SEC Form 4 · accession 0001218363-16-000004
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Holmes Swan
Director
Period of report
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 5:23 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 | Feb 1, 2016 | A | 836 | $0.00 | A | 524,469 | D | |
| Common StockF2,F3 | Feb 1, 2016 | S | 50,000 | $23.7413 | D | 474,469 | 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)F4 | $21.53 | holding | — | — | — | — | Jan 15, 2022 | Common Stock | 41,444 | 41,444 | D |
| Non-Qualified Stock Option (right to buy)F4 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 65,768 | 65,768 | D |
| Non-Qualified Stock Option (right to buy)F5 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 59,840 | 59,840 | D |
Explanation of responses
- F1The Reporting Person elected to receive fully vested Deferred Stock Units ("DSUs") in lieu of the annual retainer fees payable for services on the Issuer's Board of Directors and any committees thereof. DSUs represent a right to receive shares of the Issuer's common stock upon termination of service as a Director of the Issuer. The DSUs were awarded on the date such fees would otherwise be payable, and the number of DSUs granted represent the quotient of (A) such fees divided by (B) the Issuer's closing stock price on the date of grant, rounded up to the next whole DSU.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F3Represents the weighted average price of shares sold at prices that ranged from $23.29 to $23.92.
- F4The option grant became fully vested on July 17, 2015.
- F5The option grant became fully vested.