SEC Form 4 · accession 0001645504-16-000010

EBAY INC · EBAY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Scott F. Schenkel

Officer — SVP, Chief Financial Officer

Period of report

Apr 1, 2016

Accepted (ET)

Apr 5, 2016 · 7:48 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, 2016	M	25,033	$0.00	A	100,013	D
Common Stock^F1	Apr 1, 2016	F	13,064	$23.88	D	86,949	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 Units -2^F2,F3,F4	—	Apr 1, 2016	M	5,540	D	—	—	Common Stock	5,540	0	D
Restricted Stock Units -3^F2,F5,F4	—	Apr 1, 2016	M	3,489	D	—	—	Common Stock	3,489	3,489	D
Restricted Stock Units -4^F2,F6,F4	—	Apr 1, 2016	M	5,398	D	—	—	Common Stock	5,398	10,792	D
Restricted Stock Units -6^F2,F7,F4	—	Apr 1, 2016	M	10,606	D	—	—	Common Stock	10,606	31,817	D
Restricted Stock Units -9^F2,F8,F4	—	Apr 1, 2016	A	100,034	A	—	—	Common Stock	100,034	100,034	D
Non-Qualified Stock Option (right to buy)^F9	$14.86	holding	—	—	—	—	Apr 2, 2019	Common Stock	10,157	10,157	D
Non-Qualified Stock Option (right to buy)^F10	$20.41	holding	—	—	—	—	Oct 15, 2021	Common Stock	47,252	47,252	D
Non-Qualified Stock Option (right to buy)^F11	$22.63	holding	—	—	—	—	Apr 1, 2020	Common Stock	27,914	27,914	D
Non-Qualified Stock Option (right to buy)^F12	$22.76	holding	—	—	—	—	Apr 1, 2021	Common Stock	43,174	43,174	D
Non-Qualified Stock Option (right to buy)^F13	$23.21	holding	—	—	—	—	Apr 1, 2022	Common Stock	84,847	84,847	D
Non-Qualified Stock Option (right to buy)^F14	$26.92	holding	—	—	—	—	Jul 17, 2022	Common Stock	108,432	108,432	D
Restricted Stock Units -5^F2,F15,F4	—	holding	—	—	—	—	—	Common Stock	17,720	17,720	D
Restricted Stock Units -7^F2,F16,F4	—	holding	—	—	—	—	—	Common Stock	7,072	7,072	D
Restricted Stock Units -8^F2,F17,F4	—	holding	—	—	—	—	—	Common Stock	47,144	47,144	D

Explanation of responses

F1Represents shares reacquired to satisfy tax withholding obligations in connection with (a) the vesting of 5,540 shares of restricted stock units granted to the Reporting Person on 4/2/12, (b) 3,489 shares of restricted stock units granted to the Reporting Person on 4/1/13, (c) 5,398 shares of restricted stock units granted to the Reporting Person on 4/1/14 and (d) 10,606 shares of restricted stock units granted to the Reporting Person on 4/1/15.
F10The option grant is subject to a four-year vesting schedule, vesting 12.5% on 3/30/15 and 1/48th per month thereafter.
F11The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
F12The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
F13The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
F14The 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.
F15The 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.
F16The 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.
F17The 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.
F2Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
F3The 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.
F4Not Applicable.
F5The 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.
F6The 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.
F7The 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.
F8The 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.
F9The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 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 (2016-2017).