0001633917-19-000130.txt : 20190517
0001633917-19-000130.hdr.sgml : 20190517
20190517204243
ACCESSION NUMBER: 0001633917-19-000130
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190515
FILED AS OF DATE: 20190517
DATE AS OF CHANGE: 20190517
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Auerbach Jonathan
CENTRAL INDEX KEY: 0001643693
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36859
FILM NUMBER: 19837417
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
2019-05-15
0
0001633917
PayPal Holdings, Inc.
PYPL
0001643693
Auerbach Jonathan
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
EVP, Chief Strategy & Growth
Common Stock
2019-05-15
4
M
0
10187
0.0
A
120470
D
Common Stock
2019-05-15
4
M
0
27166
0.0
A
147636
D
Common Stock
2019-05-15
4
F
0
19065
111.5
D
128571
D
Common Stock
2019-05-16
4
S
0
533
111.7329
D
128038
D
Common Stock
2019-05-16
4
S
0
690
112.9634
D
127348
D
Common Stock
2019-05-16
4
S
0
7161
114.0069
D
120187
D
Common Stock
2019-05-16
4
S
0
346
114.4856
D
119841
D
Restricted Stock Units -1
2019-05-15
4
M
0
10187
0.0
D
Common Stock
10187
0
D
Restricted Stock Units -2
2019-05-15
4
M
0
27166
0.0
D
Common Stock
27166
0
D
Non-Qualified Stock Option (right to buy)
37.31
2022-05-15
Common Stock
81498
81498
D
Restricted Stock Units -4
Common Stock
12129
12129
D
Restricted Stock Units -6
Common Stock
16766
16766
D
Restricted Stock Units -7
Common Stock
32226
32226
D
Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
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 $111.33 to $112.31.
Represents the weighted average price of shares sold at prices that ranged from $112.39 to $113.36.
Represents the weighted average price of shares sold at prices that ranged from $113.42 to $114.41.
Represents the weighted average price of shares sold at prices that ranged from $114.42 to $114.58.
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 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.
Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
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: Jonathan Auerbach
2019-05-16