0001633917-19-000053.txt : 20190220 0001633917-19-000053.hdr.sgml : 20190220 20190220185213 ACCESSION NUMBER: 0001633917-19-000053 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190215 FILED AS OF DATE: 20190220 DATE AS OF CHANGE: 20190220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Karczmer Aaron CENTRAL INDEX KEY: 0001694660 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 19620021 MAIL ADDRESS: STREET 1: 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) 967-1000 MAIL ADDRESS: STREET 1: 2211 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95131 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2019-02-15 0 0001633917 PayPal Holdings, Inc. PYPL 0001694660 Karczmer Aaron C/O PAYPAL HOLDINGS, INC. 2211 NORTH FIRST STREET SAN JOSE CA 95131 0 1 0 0 EVP,Chief Risk,Compliance,Sec Common Stock 2019-02-15 4 A 0 7955 0.0 A 11399 D Common Stock 2019-02-15 4 F 0 3053 94.91 D 8346 D Common Stock 2019-02-19 4 S 0 3677 94.4373 D 4669 D Restricted Stock Units -1 Common Stock 8864 8864 D Restricted Stock Units -2 Common Stock 32345 32345 D Restricted Stock Units -3 Common Stock 31437 31437 D Represents shares earned in respect to performance-based restricted stock units (PBRSUs) based on the achievement by PayPal of certain performance targets for the 2018 performance period, which were vested as shares of common stock on 2/15/2019. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 2/15/2019. 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 $94.15 to $94.57. 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. Not applicable. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. By: Brian Yamasaki For: Aaron Karczmer 2019-02-20