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