0001633917-17-000146.txt : 20170816 0001633917-17-000146.hdr.sgml : 20170816 20170816200402 ACCESSION NUMBER: 0001633917-17-000146 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170815 FILED AS OF DATE: 20170816 DATE AS OF CHANGE: 20170816 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: 171037507 MAIL ADDRESS: STREET 1: C/O PAYPAL HOLDINGS, INC. STREET 2: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 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 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2017-08-15 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, Chief Operating Officer Common Stock 2017-08-15 4 M 0 25092 0.0 A 54344 D Common Stock 2017-08-15 4 M 0 5339 0.0 A 59683 D Common Stock 2017-08-15 4 F 0 15880 59.69 D 43803 D Restricted Stock Units -3 2017-08-15 4 M 0 25092 0.0 D Common Stock 25092 125466 D Restricted Stock Units -4 2017-08-15 4 M 0 5339 0.0 D Common Stock 5339 26698 D Non-Qualified Stock Option (right to buy) 35.88 2022-04-01 Common Stock 32275 32275 D Restricted Stock Units -5 Common Stock 8068 8068 D Restricted Stock Units -6 Common Stock 37768 37768 D Restricted Stock Units -7 Common Stock 97035 97035 D Restricted Stock Units -8 Common Stock 388140 388140 D Restricted Stock Units -9 Common Stock 13986 13986 D Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 30,431 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. 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 quarterly 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 earned a total of 27,972 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 which vested on 3/1/17 (date of grant). By: Brian Yamasaki For: William J. Ready 2017-08-16