SEC Form 4 · accession 0001646842-17-000008
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jae Hyun Lee
Officer — SVP, Asia Pacific
Period of report
May 16, 2017
Accepted (ET)
May 19, 2017 · 5:20 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 | May 16, 2017 | S | 10,000 | $34.3801 | D | 108,605 | D | |
| Common Stock | May 16, 2017 | S | 10,000 | $34.75 | D | 98,605 | 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)F1 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 1,164 | 1,164 | D |
| Non-Qualified Stock Option (right to buy)F2 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 6,297 | 6,297 | D |
| Non-Qualified Stock Option (right to buy)F3 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 39,912 | 39,912 | D |
| Restricted Stock Units -3F6,F4,F5 | — | holding | — | — | — | — | — | Common Stock | 2,698 | 2,698 | D |
| Restricted Stock Units -5F6,F7,F5 | — | holding | — | — | — | — | — | Common Stock | 12,477 | 12,477 | D |
| Restricted Stock Units -6F6,F8,F5 | — | holding | — | — | — | — | — | Common Stock | 37,512 | 37,512 | D |
| Restricted Stock Units -7F6,F9,F5 | — | holding | — | — | — | — | — | Common Stock | 26,204 | 26,204 | D |
| Restricted Stock Units -8F6,F10,F5 | — | holding | — | — | — | — | — | Common Stock | 48,056 | 48,056 | D |
Explanation of responses
- F1The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
- F10The 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.
- F2The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
- F3The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F4The 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.
- F5Not Applicable.
- F6Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- 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 reporting person was granted 52,408 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). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/18.