SEC Form 4 · accession 0001065088-15-000105
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel H Schulman
Officer — President, PayPal
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 6:57 pm EDT
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 | holding | — | — | — | 19,275 | 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)F1 | $57.13 | Apr 1, 2015 | A | 91,207 | A | — | Apr 1, 2022 | Common Stock | 91,207 | 91,207 | D |
| Restricted Stock Units -4F2,F3,F4 | — | Apr 1, 2015 | A | 45,604 | A | — | — | Common Stock | 45,604 | 45,604 | D |
| Non-Qualified Stock Option (right to buy)F5 | $50.24 | holding | — | — | — | — | Oct 15, 2021 | Common Stock | 101,588 | 101,588 | D |
| Restricted Stock Units -1F2,F6,F4 | — | holding | — | — | — | — | — | Common Stock | 84,657 | 84,657 | D |
| Restricted Stock Units -3F2,F7,F4 | — | holding | — | — | — | — | — | Common Stock | 76,594 | 76,594 | D |
Explanation of responses
- F1The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F2Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F3The reporting person received 45,604 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/16 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.
- F4Not Applicable.
- F5The option grant is subject to a four-year vesting schedule, vesting 25% on 9/30/15 and 1/48th per month thereafter.
- F6The reporting person received 84,657 restricted stock units subject to a four-year vesting schedule, vesting 25% on 10/15/15 and 25% each 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.
- F7The reporting person received 76,594 restricted stock units and will fully vest and become non-forfeitable on January 28, 2016. 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.