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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) | $ 16.73 | 10/10/2008 | A | 84,500 | (1) | 10/10/2015 | Common Stock | 84,500 | $ 0 | 84,500 | D | ||||
Restricted Stock Units (RSUs) | (2) | 10/10/2008 | A | 75,000 | (3) | (4) | Common Stock | 75,000 | $ 0 | 75,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Carges Mark T C/O EBAY INC. 2145 HAMILTON AVE SAN JOSE, CA 95125 |
SVP, Technology |
Mark Thomas Carges | 10/13/2008 | |
**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) | Options become exercisable as to 25% on 9/2/09 and 1/48th monthly thereafter. |
(2) | Each restricted stock unit represents a contingent right to receive one share of eBay's common stock. |
(3) | The reporting person received restricted stock units of 75,000 shares subject to a four-year vesting schedule, vesting 25% on 10/10/09 and 25% annually thereafter. |
(4) | Not Applicable. |
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 (2008-2009). If the performance criteria are achieved, the reporting person will be granted shares of eBay common stock in March 2010, which will be 50% vested on the date of the grant. The remainder of the shares will vest in March 2011 (assuming eligibility requirements have been met) . |