SEC Form 4 · accession 0001645663-16-000009
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kristin A Yetto
Officer — SVP, Chief People Officer
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 8:01 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 | 27,861 | $0.00 | A | 52,553 | D | |
| Common StockF1 | Apr 1, 2016 | F | 13,580 | $23.88 | D | 38,973 | 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 -1F2,F3,F4 | — | Apr 1, 2016 | M | 14,958 | D | — | — | Common Stock | 14,958 | 0 | D |
| Restricted Stock Units -2F2,F5,F4 | — | Apr 1, 2016 | M | 3,489 | D | — | — | Common Stock | 3,489 | 3,489 | D |
| Restricted Stock Units -3F2,F6,F4 | — | Apr 1, 2016 | M | 3,174 | D | — | — | Common Stock | 3,174 | 6,348 | D |
| Restricted Stock Units -5F2,F7,F4 | — | Apr 1, 2016 | M | 6,240 | D | — | — | Common Stock | 6,240 | 18,717 | D |
| Restricted Stock Units -7F2,F8,F4 | — | Apr 1, 2016 | A | 50,017 | A | — | — | Common Stock | 50,017 | 50,017 | D |
| Non-Qualified Stock Option (right to buy)F9 | $13.12 | holding | — | — | — | — | Mar 1, 2018 | Common Stock | 3,939 | 3,939 | D |
| Non-Qualified Stock Option (right to buy)F10 | $14.86 | holding | — | — | — | — | Apr 2, 2019 | Common Stock | 19,392 | 19,392 | 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 | 25,398 | 25,398 | D |
| Non-Qualified Stock Option (right to buy)F13 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 49,912 | 49,912 | D |
| Non-Qualified Stock Option (right to buy)F14 | $26.92 | holding | — | — | — | — | Jul 17, 2022 | Common Stock | 47,144 | 47,144 | D |
| Restricted Stock Units -4F2,F15,F4 | — | holding | — | — | — | — | — | Common Stock | 37,242 | 37,242 | D |
| Restricted Stock Units -6F2,F16,F4 | — | holding | — | — | — | — | — | Common Stock | 23,573 | 23,573 | D |
Explanation of responses
- F1Represents shares reacquired to satisfy tax withholding obligations in connection with (a)the vesting of 14,958 shares of restricted stock units granted to the Reporting Person on 4/2/12, (b) the vesting of 3,489 of restricted stock units granted to the Reporting Person on 4/1/13, (c) the vesting of 3,174 restricted stock units granted to the Reporting Person on 4/1/14 and (d) the vesting of 6,240 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 10/1/12 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 is 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 6/15/15 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 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 9/1/11 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).