0001633917-20-000062.txt : 20200303
0001633917-20-000062.hdr.sgml : 20200303
20200303182828
ACCESSION NUMBER: 0001633917-20-000062
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200301
FILED AS OF DATE: 20200303
DATE AS OF CHANGE: 20200303
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: 20684620
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
2020-03-01
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 Strat & Growth Off
Common Stock
2020-03-01
4
A
0
72778
0.0
A
163343
D
Common Stock
2020-03-01
4
F
0
37143
107.99
D
126200
D
Common Stock
2020-03-01
4
M
0
12129
0.0
A
138329
D
Common Stock
2020-03-01
4
M
0
8383
0.0
A
146712
D
Common Stock
2020-03-01
4
M
0
10743
0.0
A
157455
D
Common Stock
2020-03-01
4
F
0
15953
107.99
D
141502
D
Restricted Stock Units -4
2020-03-01
4
M
0
12129
0.0
D
Common Stock
12129
0
D
Restricted Stock Units -6
2020-03-01
4
M
0
8383
0.0
D
Common Stock
8383
8383
D
Restricted Stock Units -7
2020-03-01
4
M
0
10743
0.0
D
Common Stock
10743
21483
D
Restricted Stock Units -8
2020-03-01
4
A
0
29893
0.0
A
Common Stock
29893
29893
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 2017-2019 performance period, which were vested as shares of common stock on 3/1/2020.
Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 3/1/2020.
Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units granted to the Reporting Person.
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.
Not applicable.
By: Brian Yamasaki For: Jonathan Auerbach
2020-03-03