Jamie Iannone - Jan 24, 2024 Form 4 Insider Report for EBAY INC (EBAY)

Signature
By: Oliver Cohen For: Jamie Iannone
Stock symbol
EBAY
Transactions as of
Jan 24, 2024
Transactions value $
$0
Form type
4
Date filed
1/26/2024, 04:21 PM
Previous filing
Dec 19, 2023
Next filing
Feb 9, 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 +223K $0.00 223K Jan 24, 2024 Common Stock 223K $57.71 Direct F1
transaction EBAY Non-Qualified Stock Option (right to buy) - 2 Award $0 +320K $0.00 320K Jan 24, 2024 Common Stock 320K $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 4/1/2022, the reporting person was granted options to purchase 445,888 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, 222,946 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 640,420 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, 320,210 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.