SEC Form 4 · accession 0001065088-15-000060
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott D Cook
Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 5:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065088
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 18, 2015 | M | 15,000 | $34.44 | A | 191,767 | D | |
| Common Stock | Feb 18, 2015 | M | 10,120 | $29.17 | A | 201,887 | D | |
| Common StockF1 | Feb 18, 2015 | S | 25,120 | $56.8344 | D | 176,767 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $29.17 | Feb 18, 2015 | M | 10,120 | D | — | Jun 19, 2015 | Common Stock | 10,120 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $34.44 | Feb 18, 2015 | M | 15,000 | D | — | Jun 23, 2015 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1Represents the weighted average price of shares sold at prices that ranged from $56.71 to $56.96.
- F2In connection with the reporting person's continuous service as a non-employee director of the Company, such reporting person has been granted options at the time of the Company's annual meeting of stockholders. The number of options granted is equal to the net present value of $110,000, calculated using the Black-Scholes valuation methodology on the date of grant. Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter, provided that the reporting person continues as a director or consultant of the Company through such date.
- F3Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
Remarks
Due to the SEC limitations on the number of transactions that can be reported on a form, Mr. Cook's historical data is not being reported.