SEC Form 4 · accession 0001071665-18-000002

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

Mar 1, 2018

Accepted (ET)

Mar 5, 2018 · 8:30 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	Mar 1, 2018	M	32,754	$0.00	A	114,881	D
Common Stock^F1	Mar 1, 2018	F	14,592	$42.27	D	100,289	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 -5^F2,F3,F4	—	Mar 1, 2018	M	32,754	D	—	—	Common Stock	32,754	0	D
Non-Qualified Stock Option (right to buy)^F5	$20.94	holding	—	—	—	—	Dec 15, 2020	Common Stock	2,128	2,128	D
Non-Qualified Stock Option (right to buy)^F6	$22.76	holding	—	—	—	—	Apr 1, 2021	Common Stock	2,646	2,646	D
Non-Qualified Stock Option (right to buy)^F7	$23.21	holding	—	—	—	—	Apr 1, 2022	Common Stock	22,096	22,096	D
Restricted Stock Units -2^F2,F8,F4	—	holding	—	—	—	—	—	Common Stock	3,174	3,174	D
Restricted Stock Units -3^F2,F9,F4	—	holding	—	—	—	—	—	Common Stock	15,596	15,596	D
Restricted Stock Units -4^F2,F10,F4	—	holding	—	—	—	—	—	Common Stock	51,580	51,580	D
Restricted Stock Units -6^F2,F11,F4	—	holding	—	—	—	—	—	Common Stock	53,687	53,687	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 32,754 restricted stock units granted to the Reporting Person on 3/1/17 as a result of the company's achievement of certain performance criteria for 2015/2016 (the award was originally allocated to the reporting person as performance-based restricted stock units).
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.
F11The reporting person received restricted stock units, 1/16th of which vests on 6/15/17, 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.
F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3The reporting person was granted 65,508 restricted stock units as a result of the company's achievement of certain performance criteria for 2015/2016 (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 3/1/18.
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 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.