SEC Form 4 · accession 0001645504-16-000008
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott F. Schenkel
Officer — Chief Financial Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 6:06 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 | Mar 1, 2016 | A | 26,265 | $0.00 | A | 62,524 | D | |
| Common StockF2 | Mar 1, 2016 | A | 28,746 | $0.00 | A | 91,270 | D | |
| Common StockF3 | Mar 1, 2016 | F | 6,180 | $24.25 | D | 85,090 | D | |
| Common StockF4 | Mar 1, 2016 | F | 7,500 | $24.25 | D | 77,590 | D | |
| Common StockF5 | Mar 1, 2016 | F | 2,610 | $24.25 | D | 74,980 | 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)F6 | $14.86 | holding | — | — | — | — | Apr 2, 2019 | Common Stock | 10,157 | 10,157 | D |
| Non-Qualified Stock Option (right to buy)F7 | $20.41 | holding | — | — | — | — | Oct 15, 2021 | Common Stock | 47,252 | 47,252 | D |
| Non-Qualified Stock Option (right to buy)F8 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 27,914 | 27,914 | D |
| Non-Qualified Stock Option (right to buy)F9 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 43,174 | 43,174 | D |
| Non-Qualified Stock Option (right to buy)F10 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 84,847 | 84,847 | D |
| Non-Qualified Stock Option (right to buy)F11 | $26.92 | holding | — | — | — | — | Jul 17, 2022 | Common Stock | 108,432 | 108,432 | D |
| Restricted Stock Units -2F14,F12,F13 | — | holding | — | — | — | — | — | Common Stock | 5,540 | 5,540 | D |
| Restricted Stock Units -3F14,F15,F13 | — | holding | — | — | — | — | — | Common Stock | 6,978 | 6,978 | D |
| Restricted Stock Units -4F14,F16,F13 | — | holding | — | — | — | — | — | Common Stock | 16,190 | 16,190 | D |
| Restricted Stock Units -5F14,F17,F13 | — | holding | — | — | — | — | — | Common Stock | 17,720 | 17,720 | D |
| Restricted Stock Units -6F14,F18,F13 | — | holding | — | — | — | — | — | Common Stock | 42,423 | 42,423 | D |
| Restricted Stock Units -7F14,F19,F13 | — | holding | — | — | — | — | — | Common Stock | 7,072 | 7,072 | D |
| Restricted Stock Units -8F14,F20,F13 | — | holding | — | — | — | — | — | Common Stock | 47,144 | 47,144 | D |
Explanation of responses
- F1The reporting person was granted 26,265 restricted stock units as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units in April 2015). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/17.
- F10The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F11The option grant reflects 94,288 shares that vest in full on 7/17/18 and 14,144 shares subject to a four-year vesting schedule, vesting 12.5% on 1/17/16 and 1/48th per month thereafter.
- F12The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/2013 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.
- F13Not Applicable.
- F14Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F15The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/2014 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.
- F16The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/2015 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.
- F17The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 10/15/15 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.
- F18The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/2016 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.
- 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.
- F2The reporting person was granted 28,746 restricted stock units as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units in October 2015). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/17.
- F20The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 100% on 7/17/18. 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.
- F3Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 13,133 restricted stock units of restricted stock granted to the Reporting Person on 3/1/16 as a result of the company's achievement of certain performance criteria for 2014/2015 (this annual award was originally allocated to the reporting person as performance-based restricted stock units in April 2015)(see footnote 1).
- F4Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 14,373 restricted stock units granted to the Reporting Person on 3/1/16 as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units in October 2015 in connection to the spin-off)(see footnote 2).
- F5Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 5,001 restricted stock units granted to the Reporting Person on 3/2/15 as a result of the company's achievement of certain performance criteria for 2013/2014 (the award was originally allocated to the reporting person as performance-based restricted stock units).
- F6The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
- F7The option grant is subject to a four-year vesting schedule, vesting 12.5% on 3/30/15 and 1/48th per month thereafter.
- F8The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
- F9The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
Remarks
In addition, Table I, Column 5, includes 1 share acquired under eBay's Employee Stock Purchase Plan on October 30, 2015.