0001633917-23-000042.txt : 20230303 0001633917-23-000042.hdr.sgml : 20230303 20230303173454 ACCESSION NUMBER: 0001633917-23-000042 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230301 FILED AS OF DATE: 20230303 DATE AS OF CHANGE: 20230303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Alford Peggy CENTRAL INDEX KEY: 0001736236 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36859 FILM NUMBER: 23706110 MAIL ADDRESS: STREET 1: 435 TASSO STREET CITY: PALO ALTO STATE: CA ZIP: 94301 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PayPal Holdings, Inc. CENTRAL INDEX KEY: 0001633917 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 472989869 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 2023-03-01 0 0001633917 PayPal Holdings, Inc. PYPL 0001736236 Alford Peggy C/O PAYPAL HOLDINGS, INC. 2211 NORTH FIRST STREET SAN JOSE CA 95131 0 1 0 0 EVP, Global Sales Common Stock 2023-03-01 4 A 0 37154 0.0 A 55254 D Common Stock 2023-03-01 4 F 0 16422 73.82 D 38832 D Common Stock 2023-03-01 4 M 0 8540 0.0 A 47372 D Common Stock 2023-03-01 4 M 0 5712 0.0 A 53084 D Common Stock 2023-03-01 4 M 0 12278 0.0 A 65362 D Common Stock 2023-03-01 4 F 0 13156 73.82 D 52206 D Restricted Stock Units -3 2023-03-01 4 M 0 8540 0.0 D Common Stock 8540 0 D Restricted Stock Units -4 2023-03-01 4 M 0 5712 0.0 D Common Stock 5712 5711 D Restricted Stock Units -5 2023-03-01 4 M 0 12278 0.0 D Common Stock 12278 24554 D Restricted Stock Units -6 2023-03-01 4 A 0 47509 0.0 A Common Stock 47509 47509 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 2020-2022 performance period, which were vested as shares of common stock on 3/1/2023. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of common stock underlying PBRSUs on 3/1/2023. 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. The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 1/3 on the one year anniversary of the grant date of the restricted stock unit award (the 'Grant Date'), and 1/12 on each quarterly anniversary of the Grant Date thereafter until the third anniversary of the Grant Date, on which date the grant shall be fully vested. 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: Peggy Marie Alford 2023-03-03