SEC Form 4 · accession 0001195983-16-000003
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Devin Wenig
Officer — President and CEO
Period of report
Mar 1, 2016
Accepted (ET)
Mar 2, 2016 · 8:45 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 StockF1 | Mar 1, 2016 | A | 77,249 | $0.00 | A | 382,320 | D | |
| Common StockF2 | Mar 1, 2016 | A | 67,637 | $0.00 | A | 449,957 | D | |
| Common StockF3 | Mar 1, 2016 | F | 20,155 | $24.25 | D | 429,802 | D | |
| Common StockF4 | Mar 1, 2016 | F | 17,647 | $24.25 | D | 412,155 | D | |
| Common StockF5 | Mar 1, 2016 | F | 13,048 | $24.25 | D | 399,107 | 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)F6 | $13.69 | holding | — | — | — | — | Oct 14, 2018 | Common Stock | 134,207 | 134,207 | D |
| Non-Qualified Stock Option (right to buy)F6 | $14.67 | holding | — | — | — | — | Apr 13, 2019 | Common Stock | 134,207 | 134,207 | D |
| Non-Qualified Stock Option (right to buy)F7 | $14.86 | holding | — | — | — | — | Apr 2, 2019 | Common Stock | 83,108 | 83,108 | D |
| Non-Qualified Stock Option (right to buy)F8 | $20.41 | holding | — | — | — | — | Oct 15, 2021 | Common Stock | 111,183 | 111,183 | D |
| Non-Qualified Stock Option (right to buy)F9 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 139,563 | 139,563 | D |
| Non-Qualified Stock Option (right to buy)F10 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 126,982 | 126,982 | D |
| Non-Qualified Stock Option (right to buy)F11 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 224,595 | 224,595 | D |
| Non-Qualified Stock Option (right to buy)F12 | $26.92 | holding | — | — | — | — | Jul 17, 2022 | Common Stock | 47,144 | 47,144 | D |
| Restricted Stock Units -2F15,F13,F14 | — | holding | — | — | — | — | — | Common Stock | 16,621 | 16,621 | D |
| Restricted Stock Units -3F15,F16,F14 | — | holding | — | — | — | — | — | Common Stock | 34,888 | 34,888 | D |
| Restricted Stock Units -4F15,F17,F14 | — | holding | — | — | — | — | — | Common Stock | 47,619 | 47,619 | D |
| Restricted Stock Units -5F15,F18,F14 | — | holding | — | — | — | — | — | Common Stock | 41,694 | 41,694 | D |
| Restricted Stock Units -6F15,F19,F14 | — | holding | — | — | — | — | — | Common Stock | 112,299 | 112,299 | D |
| Restricted Stock Units -7F15,F20,F14 | — | holding | — | — | — | — | — | Common Stock | 23,573 | 23,573 | D |
Explanation of responses
- F1The reporting person was granted 77,249 restricted stock units as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units in April 2015). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/17.
- F10The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
- F11The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F12The option grant is subject to a four-year vesting schedule, vesting 12.5% on 01/17/16 and 1/48th per month thereafter.
- F13The reporting person received 27,000 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/13 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.
- F14Not Applicable.
- F15Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F16The reporting person received 28,338 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/14 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.
- F17The reporting person received 25,784 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/15 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.
- F18The reporting person received 22,576 restricted stock units subject to a four-year vesting schedule, vesting 25% on 10/15/15 and 25% each 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.
- F19The reporting person received 45,604 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/16 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.
- F2The reporting person was granted 67,637 restricted stock units as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units in October 2015). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/17.
- F20The reporting person received 23,573 restricted stock units subject to a four-year vesting schedule, vesting 25% on 7/17/16 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.
- F3Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 38,625 restricted stock units granted to the Reporting Person on 3/1/16 as a result of the company's achievement of certain performance criteria for 2014/2015 (the annual award was originally allocated to the reporting person as performance-based restricted stock units in April 2015)(see footnote 1).
- F4Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 33,819 restricted stock units granted to the Reporting Person on 3/1/16 as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units in October 2015 in connection to the spin-off)(see footnote 2).
- F5Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 25,004 restricted stock units granted to the Reporting Person on 3/2/15 as a result of the company's achievement of certain performance criteria for 2013/2014 (the award was originally allocated to the reporting person as performance-based restricted stock units).
- F6The option grant is subject to a four-year vesting schedule, vesting 25% on 9/26/12 and 1/48th per month thereafter.
- F7The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
- F8The option grant is subject to a four-year vesting schedule, vesting 12.5% on 3/30/15 and 1/48th per month thereafter.
- F9The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
Remarks
In addition, Table I, Column 5, includes 1 share acquired under eBay's Employee Stock Purchase Plan on October 30, 2015.