SEC Form 4 · accession 0001471619-16-000004
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marie Oh Huber
Officer — SVP, General Counsel &
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 8:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065088
Table I — non-derivative securities
No Table I lines on this filing.
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 -2F1,F2,F3 | — | Apr 1, 2016 | A | 40,014 | A | — | — | Common Stock | 40,014 | 40,014 | D |
| Non-Qualified Stock Option (right to buy)F4 | $24.37 | holding | — | — | — | — | Jun 15, 2022 | Common Stock | 72,133 | 72,133 | D |
| Restricted Stock Units -1F1,F5,F3 | — | holding | — | — | — | — | — | Common Stock | 116,215 | 116,215 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F2The 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.
- F3Not Applicable.
- F4The option grant is subject to a four-year vesting schedule, vesting 25% on 6/15/16 and 1/48th per month thereafter.
- F5The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 6/15/16 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.
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).