0001633917-20-000065.txt : 20200303
0001633917-20-000065.hdr.sgml : 20200303
20200303182904
ACCESSION NUMBER: 0001633917-20-000065
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: Karczmer Aaron
CENTRAL INDEX KEY: 0001694660
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36859
FILM NUMBER: 20684626
MAIL ADDRESS:
STREET 1: 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
0001694660
Karczmer Aaron
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE
CA
95131
0
1
0
0
EVP, RRPS Chief Risk Complianc
Common Stock
2020-03-01
4
A
0
97036
0.0
A
113277
D
Common Stock
2020-03-01
4
F
0
48090
107.99
D
65187
D
Common Stock
2020-03-01
4
M
0
16172
0.0
A
81359
D
Common Stock
2020-03-01
4
M
0
10479
0.0
A
91838
D
Common Stock
2020-03-01
4
M
0
12533
0.0
A
104371
D
Common Stock
2020-03-01
4
F
0
19212
107.99
D
85159
D
Restricted Stock Units -2
2020-03-01
4
M
0
16172
0.0
D
Common Stock
16172
0
D
Restricted Stock Units -3
2020-03-01
4
M
0
10479
0.0
D
Common Stock
10479
10478
D
Restricted Stock Units -4
2020-03-01
4
M
0
12533
0.0
D
Common Stock
12533
25064
D
Restricted Stock Units -5
2020-03-01
4
A
0
32028
0.0
A
Common Stock
32028
32028
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: Aaron Karczmer
2020-03-03