Edward O Garcia - 15 Nov 2024 Form 4 Insider Report for EBAY INC (EBAY)

Role
SVP, Chief Product Officer
Signature
By: Oliver Cohen For: Edward O. Garcia
Issuer symbol
EBAY
Transactions as of
15 Nov 2024
Net transactions value
-$445,198
Form type
4
Filing time
19 Nov 2024, 17:01:29 UTC
Previous filing
19 Sep 2024
Next filing
17 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBAY Common Stock Options Exercise $0 +2,777 +6.7% $0.000000 44,361 15 Nov 2024 Direct
transaction EBAY Common Stock Options Exercise $0 +6,732 +15% $0.000000 51,093 15 Nov 2024 Direct
transaction EBAY Common Stock Tax liability $81,149 -1,321 -2.6% $61.43 49,772 15 Nov 2024 Direct
transaction EBAY Common Stock Tax liability $196,699 -3,202 -6.4% $61.43 46,570 15 Nov 2024 Direct
transaction EBAY Common Stock Sale $167,350 -2,743 -5.9% $61.01 43,827 19 Nov 2024 Direct F1

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 -2,777 -14% $0.000000 16,663 15 Nov 2024 Common Stock 2,777 Direct F2, F3, F4
transaction EBAY Restricted Stock Units -2 Options Exercise $0 -6,732 -33% $0.000000 13,465 15 Nov 2024 Common Stock 6,732 Direct F2, F4, 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 The shares were sold pursuant to a Rule 10b-5 trading plan adopted by the Reporting Person on February 29, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 5/15/2023 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.
F4 Not Applicable.
F5 The reporting person received restricted stock units subject to a three-year vesting schedule, vesting 33% on 5/15/2023 and 1/12th 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.