Edward O. Garcia - Jan 24, 2024 Form 4 Insider Report for EBAY INC (EBAY)

Role: SVP, Chief Product Officer
Signature: By: Oliver Cohen For: Edward O. Garcia
Stock symbol: EBAY
Transactions as of: Jan 24, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/26/2024, 04:20 PM
Previous filing: Dec 19, 2023
Next filing: Feb 20, 2024

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	Non-Qualified Stock Option (right to buy) - 1	Award	$0	+73.5K		$0.00	73.5K	Jan 24, 2024	Common Stock	73.5K	$46.65	Direct	F1
transaction	EBAY	Non-Qualified Stock Option (right to buy) - 2	Award	$0	+95.3K		$0.00	95.3K	Jan 24, 2024	Common Stock	95.3K	$44.37	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On 5/15/2022, the reporting person was granted options to purchase 147,097 shares of the Issuer's common stock, subject to the satisfaction of certain Issuer performance criteria during the period from 2022-2024, as well as time-based vesting. On 1/24/2024, it was determined that the Issuer achieved certain performance criteria as of December 31, 2023, and as a result, 73,549 of the reporting person's stock options are eligible to vest as follows (subject to continued employment): two-thirds of the stock options vesting on 3/15/2024 and the remaining one-third of the stock options vesting on 3/15/2025.
F2	On 4/1/2023, the reporting person was granted options to purchase 190,602 shares of the Issuer's common stock, subject to the satisfaction of certain Issuer performance criteria during the period from 2023-2025, as well as time-based vesting. On 1/24/2024, it was determined that the Issuer achieved certain performance criteria as of December 31, 2023, and as a result, 95,302 of the reporting person's stock options are eligible to vest as follows (subject to continued employment): one-third of the stock options vesting on 3/15/2024 and an additional one-third of the stock options vesting on each of 3/15/2025 and 3/15/2026.

Content

On 5/15/2022, the reporting person was granted options to purchase 147,097 shares of the Issuer's common stock, subject to the satisfaction of certain Issuer performance criteria during the period from 2022-2024, as well as time-based vesting. On 1/24/2024, it was determined that the Issuer achieved certain performance criteria as of December 31, 2023, and as a result, 73,549 of the reporting person's stock options are eligible to vest as follows (subject to continued employment): two-thirds of the stock options vesting on 3/15/2024 and the remaining one-third of the stock options vesting on 3/15/2025.

On 4/1/2023, the reporting person was granted options to purchase 190,602 shares of the Issuer's common stock, subject to the satisfaction of certain Issuer performance criteria during the period from 2023-2025, as well as time-based vesting. On 1/24/2024, it was determined that the Issuer achieved certain performance criteria as of December 31, 2023, and as a result, 95,302 of the reporting person's stock options are eligible to vest as follows (subject to continued employment): one-third of the stock options vesting on 3/15/2024 and an additional one-third of the stock options vesting on each of 3/15/2025 and 3/15/2026.