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

Signature
By: Oliver Cohen For: Edward O. Garcia
Stock symbol
EBAY
Transactions as of
Nov 15, 2024
Transactions value $
-$445,198
Form type
4
Date filed
11/19/2024, 05:01 PM
Previous filing
Sep 19, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBAY Common Stock Options Exercise $0 +2.78K +6.68% $0.00 44.4K Nov 15, 2024 Direct
transaction EBAY Common Stock Options Exercise $0 +6.73K +15.18% $0.00 51.1K Nov 15, 2024 Direct
transaction EBAY Common Stock Tax liability -$81.1K -1.32K -2.59% $61.43 49.8K Nov 15, 2024 Direct
transaction EBAY Common Stock Tax liability -$197K -3.2K -6.43% $61.43 46.6K Nov 15, 2024 Direct
transaction EBAY Common Stock Sale -$167K -2.74K -5.89% $61.01 43.8K Nov 19, 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 -2.78K -14.28% $0.00 16.7K Nov 15, 2024 Common Stock 2.78K Direct F2, F3, F4
transaction EBAY Restricted Stock Units -2 Options Exercise $0 -6.73K -33.33% $0.00 13.5K Nov 15, 2024 Common Stock 6.73K 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.