SEC Form 4 · accession 0001071665-16-000026
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
Aug 31, 2016
Accepted (ET)
Sep 1, 2016 · 5:49 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 31, 2016 | M | 6,268 | $20.94 | A | 32,738 | D | |
| Common StockF1 | Aug 31, 2016 | S | 5,758 | $32.1436 | D | 26,980 | D | |
| Common Stock | Aug 31, 2016 | M | 14,816 | $22.76 | A | 41,796 | D | |
| Common StockF1 | Aug 31, 2016 | S | 13,813 | $32.1436 | D | 27,983 | D | |
| Common Stock | Aug 31, 2016 | M | 20,796 | $23.21 | A | 48,779 | D | |
| Common StockF1 | Aug 31, 2016 | S | 19,459 | $32.1436 | D | 29,320 | 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)F2 | $20.94 | Aug 31, 2016 | M | 6,268 | D | — | Dec 15, 2020 | Common Stock | 6,268 | 15,669 | D |
| Non-Qualified Stock Option (right to buy)F3 | $22.76 | Aug 31, 2016 | M | 14,816 | D | — | Apr 1, 2021 | Common Stock | 14,816 | 10,582 | D |
| Non-Qualified Stock Option (right to buy)F4 | $23.21 | Aug 31, 2016 | M | 20,796 | D | — | Apr 1, 2022 | Common Stock | 20,796 | 41,593 | D |
| Restricted Stock Units -1F7,F5,F6 | — | holding | — | — | — | — | — | Common Stock | 263,824 | 263,824 | D |
| Restricted Stock Units -2F7,F8,F6 | — | holding | — | — | — | — | — | Common Stock | 6,348 | 6,348 | D |
| Restricted Stock Units -3F7,F9,F6 | — | holding | — | — | — | — | — | Common Stock | 23,395 | 23,395 | D |
| Restricted Stock Units -4F7,F10,F6 | — | holding | — | — | — | — | — | Common Stock | 85,966 | 85,966 | D |
Explanation of responses
- F1Represents the weighted average price of shares sold at prices that ranged from $32.13 to $32.15.
- F10The 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.
- F2The option grant is subject to a four-year vesting schedule, vesting 25% on 11/4/14 and 1/48th per month thereafter.
- F3The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 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 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.
- F6Not Applicable.
- F7Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F8The 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.
- F9The 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.