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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option (right to buy) | $ 56.04 | 04/01/2014 | A | 25,784 | (2) | 04/01/2021 | Common Stock | 25,784 | $ 0 | 25,784 | D | ||||
Restricted Stock Units -6 | (3) | 04/01/2014 | M | 27,000 | (4) | (5) | Common Stock | 27,000 | $ 0 | 54,000 | D | ||||
Restricted Stock Units -7 | (3) | 04/01/2014 | M | 3,543 | (6) | (5) | Common Stock | 3,543 | $ 0 | 10,626 | D | ||||
Restricted Stock Units -8 | (3) | 04/01/2014 | A | 12,892 | (7) | (5) | Common Stock | 12,892 | $ 0 | 12,892 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 10.5 | (8) | 03/02/2016 | Common Stock | 91,250 | 91,250 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 23.88 | (9) | 03/01/2017 | Common Stock | 150,000 | 150,000 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 32.29 | (10) | 03/01/2018 | Common Stock | 75,000 | 75,000 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 36.59 | (11) | 04/02/2019 | Common Stock | 36,000 | 36,000 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 55.71 | (12) | 04/01/2020 | Common Stock | 28,338 | 28,338 | D | ||||||||
Restricted Stock Units -5 | (3) | (13) | (5) | Common Stock | 4,687 | 4,687 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Axelrod Elizabeth L C/O EBAY INC. 2065 HAMILTON AVE. SAN JOSE, CA 95125 |
SVP, Human Resources |
Elizabeth Lynn Axelrod | 04/02/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of (a) 27,000 shares of restricted stock granted to the Reporting Person on 4/2/12 and (b) 3,543 shares of restricted stock granted to the Reporting Person on 4/1/13. |
(2) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter. |
(3) | Each restricted stock unit represents a contingent right to receive one share of eBay's common stock. |
(4) | The reporting person received 108,000 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/13 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. |
(5) | Not Applicable. |
(6) | The reporting person received 14,169 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/14 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. |
(7) | The reporting person received 12,892 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/15 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. |
(8) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/09 and 1/48th per month thereafter. |
(9) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/10 and 1/48th per month thereafter. |
(10) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/11 and 1/48th per month thereafter. |
(11) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter. |
(12) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter. |
(13) | The reporting person received 18,750 restricted stock units subject to a four-year vesting schedule, vesting 25% on 3/1/12 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 grants described above, the compensation committee has approved additional performance-based restricted stock units for the reporting person, which are contingent upon the attainment of certain performance criteria over a two-year period (2014-2015). If the performance criteria are achieved, the reporting person will be granted shares of eBay common stock in 2016, which will be 50% vested on the date of the grant. The remainder of the shares will vest one year later in 2017 (assuming eligibility requirements have been met). |