SEC Form 4 · accession 0001647222-17-000008
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
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 4:10 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 StockF1 | Jul 27, 2017 | S | 13,000 | $35.9329 | D | 45,488 | 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 | $24.37 | holding | — | — | — | — | Jun 15, 2022 | Common Stock | 72,133 | 72,133 | D |
| Restricted Stock Units -1F5,F3,F4 | — | holding | — | — | — | — | — | Common Stock | 78,139 | 78,139 | D |
| Restricted Stock Units -2F5,F6,F4 | — | holding | — | — | — | — | — | Common Stock | 40,117 | 40,117 | D |
| Restricted Stock Units -5F5,F7,F4 | — | holding | — | — | — | — | — | Common Stock | 37,870 | 37,870 | D |
| Restricted Stock Units -6F5,F8,F4 | — | holding | — | — | — | — | — | Common Stock | 50,684 | 50,684 | D |
Explanation of responses
- F1Represents the weighted average price of shares sold at prices that ranged from $35.93 to $35.94.
- F2The option grant is subject to a four-year vesting schedule, vesting 25% on 6/15/16 and 1/48th per month thereafter.
- 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.
- F5Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F6The 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.
- F7The 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.
- F8The 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.