SEC Form 4 · accession 0001647222-16-000007
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
III Harry A Lawton
Officer — SVP, North America
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 7:23 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 Stock | Dec 15, 2016 | M | 3,647 | $0.00 | A | 29,824 | D | |
| Common StockF1 | Dec 15, 2016 | F | 1,904 | $29.73 | D | 27,920 | 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 -2F2,F3,F4 | — | Dec 15, 2016 | M | 3,647 | D | — | — | Common Stock | 3,647 | 47,411 | D |
| Non-Qualified Stock Option (right to buy)F5 | $24.37 | holding | — | — | — | — | Jun 15, 2022 | Common Stock | 72,133 | 72,133 | D |
| Restricted Stock Units -1F2,F6,F4 | — | holding | — | — | — | — | — | Common Stock | 117,212 | 117,212 | D |
Explanation of responses
- F1No shares were sold - these shares were withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3The 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.
- F4Not Applicable.
- F5The option grant is subject to a four-year vesting schedule, vesting 25% on 6/15/16 and 1/48th per month thereafter.
- F6The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 6/15/16 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.