SEC Form 4 · accession 0001065088-15-000076
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Lee Marks
Officer — SVP, Corporate Communications
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 7:57 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 27, 2015 | M | 8,000 | $23.88 | A | 76,023 | D | |
| Common Stock | Feb 27, 2015 | M | 5,381 | $32.29 | A | 81,404 | D | |
| Common StockF1,F2 | Feb 27, 2015 | S | 13,381 | $58.4347 | D | 68,023 | D | |
| Common Stock | Mar 1, 2015 | M | 4,018 | $0.00 | A | 72,041 | D | |
| Common StockF3 | Mar 1, 2015 | F | 10,645 | $57.91 | D | 61,396 | D | |
| Common StockF4 | Mar 2, 2015 | A | 12,593 | $0.00 | A | 73,989 | D | |
| Common StockF5 | Mar 2, 2015 | F | 3,286 | $58.38 | D | 70,703 | 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)F6 | $23.88 | Feb 27, 2015 | M | 8,000 | D | — | Mar 1, 2017 | Common Stock | 8,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F7 | $32.29 | Feb 27, 2015 | M | 5,381 | D | — | Mar 1, 2018 | Common Stock | 5,381 | 58,909 | D |
| Restricted Stock Units -4F8,F9,F10 | — | Mar 1, 2015 | M | 4,018 | D | — | — | Common Stock | 4,018 | 0 | D |
| Non-Qualified Stock Option (right to buy)F11 | $10.50 | holding | — | — | — | — | Mar 2, 2016 | Common Stock | 2,000 | 2,000 | D |
| Non-Qualified Stock Option (right to buy)F12 | $36.59 | holding | — | — | — | — | Apr 2, 2019 | Common Stock | 27,000 | 27,000 | D |
| Non-Qualified Stock Option (right to buy)F13 | $53.015 | holding | — | — | — | — | Jan 15, 2022 | Common Stock | 17,857 | 17,857 | D |
| Non-Qualified Stock Option (right to buy)F14 | $55.71 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 35,140 | 35,140 | D |
| Non-Qualified Stock Option (right to buy)F15 | $56.04 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 25,784 | 25,784 | D |
| Restricted Stock Units -5F8,F16,F10 | — | holding | — | — | — | — | — | Common Stock | 6,750 | 6,750 | D |
| Restricted Stock Units -6F8,F17,F10 | — | holding | — | — | — | — | — | Common Stock | 13,177 | 13,177 | D |
| Restricted Stock Units -7F8,F18,F10 | — | holding | — | — | — | — | — | Common Stock | 12,892 | 12,892 | D |
| Restricted Stock Units -8F8,F19,F10 | — | holding | — | — | — | — | — | Common Stock | 8,929 | 8,929 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F10Not Applicable.
- F11The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/09 and 1/48th per month thereafter.
- F12The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
- F13The option grant is subject to a four-year vesting schedule, vesting 12.5% on 07/15/15 and 1/48th per month thereafter.
- F14The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
- F15The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
- F16The reporting person received 13,500 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/13 and 25% each year thereafter. 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.
- F17The reporting person received 17,571 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/14 and 25% each year thereafter. 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.
- F18The reporting person received 12,892 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/15 and 25% each year thereafter. 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.
- F19The reporting person received 8,929 restricted stock units subject to a four-year vesting schedule, vesting 25% on 1/15/16 and 25% each year thereafter. 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.
- F2Represents the weighted average price of shares sold at prices that ranged from $58.25 to 58.68.
- F3Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of (a) 4,018 shares of restricted stock granted to the Reporting Person on 3/1/11 and (b) 16,381 shares of restricted stock granted to the Reporting Person on 3/1/14 as a result of the company's achievement of certain performance criteria for 2012/2013 (the award was originally allocated to the reporting person as performance-based restricted stock units).
- F4The reporting person was granted 12,593 shares of common stock as a result of the company's achievement of certain performance criteria for 2013/2014 (the award was originally allocated to the reporting person as performance-based restricted stock units). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/16.
- F5Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 6,297 shares of restricted stock granted to the Reporting Person on 3/2/15 (see footnote 4).
- F6The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/10 and 1/48th per month thereafter.
- F7The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/11 and 1/48th per month thereafter.
- F8Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F9The reporting person received 16,075 restricted stock units subject to a four-year vesting schedule, vesting 25% on 3/1/12 and 25% each year thereafter. 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.