SEC Form 4 · accession 0001646842-15-000006
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jae Hyun Lee
Officer — SVP, eBay Marketplaces Asia
Period of report
Nov 3, 2015
Accepted (ET)
Nov 5, 2015 · 5:41 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 | Nov 3, 2015 | M | 7,677 | $14.86 | A | 136,211 | D | |
| Common StockF1 | Nov 3, 2015 | S | 7,677 | $28.89 | D | 128,534 | D | |
| Common StockF1 | Nov 3, 2015 | S | 10,000 | $29.03 | D | 118,534 | D | |
| Common StockF1 | Nov 3, 2015 | S | 10,000 | $28.73 | D | 108,534 | 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)F2 | $14.86 | Nov 3, 2015 | M | 7,677 | D | — | Apr 2, 2019 | Common Stock | 7,677 | 1,086 | D |
| Non-Qualified Stock Option (right to buy)F3 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 27,914 | 27,914 | D |
| Non-Qualified Stock Option (right to buy)F4 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 21,588 | 21,588 | D |
| Non-Qualified Stock Option (right to buy)F5 | $23.10 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 49,912 | 49,912 | D |
| Restricted Stock Units -1F8,F6,F7 | — | holding | — | — | — | — | — | Common Stock | 3,755 | 3,755 | D |
| Restricted Stock Units -2F8,F9,F7 | — | holding | — | — | — | — | — | Common Stock | 6,978 | 6,978 | D |
| Restricted Stock Units -3F8,F10,F7 | — | holding | — | — | — | — | — | Common Stock | 8,096 | 8,096 | D |
| Restricted Stock Units -5F8,F11,F7 | — | holding | — | — | — | — | — | Common Stock | 24,957 | 24,957 | D |
Explanation of responses
- F1Represents 5,001 shares of common stock that remain unvested and which were a portion of the shares of common stock granted 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). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/16.
- F10The 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.
- F11The 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.
- F2The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
- F3The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
- 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.
- F6The 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.
- F7Not Applicable.
- F8Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- F9The 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.