0001633917-18-000041.txt : 20180220 0001633917-18-000041.hdr.sgml : 20180220 20180220174141 ACCESSION NUMBER: 0001633917-18-000041 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180215 FILED AS OF DATE: 20180220 DATE AS OF CHANGE: 20180220 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: 18626098 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 2018-02-15 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 2018-02-15 4 A 0 18670 0.0 A 55819 D Common Stock 2018-02-15 4 F 0 6683 78.295 D 49136 D Non-Qualified Stock Option (right to buy) 35.2 2021-04-01 Common Stock 2737 2737 D Non-Qualified Stock Option (right to buy) 35.88 2022-04-01 Common Stock 20173 20173 D Restricted Stock Units -2 Common Stock 2052 2052 D Restricted Stock Units -3 Common Stock 4034 4034 D Restricted Stock Units -4 Common Stock 8068 8068 D Restricted Stock Units -5 Common Stock 25179 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 AIP share footnote: The reporting person earned 18,670 shares in respect of performance-based restricted stock unit units (PBRSUs) based on the company's achievement of certain performance targets for the 2017 performance period, which were vested as shares of common stock on 2/15/18. Tax withholding footnote: Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of 18,670 shares of common stock underlying PBRSUs on 2/15/18 (see footnote 1). 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. Not applicable. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. 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 2018-02-19