SEC Form 4 · accession 0001071665-15-000007
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond J Pittman
Officer — SVP, Chief Product Officer, Ma
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 6:42 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 | Dec 15, 2015 | M | 6,267 | $0.00 | A | 23,872 | D | |
| Common Stock | Dec 15, 2015 | M | 125,646 | $0.00 | A | 149,518 | D | |
| Common StockF1 | Dec 15, 2015 | F | 2,356 | $28.31 | D | 147,162 | D | |
| Common StockF2 | Dec 15, 2015 | F | 64,043 | $28.31 | D | 83,119 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units -1F3,F4,F5 | — | Dec 15, 2015 | M | 6,267 | D | — | — | Common Stock | 6,267 | 389,470 | D |
| Restricted Stock Units -1F3,F4,F5 | — | Dec 15, 2015 | M | 125,646 | D | — | — | Common Stock | 125,646 | 263,824 | D |
| Non-Qualified Stock Option (right to buy)F6 | $20.94 | holding | — | — | — | — | Dec 15, 2020 | Common Stock | 50,141 | 50,141 | D |
| Non-Qualified Stock Option (right to buy)F7 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 25,398 | 25,398 | D |
| Non-Qualified Stock Option (right to buy)F8 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 62,389 | 62,389 | D |
| Restricted Stock Units -2F3,F9,F5 | — | holding | — | — | — | — | — | Common Stock | 9,522 | 9,522 | D |
| Restricted Stock Units -3F3,F10,F5 | — | holding | — | — | — | — | — | Common Stock | 31,194 | 31,194 | D |
Explanation of responses
- F1Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 2,356 restricted stock units granted to the Reporting Person on 12/15/2013.
- F10The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/2016 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 shares reacquired to satisfy tax withholding obligations in connection with the vesting of 64,043 restricted stock units granted to the Reporting Person on 12/15/2013.
- F3Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F4The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 12/15/14 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.
- F5Not Applicable.
- F6The option grant is subject to a four-year vesting schedule, vesting 25% on 11/4/14 and 1/48th per month thereafter.
- F7The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
- F8The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F9The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/2015 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.