units -2 2017-04-01 4 M 0 2052 0.0 D Common Stock 2052 2052 D Restricted Stock Units -3 2017-04-01 4 M 0 2018 0.0 D Common Stock 2018 4034 D Restricted Stock Units -4 2017-04-01 4 M 0 4035 0.0 D Common Stock 4035 8068 D Restricted Stock Units -5 2017-04-01 4 M 0 12591 0.0 D Common Stock 12591 25179 D Restricted Stock Units -6 Common Stock 72777 72777 D Restricted Stock Units -7 Common Stock 6993 6993 D Restricted Stock Units -8 Common Stock 13986 13986 D Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of (a) 2,256 shares of restricted stock granted to the Reporting Person on 04/01/13, (b) 2,052 shares of restricted stock granted to the Reporting Person on 04/01/14, (c) 2,018 shares of restricted stock granted to the Reporting Person on 04/01/15, (d) 4,035 shares of restricted stock granted to the Reporting Person on 04/01/15, and (e) 12,591 shares of restricted stock granted to the Reporting Person on 04/01/16. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. Represents the weighted average price of shares sold at prices that ranged from $42.27 to $42.54. 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. Total represents an aggregate amount of 24,208 shares beneficially held after both exercises are reflected. 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 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. The reporting person earned 41,959 shares in respect of performance-based restricted stock units (PBRSUs) for the 2015-2016 performance period, which were granted to the reporting person as restricted stock units on 3/1/17. Amount represents 50% of the shares subject to such restricted stock units vesting on the first anniversary of the date of grant. By: Brian Yamasaki For: Gary J. Marino 2017-04-04