SEC Form 4 · accession 0001645504-18-000001
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
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 6:27 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 28, 2018 | S | 28,688 | $43.2994 | D | 91,757 | D | |
| Common Stock | Feb 28, 2018 | S | 1,169 | $43.315 | D | 90,588 | D | |
| Common Stock | Feb 28, 2018 | M | 60,100 | $23.21 | A | 150,688 | D | |
| Common Stock | Feb 28, 2018 | S | 60,100 | $43.2381 | D | 90,588 | D | |
| Common Stock | Feb 28, 2018 | M | 41,375 | $22.76 | A | 131,963 | D | |
| Common Stock | Feb 28, 2018 | S | 41,375 | $43.2381 | D | 90,588 | D | |
| Common StockF2 | Mar 1, 2018 | F | 44,172 | $42.27 | D | 46,416 | D | |
| Common Stock | Mar 1, 2018 | M | 89,091 | $0.00 | A | 135,507 | D | |
| Common Stock | Mar 1, 2018 | M | 107,335 | $0.00 | A | 242,842 | D | |
| Common StockF3 | Mar 1, 2018 | F | 53,217 | $42.27 | D | 189,625 | 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 | $22.76 | Feb 28, 2018 | M | 41,375 | D | — | Apr 1, 2021 | Common Stock | 41,375 | 1,799 | D |
| Non-Qualified Stock Option (right to buy)F5 | $23.21 | Feb 28, 2018 | M | 60,100 | D | — | Apr 1, 2022 | Common Stock | 60,100 | 24,747 | D |
| Restricted Stock Units - 11F6,F7,F8 | — | Mar 1, 2018 | M | 107,335 | D | — | — | Common Stock | 107,335 | 0 | D |
| Restricted Stock Units -10F6,F9,F8 | — | Mar 1, 2018 | M | 89,091 | D | — | — | Common Stock | 89,091 | 0 | D |
| Non-Qualified Stock Option (right to buy)F10 | $14.86 | holding | — | — | — | — | Apr 2, 2019 | Common Stock | 10,157 | 10,157 | D |
| Non-Qualified Stock Option (right to buy)F11 | $20.41 | holding | — | — | — | — | Oct 15, 2021 | Common Stock | 47,252 | 47,252 | D |
| Non-Qualified Stock Option (right to buy)F12 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 27,914 | 27,914 | D |
| Non-Qualified Stock Option (right to buy)F13 | $26.92 | holding | — | — | — | — | Jul 17, 2022 | Common Stock | 108,432 | 108,432 | D |
| Restricted Stock Unit - 12F6,F14,F8 | — | holding | — | — | — | — | — | Common Stock | 66,377 | 66,377 | D |
| Restricted Stock Units -4F6,F15,F8 | — | holding | — | — | — | — | — | Common Stock | 5,394 | 5,394 | D |
| Restricted Stock Units -5F6,F16,F8 | — | holding | — | — | — | — | — | Common Stock | 5,906 | 5,906 | D |
| Restricted Stock Units -6F6,F17,F8 | — | holding | — | — | — | — | — | Common Stock | 21,211 | 21,211 | D |
| Restricted Stock Units -7F6,F18,F8 | — | holding | — | — | — | — | — | Common Stock | 3,536 | 3,536 | D |
| Restricted Stock Units -8F6,F19,F8 | — | holding | — | — | — | — | — | Common Stock | 47,144 | 47,144 | D |
| Restricted Stock Units -9F6,F20,F8 | — | holding | — | — | — | — | — | Common Stock | 56,269 | 56,269 | D |
Explanation of responses
- F1Represents the weighted average price of shares sold at prices that ranged from $43.29 to $43.32.
- F10The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
- F11The option grant is subject to a four-year vesting schedule, vesting 12.5% on 3/30/15 and 1/48th per month thereafter.
- F12The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
- F13The 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.
- F14The reporting person received restricted stock units, 1/16th of which vests on 6/15/17, 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.
- F15The 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.
- F16The 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.
- F17The 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.
- F18The 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.
- F19The 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.
- F2No shares were sold - these shares were withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of 89,091 restricted stock units granted to the Reporting Person on 3/1/17 as a result of the company's achievement of certain performance criteria for 2015/2016 (the award was originally allocated to the reporting person as performance-based restricted stock units).
- F20The 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.
- F3No shares were sold - these shares were withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of 107,335 restricted stock units granted to the Reporting Person on 3/1/17 as a result of the company's achievement of certain performance criteria for 2015/2016 (the award was originally allocated to the reporting person as performance-based restricted stock units).
- F4The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
- F5The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F6Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F7The reporting person was granted 107,335 restricted stock units as a result of the company's achievement of certain performance criteria for 2015/2016 (the award was originally allocated to the reporting person as performance-based restricted stock units in July 2015). 100% of the shares vested will vest on 3/1/18.
- F8Not Applicable.
- F9The reporting person was granted 89,091 restricted stock units as a result of the company's achievement of certain performance criteria for 2015/2016. 100% of the shares will vest on 3/1/18.