Cornelius Boone - 15 Dec 2023 Form 4 Insider Report for EBAY INC (EBAY)

Signature
By: Oliver Cohen For: Cornelius Boone
Issuer symbol
EBAY
Transactions as of
15 Dec 2023
Net transactions value
-$331,890
Form type
4
Filing time
19 Dec 2023, 17:26:01 UTC
Previous filing
21 Sep 2023
Next filing
26 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBAY Common Stock Options Exercise $0 +2,030 +4.1% $0.000000 51,927 15 Dec 2023 Direct
transaction EBAY Common Stock Options Exercise $0 +2,778 +5.3% $0.000000 54,705 15 Dec 2023 Direct
transaction EBAY Common Stock Options Exercise $0 +3,034 +5.5% $0.000000 57,739 15 Dec 2023 Direct
transaction EBAY Common Stock Tax liability $30,394 -728 -1.3% $41.75 57,011 15 Dec 2023 Direct
transaction EBAY Common Stock Tax liability $44,380 -1,063 -1.9% $41.75 55,948 15 Dec 2023 Direct
transaction EBAY Common Stock Tax liability $46,802 -1,121 -2% $41.75 54,827 15 Dec 2023 Direct
transaction EBAY Common Stock Sale $210,314 -4,930 -9% $42.66 49,897 19 Dec 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 -1 Options Exercise $0 -2,030 -17% $0.000000 10,150 15 Dec 2023 Common Stock 2,030 Direct F1, F2, F3
transaction EBAY Restricted Stock Units -3 Options Exercise $0 -3,034 -25% $0.000000 9,101 15 Dec 2023 Common Stock 3,034 Direct F1, F3, F4
transaction EBAY Restricted Stock Units -5 Options Exercise $0 -2,778 -7.1% $0.000000 36,112 15 Dec 2023 Common Stock 2,778 Direct F1, F3, F5
* 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 subject to a four-year vesting schedule, vesting 25% on 3/15/22 and 1/16th 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.
F4 The reporting person received restricted stock units, 1/10th of which vests on 6/15/22 and an additional 1/10th of which vests each quarter thereafter through 3/15/24, and 1/20th 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.
F5 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.

Remarks:

In addition, Table I, Column 5, includes 52 shares acquired under eBay's Employee Stock Purchase Plan on October 31, 2023.