SEC Form 4 · accession 0001071665-16-000029
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
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 7:38 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, 2016 | M | 6,267 | $0.00 | A | 38,327 | D | |
| Common Stock | Dec 15, 2016 | M | 125,645 | $0.00 | A | 163,972 | D | |
| Common Stock | Dec 15, 2016 | M | 5,731 | $0.00 | A | 169,703 | D | |
| Common StockF1 | Dec 15, 2016 | F | 71,824 | $29.73 | D | 97,879 | 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 -1F2,F3,F4 | — | Dec 15, 2016 | M | 6,267 | D | — | — | Common Stock | 6,267 | 257,557 | D |
| Restricted Stock Units -1F2,F3,F4 | — | Dec 15, 2016 | M | 125,645 | D | — | — | Common Stock | 125,645 | 131,912 | D |
| Restricted Stock Units -4F2,F5,F4 | — | Dec 15, 2016 | M | 5,731 | D | — | — | Common Stock | 5,731 | 74,504 | D |
| Non-Qualified Stock Option (right to buy)F6 | $20.94 | holding | — | — | — | — | Dec 15, 2020 | Common Stock | 15,669 | 15,669 | D |
| Non-Qualified Stock Option (right to buy)F7 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 10,582 | 10,582 | D |
| Non-Qualified Stock Option (right to buy)F8 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 41,593 | 41,593 | 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
- F1No shares were sold- these shares were withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of 6,267 restricted stock units and 125,645 restricted stock units granted to the reporting person on 12/15/2013 and 5,731 restricted stock units granted to the reporting person on 04/01/2016.
- 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 the Issuer's common stock.
- F3The 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.
- F4Not Applicable.
- F5The 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.
- 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.