SEC Form 4 · accession 0001646842-17-000012
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jae Hyun Lee
Officer — SVP, EMEA
Period of report
Sep 15, 2017
Accepted (ET)
Sep 19, 2017 · 5:29 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 | Sep 15, 2017 | M | 3,126 | $0.00 | A | 102,538 | D | |
| Common Stock | Sep 15, 2017 | M | 3,003 | $0.00 | A | 105,541 | 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 -6F1,F2,F3 | — | Sep 15, 2017 | M | 3,126 | D | — | — | Common Stock | 3,126 | 31,260 | D |
| Restricted Stock Units -8F1,F4,F3 | — | Sep 15, 2017 | M | 3,003 | D | — | — | Common Stock | 3,003 | 42,049 | D |
| Restricted Stock Units -9F1,F5,F3 | — | Sep 15, 2017 | A | 32,088 | A | — | — | Common Stock | 32,088 | 32,088 | D |
| Non-Qualified Stock Option (right to buy)F6 | $22.63 | holding | — | — | — | — | Apr 1, 2020 | Common Stock | 1,164 | 1,164 | D |
| Non-Qualified Stock Option (right to buy)F7 | $22.76 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 6,297 | 6,297 | D |
| Non-Qualified Stock Option (right to buy)F8 | $23.21 | holding | — | — | — | — | Apr 1, 2022 | Common Stock | 39,912 | 39,912 | D |
| Restricted Stock Units -3F1,F9,F3 | — | holding | — | — | — | — | — | Common Stock | 2,698 | 2,698 | D |
| Restricted Stock Units -5F1,F10,F3 | — | holding | — | — | — | — | — | Common Stock | 12,477 | 12,477 | D |
| Restricted Stock Units -7F1,F11,F3 | — | holding | — | — | — | — | — | Common Stock | 26,204 | 26,204 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F10The 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.
- F11The 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.
- F2The 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.
- F3Not Applicable.
- F4The 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.
- F5The reporting person received restricted stock units, 1/16th of which vests on 12/15/17, 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.
- F6The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
- F7The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
- F8The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
- F9The 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.
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 (2017-2018).