SEC Form 4 · accession 0001071665-17-000002
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
Feb 17, 2017
Accepted (ET)
Feb 21, 2017 · 7:40 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 | Feb 17, 2017 | S | 2,600 | $33.66 | D | 95,279 | D | |
| Common Stock | Feb 17, 2017 | S | 17,400 | $33.65 | D | 77,879 | D | |
| Common Stock | Feb 17, 2017 | M | 3,175 | $22.76 | A | 81,054 | D | |
| Common StockF1 | Feb 17, 2017 | S | 2,887 | $33.6641 | D | 78,167 | D | |
| Common Stock | Feb 17, 2017 | M | 7,799 | $23.21 | A | 85,966 | D | |
| Common StockF1 | Feb 17, 2017 | S | 7,123 | $33.6641 | D | 78,843 | 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 | $22.76 | Feb 17, 2017 | M | 3,175 | D | — | Apr 1, 2021 | Common Stock | 3,175 | 7,407 | D |
| Non-Qualified Stock Option (right to buy)F3 | $23.21 | Feb 17, 2017 | M | 7,799 | D | — | Apr 1, 2022 | Common Stock | 7,799 | 33,794 | D |
| Non-Qualified Stock Option (right to buy)F4 | $20.94 | holding | — | — | — | — | Dec 15, 2020 | Common Stock | 15,669 | 15,669 | D |
| Restricted Stock Units -1F7,F5,F6 | — | holding | — | — | — | — | — | Common Stock | 131,912 | 131,912 | 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 | 74,504 | 74,504 | D |
Explanation of responses
- F1Represents the weighted average price of shares sold at prices that ranged from $33.66 to $33.665.
- 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 12.5% on 10/1/14 and 1/48th per month thereafter.
- F3The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F4The option grant is subject to a four-year vesting schedule, vesting 25% on 11/4/14 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.