0001633917-18-000053.txt : 20180301 0001633917-18-000053.hdr.sgml : 20180301 20180301161844 ACCESSION NUMBER: 0001633917-18-000053 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180227 FILED AS OF DATE: 20180301 DATE AS OF CHANGE: 20180301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Pentland Adele Louise CENTRAL INDEX KEY: 0001643724 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 18657571 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 2018-02-27 0 0001633917 PayPal Holdings, Inc. PYPL 0001643724 Pentland Adele Louise C/O PAYPAL HOLDINGS, INC. 2211 NORTH FIRST STREET SAN JOSE CA 95131 0 1 0 0 EVP, CHF Bus. Aff. & Legal OFC Common Stock 2018-02-27 4 M 0 34637 0.0 A 87544 D Common Stock 2018-02-27 4 S 0 31937 79.252 D 55607 D Common Stock 2018-02-27 4 S 0 2700 79.7937 D 52907 D Non-Qualified Stock Option (right to buy) 37.31 2018-02-27 4 M 0 34637 0.0 D 2022-05-15 Common Stock 34637 14262 D Restricted Stock Units -1 Common Stock 12224 12224 D Restricted Stock Units -2 Common Stock 54332 54332 D Restricted Stock Units -3 Common Stock 33572 33572 D Restricted Stock Units -4 Common Stock 60647 60647 D Restricted Stock Units -5 Common Stock 21190 21190 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. Represents the weighted average price of shares sold at prices that ranged from $78.70 to $79.70. Represents the weighted average price of shares sold at prices that ranged from $79.70 to $79.91. Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly 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 a total of 42,380 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: A. Louise Pentland 2018-03-01