SEC Form 4 · accession 0001218363-16-000010
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Holmes Swan
Director
Period of report
Jul 25, 2016
Accepted (ET)
Jul 27, 2016 · 7:06 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 StockF1,F2 | Jul 25, 2016 | S | 50,000 | $30.6468 | D | 425,288 | 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)F3 | $21.53 | holding | — | — | — | — | Jan 15, 2022 | Common Stock | 41,444 | 41,444 | D |
| Non-Qualified Stock Option (right to buy)F3 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 65,768 | 65,768 | D |
| Non-Qualified Stock Option (right to buy)F3 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 59,840 | 59,840 | D |
| Restricted Stock Units -1F6,F4,F5 | — | holding | — | — | — | — | — | Common Stock | 8,706 | 8,706 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2Represents the weighted average price of shares sold at prices that ranged from $30.31 to $30.85.
- F3The option grant became fully vested.
- F4In connection with the reporting person's service as a non-employee director of the Issuer, such reporting person has been granted restricted stock units. The number of restricted stock units granted represents the quotient of (A) $220,000 divided by (B) the Issuer's closing stock price on the date of grant, rounded up to the nearest whole restricted stock unit. 100% of the restricted stock units vest on the earlier of: (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's first annual meeting of stockholders that occurs after the date of grant, provided that the reporting person continues to provide service to the Issuer through such date.
- F5Not Applicable.
- F6Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.