SEC Form 4 · accession 0001647222-17-000006
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
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 9:00 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 | Jun 15, 2017 | M | 39,073 | $0.00 | A | 75,519 | D | |
| Common StockF1 | Jun 15, 2017 | F | 20,389 | $34.09 | D | 55,130 | D | |
| Common Stock | Jun 15, 2017 | M | 3,647 | $0.00 | A | 58,777 | D | |
| Common StockF1 | Jun 15, 2017 | F | 1,904 | $34.09 | D | 56,873 | D | |
| Common Stock | Jun 15, 2017 | M | 3,379 | $0.00 | A | 60,252 | D | |
| Common StockF1 | Jun 15, 2017 | F | 1,764 | $34.09 | D | 58,488 | 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 | — | Jun 15, 2017 | M | 39,073 | D | — | — | Common Stock | 39,073 | 78,139 | D |
| Restricted Stock Units -2F2,F5,F4 | — | Jun 15, 2017 | M | 3,647 | D | — | — | Common Stock | 3,647 | 40,117 | D |
| Restricted Stock Units -6F2,F6,F4 | — | Jun 15, 2017 | M | 3,379 | D | — | — | Common Stock | 3,379 | 50,684 | D |
| Non-Qualified Stock Option (right to buy)F7 | $24.37 | holding | — | — | — | — | Jun 15, 2022 | Common Stock | 72,133 | 72,133 | D |
| Restricted Stock Units -5F2,F8,F4 | — | holding | — | — | — | — | — | Common Stock | 37,870 | 37,870 | 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 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.
- F4Not Applicable.
- F5The 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.
- F6The 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.
- F7The option grant is subject to a four-year vesting schedule, vesting 25% on 6/15/16 and 1/48th per month thereafter.
- F8The reporting person was granted 75,740 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.