0001633917-19-000047.txt : 20190211
0001633917-19-000047.hdr.sgml : 20190211
20190211175406
ACCESSION NUMBER: 0001633917-19-000047
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190207
FILED AS OF DATE: 20190211
DATE AS OF CHANGE: 20190211
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Marino Gary J
CENTRAL INDEX KEY: 0001644073
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36859
FILM NUMBER: 19586853
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) 967-1000
MAIL ADDRESS:
STREET 1: 2211 NORTH FIRST STREET
CITY: SAN JOSE
STATE: CA
ZIP: 95131
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2019-02-07
0
0001633917
PayPal Holdings, Inc.
PYPL
0001644073
Marino Gary J
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
Chief Commercial Officer
Common Stock
2019-02-07
4
M
0
2017
35.88
A
42317
D
Common Stock
2019-02-07
4
S
0
2017
91.11
D
40300
D
Non-Qualified Stock Option (right to buy)
35.88
2019-02-07
4
M
0
2017
0.0
D
2022-04-01
Common Stock
2017
2018
D
Restricted Stock Units -3
Common Stock
2017
2017
D
Restricted Stock Units -4
Common Stock
4034
4034
D
Restricted Stock Units -5
Common Stock
12589
12589
D
Restricted Stock Units -6
Common Stock
48517
48517
D
Restricted Stock Units -9
Common Stock
44012
44012
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
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 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.
By: Brian Yamasaki For: Gary J. Marino
2019-02-08