SEC Form 4 · accession 0001195983-16-000005

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

Apr 1, 2016

Accepted (ET)

Apr 5, 2016 · 7:59 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	Apr 1, 2016	M	78,013	$0.00	A	477,120	D
Common Stock^F1	Apr 1, 2016	F	40,709	$23.88	D	436,411	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 -2^F2,F3,F4	—	Apr 1, 2016	M	16,621	D	—	—	Common Stock	16,621	0	D
Restricted Stock Units -3^F2,F5,F4	—	Apr 1, 2016	M	17,444	D	—	—	Common Stock	17,444	17,444	D
Restricted Stock Units -4^F2,F6,F4	—	Apr 1, 2016	M	15,873	D	—	—	Common Stock	15,873	31,746	D
Restricted Stock Units -6^F2,F7,F4	—	Apr 1, 2016	M	28,075	D	—	—	Common Stock	28,075	84,224	D
Restricted Stock Units -8^F2,F8,F4	—	Apr 1, 2016	A	209,381	A	—	—	Common Stock	209,381	209,381	D
Non-Qualified Stock Option (right to buy)^F9	$13.69	holding	—	—	—	—	Oct 14, 2018	Common Stock	134,207	134,207	D
Non-Qualified Stock Option (right to buy)^F9	$14.67	holding	—	—	—	—	Apr 13, 2019	Common Stock	134,207	134,207	D
Non-Qualified Stock Option (right to buy)^F10	$14.86	holding	—	—	—	—	Apr 2, 2019	Common Stock	83,108	83,108	D
Non-Qualified Stock Option (right to buy)^F11	$20.41	holding	—	—	—	—	Oct 15, 2021	Common Stock	111,183	111,183	D
Non-Qualified Stock Option (right to buy)^F12	$22.63	holding	—	—	—	—	Apr 1, 2020	Common Stock	139,563	139,563	D
Non-Qualified Stock Option (right to buy)^F13	$22.76	holding	—	—	—	—	Apr 1, 2021	Common Stock	126,982	126,982	D
Non-Qualified Stock Option (right to buy)^F14	$23.21	holding	—	—	—	—	Apr 1, 2022	Common Stock	224,595	224,595	D
Non-Qualified Stock Option (right to buy)^F15	$26.92	holding	—	—	—	—	Jul 17, 2022	Common Stock	47,144	47,144	D
Restricted Stock Units -5^F2,F16,F4	—	holding	—	—	—	—	—	Common Stock	41,694	41,694	D
Restricted Stock Units -7^F2,F17,F4	—	holding	—	—	—	—	—	Common Stock	23,573	23,573	D

Explanation of responses

F1Represents shares reacquired to satisfy tax withholding obligations in connection with (a) the vesting of 16,621 shares of restricted stock units granted to the Reporting Person on 4/2/12, (b) the vesting of 17,444 shares of restricted stock units granted to the Reporting Person on 4/1/13, (c) the vesting of 15,873 shares of restricted stock units granted to the Reporting Person on 4/1/14 and (d) the vesting of 28,075 shares of restricted stock units granted to the Reporting Person 4/1/15.
F10The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
F11The option grant is subject to a four-year vesting schedule, vesting 12.5% on 3/30/15 and 1/48th per month thereafter.
F12The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
F13The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
F14The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
F15The option grant is subject to a four-year vesting schedule, vesting 12.5% on 01/17/16 and 1/48th per month thereafter.
F16The reporting person received 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.
F17The reporting person received 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.
F2Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
F3The reporting person received 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.
F4Not Applicable.
F5The reporting person received 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.
F6The reporting person received 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.
F7The reporting person received 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.
F8The 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.
F9The option grant is subject to a four-year vesting schedule, vesting 25% on 9/26/12 and 1/48th per month thereafter.

Remarks

In addition to the equity grant described above, the compensation committee granted performance-based restricted stock units to the reporting person, the achievement of which is based on certain performance criteria over a two-year period (2016-2017).