0001633917-15-000071.txt : 20151112
0001633917-15-000071.hdr.sgml : 20151112
20151112191204
ACCESSION NUMBER: 0001633917-15-000071
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151111
FILED AS OF DATE: 20151112
DATE AS OF CHANGE: 20151112
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: Barrese James
CENTRAL INDEX KEY: 0001588691
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36859
FILM NUMBER: 151226499
MAIL ADDRESS:
STREET 1: C/O MARIN SOFTWARE INCORPORATED
STREET 2: 123 MISSION STREET, 25TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2015-11-11
0
0001633917
PayPal Holdings, Inc.
PYPL
0001588691
Barrese James
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
SVP, Payment Services & CTO
Common Stock
2015-11-11
4
M
0
1970.0
22.98
A
25779
D
Common Stock
2015-11-11
4
S
0
1886.0
37.1524
D
23893
D
Common Stock
2015-11-11
4
S
0
23809.0
37.1433
D
84
D
Common Stock
13
I
by Children
Non-Qualified Stock Option (right to buy)
22.98
2015-11-11
4
M
0
1970.0
0.0
D
2019-04-02
Common Stock
1970
1971
D
Non-Qualified Stock Option (right to buy)
34.99
2020-04-01
Common Stock
13538
13538
D
Non-Qualified Stock Option (right to buy)
35.19
2021-04-01
Common Stock
27918
27918
D
Non-Qualified Stock Option (right to buy)
35.88
2022-04-01
Common Stock
32275
32275
D
Restricted Stock Units -1
Common Stock
17316
17316
D
Restricted Stock Units -2
Common Stock
5254
5254
D
Restricted Stock Units -3
Common Stock
9025
9025
D
Restricted Stock Units -4
Common Stock
10469
10469
D
Restricted Stock Units -5
Common Stock
99548
99548
D
Restricted Stock Units -6
Common Stock
16138
16138
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 a price that ranged from $37.15 to $37.18.
Represents the weighted average price of shares sold at a price that ranged from $37.02 to $37.29.
Includes 13 shares held by Mr. Barrese's children. Mr. Barrese disclaims beneficial ownership of these shares.
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, 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: Russell S. Elmer For: James J. Barrese
2015-11-12