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