Edward O. Garcia - Dec 15, 2023 Form 4 Insider Report for EBAY INC (EBAY)

Signature
By: Oliver Cohen For: Edward O. Garcia
Stock symbol
EBAY
Transactions as of
Dec 15, 2023
Transactions value $
-$88,816
Form type
4
Date filed
12/19/2023, 05:21 PM
Previous filing
Nov 21, 2023
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBAY Common Stock Options Exercise $0 +3.47K +12.93% $0.00 30.3K Dec 15, 2023 Direct
transaction EBAY Common Stock Tax liability -$70.6K -1.69K -5.57% $41.75 28.6K Dec 15, 2023 Direct
transaction EBAY Common Stock Sale -$18.3K -428 -1.5% $42.66 28.2K Dec 19, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EBAY Restricted Stock Units -3 Options Exercise $0 -3.47K -7.14% $0.00 45.1K Dec 15, 2023 Common Stock 3.47K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 The reporting person received restricted stock units, 1/16th of which vests on 6/15/23, 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.
F3 Not Applicable.