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