SEC Form 4 · accession 0001071665-16-000016

EBAY INC · EBAY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Raymond J Pittman

Officer — SVP, Chief Product Officer,

Period of report

Mar 1, 2016

Accepted (ET)

Mar 2, 2016 · 9:00 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
Common Stock^F1	Mar 1, 2016	A	15,451	$0.00	A	48,237	D
Common Stock^F2	Mar 1, 2016	F	2,904	$24.25	D	45,333	D
Common Stock^F3	Mar 1, 2016	F	3,280	$24.25	D	42,053	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)^F4	$20.94	holding	—	—	—	—	Dec 15, 2020	Common Stock	21,937	21,937	D
Non-Qualified Stock Option (right to buy)^F5	$22.76	holding	—	—	—	—	Apr 1, 2021	Common Stock	25,398	25,398	D
Non-Qualified Stock Option (right to buy)^F6	$23.21	holding	—	—	—	—	Apr 1, 2022	Common Stock	62,389	62,389	D
Restricted Stock Units -1^F9,F7,F8	—	holding	—	—	—	—	—	Common Stock	263,824	263,824	D
Restricted Stock Units -2^F9,F10,F8	—	holding	—	—	—	—	—	Common Stock	9,522	9,522	D
Restricted Stock Units -3^F9,F11,F8	—	holding	—	—	—	—	—	Common Stock	31,194	31,194	D

Explanation of responses

F1The reporting person was granted 15,451 restricted stock units as a result of the company's achievement of certain performance criteria for 2014/2015 (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 3/1/17.
F10The 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.
F11The 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 7,726 restricted stock units granted to the Reporting Person on 3/1/16 as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units)(see footnote 1).
F3Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 8,727 restricted stock units granted to the Reporting Person on 3/2/15 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).
F4The option grant is subject to a four-year vesting schedule, vesting 25% on 11/4/14 and 1/48th per month thereafter.
F5The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
F6The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
F7The 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.
F8Not Applicable.
F9Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.