SEC Form 4 · accession 0001065088-15-000231
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian J. Doerger
Officer — VP, Chief Accounting Officer
Period of report
Aug 28, 2015
Accepted (ET)
Sep 1, 2015 · 8:13 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 | Aug 28, 2015 | S | 4,658 | $27.072 | D | 4,905 | 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 Option (right to buy)F1 | $22.76 | holding | — | — | — | — | Jun 8, 2019 | Common Stock | 20,317 | 20,317 | D |
| Non-Qualified Stock Option (right to buy)F2 | $16.68 | holding | — | — | — | — | Jun 8, 2019 | Common Stock | 34,474 | 34,474 | D |
| Non-Qualified Stock Option (right to buy)F3 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 16,749 | 16,749 | D |
| Non-Qualified Stock Option (right to buy)F4 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 24,957 | 24,957 | D |
| Restricted Stock Units -1F7,F5,F6 | — | holding | — | — | — | — | — | Common Stock | 11,388 | 11,388 | D |
| Restricted Stock Units -2F7,F8,F6 | — | holding | — | — | — | — | — | Common Stock | 20,467 | 20,467 | D |
| Restricted Stock Units -3F7,F9,F6 | — | holding | — | — | — | — | — | Common Stock | 20,315 | 20,315 | D |
| Restricted Stock Units -4F7,F10,F6 | — | holding | — | — | — | — | — | Common Stock | 33,275 | 33,275 | D |
| Restricted Stock Units -5F7,F11,F6 | — | holding | — | — | — | — | — | Common Stock | 55,708 | 55,708 | D |
Explanation of responses
- F1The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
- F10The reporting person received 13,513 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.
- F11The reporting person received 22,623 restricted stock units subject to a four-year vesting schedule, vesting 25% on 12/15/15 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.
- F2The option grant is subject to a four-year vesting schedule, vesting 25% on 5/1/13 and 1/48th per month thereafter.
- F3The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
- F4The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F5The reporting person received 18,500 restricted stock units subject to a four-year vesting schedule, vesting 25% on 6/8/13 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.
- F6Not Applicable.
- F7Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F8The reporting person received 16,626 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.
- F9The reporting person received 11,001 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.
Remarks
The terms of each of the reporting person's outstanding options and restricted stock units were adjusted pursuant to the Employee Matters Agreement between eBay Inc. ("eBay") and PayPal Holdings, Inc. ("PayPal") relating to the July 17, 2015 distribution by eBay to its stockholders of all of the outstanding shares of the common stock of PayPal. All information regarding such options and restricted stock units is shown on this Form 4 on a post-adjustment basis.