EBAY INC — Director's Dealing 2015

Jun 29, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PayPal Holdings, Inc. (PYPL)
CIK: 0001633917
Period of Report: 2015-06-29

Reporting Person: EBAY INC (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, par value $0.0001 per share	1000	Direct

Footnotes

F1: This Form 3 is being filed in connection with the U.S. SEC's declaration of effectiveness of the Reg. Statement on Form 10 of PayPal Holdings, Inc. ("PayPal"), which describes the planned separation of PayPal from eBay Inc. ("eBay"). Pursuant to PayPal's Cert. of Incorporation (as amended), effective as of the close of business on the date set by resolution of the Board of Directors of eBay as the record date for distribution of shares of PayPal's Common Stock to holders of shares of eBay's common stock (such time, the "Effective Time"), the 1,000 shares of PayPal's Common Stock held by eBay prior to the Effective Time shall, automatically by operation of law and without any further action of the part of PayPal or eBay, be subdivided and converted into a number of shares of validly issued, fully paid and non-assessable shares of PayPal's Common Stock equal to the number of shares of common stock, par value $0.001 per share, of eBay, issued and outstanding as of the Effective Time.