SEC Form 4 · accession 0001071665-16-000024
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
Jun 15, 2016
Accepted (ET)
Jun 17, 2016 · 7:50 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 | Jun 15, 2016 | M | 5,732 | $0.00 | A | 29,461 | D | |
| Common StockF1 | Jun 15, 2016 | F | 2,991 | $23.96 | D | 26,470 | 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 -4F2,F3,F4 | — | Jun 15, 2016 | M | 5,732 | D | — | — | Common Stock | 5,732 | 85,966 | D |
| Non-Qualified Stock Option (right to buy)F5 | $20.94 | holding | — | — | — | — | Dec 15, 2020 | Common Stock | 21,937 | 21,937 | D |
| Non-Qualified Stock Option (right to buy)F6 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 25,398 | 25,398 | D |
| Non-Qualified Stock Option (right to buy)F7 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 62,389 | 62,389 | D |
| Restricted Stock Units -1F2,F8,F4 | — | holding | — | — | — | — | — | Common Stock | 263,824 | 263,824 | D |
| Restricted Stock Units -2F2,F9,F4 | — | holding | — | — | — | — | — | Common Stock | 6,348 | 6,348 | D |
| Restricted Stock Units -3F2,F10,F4 | — | holding | — | — | — | — | — | Common Stock | 23,395 | 23,395 | D |
Explanation of responses
- F1Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- 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.
- F2Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F3The reporting person received restricted stock units, 1/16th of which vests on 6/15/16, and an additional 1/16th of which vests each quarter 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 11/4/14 and 1/48th per month thereafter.
- F6The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
- F7The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F8The 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.
- 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.