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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) | $ 32.29 | 03/01/2011 | A | 85,710 | (3) | 03/01/2018 | Common Stock | 85,710 | $ 0 | 85,710 | D | ||||
Restricted Stock Units -2 | (4) | 03/01/2011 | M | 8,333 | (5) | (6) | Common Stock | 8,333 | $ 0 | 0 | D | ||||
Restricted Stock Units -3 | (4) | 03/01/2011 | M | 24,250 | (7) | (6) | Common Stock | 24,250 | $ 0 | 48,500 | D | ||||
Restricted Stock Units -4 | (4) | 03/01/2011 | M | 10,938 | (8) | (6) | Common Stock | 10,938 | $ 0 | 32,812 | D | ||||
Restricted Stock Units -5 | (4) | 03/01/2011 | M | 60,000 | (9) | (6) | Common Stock | 60,000 | $ 0 | 180,000 | D | ||||
Restricted Stock Units -6 | (4) | 03/01/2011 | A | 21,430 | (10) | (6) | Common Stock | 21,430 | $ 0 | 21,430 | D | ||||
Non-Qualified Option (right to buy) | $ 25.85 | (11) | 03/03/2015 | Common Stock | 31,500 | 31,500 | D | ||||||||
Non-Qualified Option (right to buy) | $ 28.15 | (12) | 09/01/2013 | Common Stock | 135,000 | 135,000 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 10.5 | (13) | 03/02/2016 | Common Stock | 130,000 | 130,000 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 23.88 | (14) | 03/01/2017 | Common Stock | 175,000 | 175,000 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 25.85 | (11) | 03/03/2015 | Common Stock | 107,500 | 107,500 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 28.15 | (15) | 09/01/2013 | Common Stock | 50,000 | 50,000 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 31.93 | (16) | 03/01/2014 | Common Stock | 139,500 | 139,500 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 39.9 | (17) | 03/01/2013 | Common Stock | 150,000 | 150,000 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 41.035 | (18) | 02/11/2015 | Common Stock | 550,000 | 550,000 | D | ||||||||
Restricted Stock Units (RSUs) | (4) | (19) | (6) | Common Stock | 50,000 | 50,000 | D |
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 |
By: Brian Levey For: Scott Thompson | 03/03/2011 | |
**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) | The reporting person was granted 17,775 shares of common stock as a result of the company's achievement of certain performance criteria for 2009/2010 (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 3/1/12. |
(2) | Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of (a) 10,000 shares of restricted stock award granted to the Reporting Person on 3/1/06 (b) 8,333 shares of restricted stock granted to the Reporting Person on 3/3/08 (c) 24,250 shares of restricted stock granted to the Reporting Person on 3/2/09 (d) 10,938 shares of restricted stock granted to the Reporting Person on 3/1/10 (e) 60,000 shares of restricted stock granted to the Reporting Person on 10/8/10 and (f) 8,888 shares of restricted stock granted to the Reporting Person on 3/1/2011 (see footnote 1). |
(3) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/11 and 1/48th per month thereafter. |
(4) | Each restricted stock unit represents a contingent right to receive one share of eBay's common stock. |
(5) | The reporting person received restricted stock units of 25,000 shares subject to a three-year vesting schedule, vesting 33.33% on 3/1/09 and 33.33% annually thereafter. |
(6) | Not Applicable. |
(7) | The reporting person received 97,000 restricted stock units subject to a four-year vesting schedule, vesting 25% on 3/1/10 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 reporting person received 43,750 restricted stock units subject to a four-year vesting schedule, vesting 25% on 3/1/11 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. |
(9) | The reporting person received 240,000 restricted stock units vesting 25% on 3/1/11, 25% on 3/1/12, 25% on 3/1/13 and 25% on 3/1/14. 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. |
(10) | The reporting person received 21,430 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. |
(11) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/08 and 1/48th per month thereafter. |
(12) | The option grant is subject to a three-year vesting schedule, vesting 16.67% on 3/1/07 and 1/36th per month thereafter. |
(13) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/09 and 1/48th per month thereafter. |
(14) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/10 and 1/48th per month thereafter. |
(15) | The option grant is subject to a two-year vesting schedule, vesting 25% on 3/1/07 and 1/24th per month thereafter. |
(16) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/07 and 1/48th per month thereafter. |
(17) | The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/06 and 1/48th per month thereafter. |
(18) | Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter. |
(19) | 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. |
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 (2011-2012). If the performance criteria are achieved, the reporting person will be granted shares of eBay common stock in March 2013, which will be 50% vested on the date of the grant. The remainder of the shares will vest in March 2014 (assuming eligibility requirements have been met). |