0001633917-17-000081.txt : 20170517 0001633917-17-000081.hdr.sgml : 20170517 20170517201513 ACCESSION NUMBER: 0001633917-17-000081 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170515 FILED AS OF DATE: 20170517 DATE AS OF CHANGE: 20170517 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: Auerbach Jonathan CENTRAL INDEX KEY: 0001643693 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 17853274 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 2017-05-15 0 0001633917 PayPal Holdings, Inc. PYPL 0001643693 Auerbach Jonathan C/O PAYPAL HOLDINGS, INC. 2211 NORTH FIRST STREET SAN JOSE CA 95131 0 1 0 0 EVP, CHF Strategy & Growth OFC Common Stock 2017-05-15 4 M 0 10188 0.0 A 51175 D Common Stock 2017-05-15 4 F 0 5292 49.77 D 45883 D Common Stock 2017-05-15 4 M 0 27166 0.0 A 73049 D Common Stock 2017-05-15 4 F 0 14109 49.77 D 58940 D Restricted Stock Units -1 2017-05-15 4 M 0 10188 0.0 D Common Stock 10188 20374 D Restricted Stock Units -2 2017-05-15 4 M 0 27166 0.0 D Common Stock 27166 54332 D Non-Qualified Stock Option (right to buy) 0.0 2022-05-15 Common Stock 81498 81498 D Restricted Stock Units -3 Common Stock 20983 20983 D Restricted Stock Units -4 Common Stock 36389 36389 D Restricted Stock Units -5 Common Stock 35316 35316 D Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 10,188 shares of restricted stock granted to the Reporting Person on May 15, 2015. Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 27,166 shares of restricted stock granted to the Reporting Person on May 15, 2015. 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. Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter. 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 a total of 70,632 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: Jonathan Auerbach 2017-05-16