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