SEC Form 4 · accession 0001195983-18-000004
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, 2018
Accepted (ET)
Apr 3, 2018 · 8:02 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, 2018 | M | 28,075 | $0.00 | A | 690,231 | D | |
| Common Stock | Apr 1, 2018 | M | 15,873 | $0.00 | A | 706,104 | D | |
| Common StockF1 | Apr 1, 2018 | F | 7,870 | $40.24 | D | 698,234 | D | |
| Common StockF1 | Apr 1, 2018 | F | 13,920 | $40.24 | D | 684,314 | 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 Unit - 13F2,F3,F4 | — | Apr 1, 2018 | A | 154,076 | A | — | — | Common Stock | 154,076 | 154,076 | D |
| Restricted Stock Units -4F5,F6,F7 | — | Apr 1, 2018 | M | 15,873 | D | — | — | Common Stock | 15,873 | 0 | D |
| Restricted Stock Units -6F5,F8,F7 | — | Apr 1, 2018 | M | 28,075 | D | — | — | Common Stock | 28,075 | 28,074 | 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 Unit - 12F2,F16,F4 | — | holding | — | — | — | — | — | Common Stock | 367,464 | 367,464 | D |
| Restricted Stock Units - 11F2,F17,F4 | — | holding | — | — | — | — | — | Common Stock | 125,112 | 125,112 | D |
| Restricted Stock Units -5F5,F18,F7 | — | holding | — | — | — | — | — | Common Stock | 13,898 | 13,898 | D |
| Restricted Stock Units -7F5,F19,F7 | — | holding | — | — | — | — | — | Common Stock | 11,785 | 11,785 | D |
| Restricted Stock Units -8F5,F20,F7 | — | holding | — | — | — | — | — | Common Stock | 104,691 | 104,691 | 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 restricted stock units.
- 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 was granted 367,464 restricted stock units as a result of the company's achievement of certain performance criteria for 2016/2017. 100% of the shares will vest on 3/15/19.
- F17The 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.
- F18The 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.
- F19The 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 the Issuer's common stock.
- F20The 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.
- F3The reporting person received restricted stock units, 1/16th of which vests on 6/15/18, 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.
- F4Not Applicable.
- F5Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- 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.
- F7Not Applicable.
- F8The 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.
- 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 (2018-2019).