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

Signature
By: Oliver Cohen For: Cornelius Boone
Stock symbol
EBAY
Transactions as of
Dec 15, 2023
Transactions value $
-$331,890
Form type
4
Date filed
12/19/2023, 05:26 PM
Previous filing
Sep 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 +2.03K +4.07% $0.00 51.9K Dec 15, 2023 Direct
transaction EBAY Common Stock Options Exercise $0 +2.78K +5.35% $0.00 54.7K Dec 15, 2023 Direct
transaction EBAY Common Stock Options Exercise $0 +3.03K +5.55% $0.00 57.7K Dec 15, 2023 Direct
transaction EBAY Common Stock Tax liability -$30.4K -728 -1.26% $41.75 57K Dec 15, 2023 Direct
transaction EBAY Common Stock Tax liability -$44.4K -1.06K -1.86% $41.75 55.9K Dec 15, 2023 Direct
transaction EBAY Common Stock Tax liability -$46.8K -1.12K -2% $41.75 54.8K Dec 15, 2023 Direct
transaction EBAY Common Stock Sale -$210K -4.93K -8.99% $42.66 49.9K 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 -1 Options Exercise $0 -2.03K -16.67% $0.00 10.2K Dec 15, 2023 Common Stock 2.03K Direct F1, F2, F3
transaction EBAY Restricted Stock Units -3 Options Exercise $0 -3.03K -25% $0.00 9.1K Dec 15, 2023 Common Stock 3.03K Direct F1, F3, F4
transaction EBAY Restricted Stock Units -5 Options Exercise $0 -2.78K -7.14% $0.00 36.1K Dec 15, 2023 Common Stock 2.78K 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.