Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Thompson Scott
2. Date of Event Requiring Statement (Month/Day/Year)
01/23/2008
3. Issuer Name and Ticker or Trading Symbol
EBAY INC [EBAY]
(Last)
(First)
(Middle)
C/O EBAY INC., 2145 HAMILTON AVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, PayPal
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN JOSE, CA 95125
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 50,000 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Option (right to buy)   (2) 09/01/2013 Common Stock 135,000 $ 28.15 D  
Non-Qualified Stock Option (right to buy)   (3) 09/01/2013 Common Stock 50,000 $ 28.15 D  
Non-Qualified Stock Option (right to buy)   (4) 03/01/2014 Common Stock 139,500 $ 31.93 D  
Non-Qualified Stock Option (right to buy)   (5) 03/01/2013 Common Stock 150,000 $ 39.9 D  
Non-Qualified Stock Option (right to buy)   (6) 02/11/2015 Common Stock 550,000 $ 41.035 D  
Restricted Stock Units (RSUs)   (7)   (8) Common Stock 200,000 $ (9) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Thompson Scott
C/O EBAY INC.
2145 HAMILTON AVE
SAN JOSE, CA 95125
      President, PayPal  

Signatures

Scott Thompson 02/01/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) The reporting person received a restricted stock award on 3/1/06 of 25,000 shares subject to a five-year vesting schedule, vesting 30% on 3/1/09, vesting an incremental 30% on 3/1/10 and vesting the remaining 40% on 3/1/11. In addition, the reporting person received a restricted stock award on 8/11/06 of 25,000 shares sujbect to a two-year vesting schedule, with 100% of the shares vesting on 8/1/08.
(2) The option grant is subject to a three-year vesting schedule, vesting 16.67% on 3/1/07 and 1/36th per month thereafter.
(3) The option grant is subject to a two-year vesting schedule, vesting 25% on 3/1/07 and 1/24th per month thereafter.
(4) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/07 and 1/48th per month thereafter.
(5) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/06 and 1/48th per month thereafter.
(6) Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
(7) The reporting person received restricted stock units of 200,000 shares subject to a four-year vesting schedule, vesting 25% on the one year anniversary date of the restricted stock unit and 25% each year thereafter.
(8) Not Applicable.
(9) Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
 
Remarks:
In addition to the equity grant made on 3/1/07 and described above, the reporting person was awarded performance-based restricted stock units, or PBRSUs. PBRSUs represent the right to receive shares of eBay common stock, and will vest upon the attainment of certain financial performance goals by eBay Inc. A portion of these PBRSUs are subject to vesting based upon attainment of performance goals relating to 2007, and the remainder of these PBRSUs are subject to vesting based upon attainment of performance goals relating to 2007 and 2008. Vesting of the PBRSUs, if any, will be reported on a future filing on Form 4.

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