SEC Form 4 · accession 0001715537-18-000003
EBAY INC · EBAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Cutler
Officer — SVP, Americas
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 9:16 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, 2018 | M | 40,074 | $0.00 | A | 84,013 | D | |
| Common StockF1 | Jun 15, 2018 | F | 19,869 | $38.89 | D | 64,144 | D | |
| Common Stock | Jun 15, 2018 | M | 20,037 | $0.00 | A | 84,181 | D | |
| Common StockF1 | Jun 15, 2018 | F | 8,526 | $38.89 | D | 75,655 | D | |
| Common Stock | Jun 15, 2018 | M | 6,512 | $0.00 | A | 82,167 | D | |
| Common Stock | Jun 15, 2018 | M | 1,877 | $0.00 | A | 84,044 | D | |
| Common StockF1 | Jun 15, 2018 | F | 931 | $38.89 | D | 83,113 | D | |
| Common Stock | Jun 15, 2018 | M | 3,754 | $0.00 | A | 86,867 | D | |
| Common StockF1 | Jun 15, 2018 | F | 1,862 | $38.89 | D | 85,005 | D | |
| Common Stock | Jun 15, 2018 | M | 2,674 | $0.00 | A | 87,679 | D | |
| Common StockF1 | Jun 15, 2018 | F | 925 | $38.89 | D | 86,754 | D | |
| Common Stock | Jun 15, 2018 | M | 2,311 | $0.00 | A | 89,065 | D | |
| Common StockF1 | Jun 15, 2018 | F | 800 | $38.89 | D | 88,265 | D | |
| Common StockF1 | Jun 15, 2018 | F | 3,229 | $38.89 | D | 85,036 | 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, 2018 | M | 20,037 | D | — | — | Common Stock | 20,037 | 20,037 | D |
| Restricted Stock Units -2F2,F3,F4 | — | Jun 15, 2018 | M | 40,074 | D | — | — | Common Stock | 40,074 | 40,073 | D |
| Restricted Stock Units -3F2,F5,F4 | — | Jun 15, 2018 | M | 6,512 | D | — | — | Common Stock | 6,512 | 45,589 | D |
| Restricted Stock Units -4F2,F6,F4 | — | Jun 15, 2018 | M | 1,877 | D | — | — | Common Stock | 1,877 | 20,649 | D |
| Restricted Stock Units -5F2,F6,F4 | — | Jun 15, 2018 | M | 3,754 | D | — | — | Common Stock | 3,754 | 41,298 | D |
| Restricted Stock Units -6F2,F7,F4 | — | Jun 15, 2018 | M | 2,674 | D | — | — | Common Stock | 2,674 | 34,762 | D |
| Restricted Stock Units -7F2,F8,F4 | — | Jun 15, 2018 | M | 2,311 | D | — | — | Common Stock | 2,311 | 34,655 | D |
| Non-Qualified Stock Option (right to buy)F9 | $24.37 | holding | — | — | — | — | Jun 15, 2022 | Common Stock | 60,111 | 60,111 | 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 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.
- F8The reporting person received restricted stock units, 1/16th of which vests on 6/15/18, 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 option grant is subject to a four-year vesting schedule, vesting 25% on 5/18/16 and 1/48th per month thereafter.
Remarks
In addition, Table I, Column 5, includes 1,030 shares acquired under eBay's Employee Stock Purchase Plan on April 30, 2018.