0001633917-16-000236.txt : 20161018 0001633917-16-000236.hdr.sgml : 20161018 20161018180726 ACCESSION NUMBER: 0001633917-16-000236 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161015 FILED AS OF DATE: 20161018 DATE AS OF CHANGE: 20161018 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCHULMAN DANIEL H CENTRAL INDEX KEY: 0001215315 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 161941579 MAIL ADDRESS: STREET 1: SYMANTEC CORPORATION STREET 2: 20330 STEVENS CREEK BLVD. CITY: CUPERTINO STATE: CA ZIP: 95014 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2016-10-15 0 0001633917 PayPal Holdings, Inc. PYPL 0001215315 SCHULMAN DANIEL H C/O PAYPAL HOLDINGS, INC. 2211 NORTH FIRST STREET SAN JOSE CA 95131 1 1 0 0 President and CEO Common Stock 2016-10-15 4 M 0 33701.0 0.0 A 203364 D Common Stock 2016-10-15 4 F 0 17575.0 39.24 D 185789 D Restricted Stock Units -1 2016-10-15 4 M 0 33701.0 0.0 D Common Stock 33701 67402 D Non-Qualified Stock Option (right to buy) 31.56 2021-10-15 Common Stock 161764 161764 D Non-Qualified Stock Option (right to buy) 35.88 2022-04-01 Common Stock 145234 145234 D Non-Qualified Stock Option (right to buy) 41.64 2022-07-17 Common Stock 30485 30485 D Restricted Stock Units -3 Common Stock 54463 54463 D Restricted Stock Units -4 Common Stock 11432 11432 D Restricted Stock Units -5 Common Stock 163667 163667 D Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 33,701 shares of restricted stock units granted to the Reporting Person on 10/15/14. Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock. The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 10/15/15 and 25% each 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. The option grant is subject to a four-year vesting schedule, vesting 25% on 9/30/15 and 1/48th per month thereafter. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 01/17/16 and 1/48th per month thereafter. The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/16 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. The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 07/17/16 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. The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary, and 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. By: Brian Yamasaki For: Daniel H. Schulman 2016-10-17 EX-24 2 schulman.txt EDGAR SUPPORTING DOCUMENT POWER OF ATTORNEY Know all by these presents,that the undersigned hereby constitutes and appoints each of John D. Rainey, A.Louise Pentland, Aaron Anderson, and Brian Yamasaki, signing individually, the undersigneds true and lawful attorneys-in fact and agents to (1) execute for and on behalf of the undersigned, an executive officer,director or holder of 10% of more of a registered class of securities of PayPal Holdings, Inc. (the Company), Forms 3,4 and 5 in accordance with Section 16(a)of the Securities Exchange Act of 1934, as amended (the Exchange Act) and the rules thereunder; (2) do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute such Form 3, 4 or 5,complete and execute any amendment or amendments thereto, and timely file such forms or amendments with the United States Securities and Exchange Commission and any stock exchange or similar authority; and (3) take any other action of any nature whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-facts discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-facts substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigneds responsibilities to comply with Section 16 of the Exchange Act. This Power of Attorney shall remain in full force and effect until the earliest to occur of (a) the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigneds holdings of and transactions in securities issued by the Company, (b) revocation by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact or (c) as to any attorney-in-fact individually, until such attorney-in-fact shall no longer be employed by the Company. IN WITNESS WHEREOF, the undersigned has cause this Power of Attorney to be executed as of this 28 day of September 2016. /s/ Daniel H. Schulman SIGNATURE OF SECTION 16 INSIDER Daniel H. Schulman PRINT NAME