Sec Form 4 Filing - PITTMAN RAYMOND J @ EBAY INC - 2017-11-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
PITTMAN RAYMOND J
2. Issuer Name and Ticker or Trading Symbol
EBAY INC [ EBAY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP, Chief Product Officer
(Last) (First) (Middle)
C/O EBAY INC., 2025 HAMILTON AVE.
3. Date of Earliest Transaction (MM/DD/YY)
11/17/2017
(Street)
SAN JOSE, CA95125
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/17/2017 S 11,400 D $ 35.5701 74,334 D
Common Stock 11/17/2017 M 7,799 A $ 23.21 82,133 D
Common Stock 11/17/2017 S 7,799 D $ 35.5817 ( 1 ) 74,334 D
Common Stock 11/17/2017 M 3,174 A $ 22.76 77,508 D
Common Stock 11/17/2017 S 3,174 D $ 35.5817 ( 1 ) 74,334 D
Common Stock 11/17/2017 M 9,027 A $ 20.94 83,361 D
Common Stock 11/17/2017 S 9,027 D $ 35.5817 ( 1 ) 74,334 D
Table II - Derivative Securities Ac quired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 20.94 11/17/2017 M 9,027 ( 2 ) 12/15/2020 Common Stock 9,027 $ 0 2,128 D
Non-Qualified Stock Option (right to buy) $ 22.76 11/17/2017 M 3,174 ( 3 ) 04/01/2021 Common Stock 3,174 $ 0 2,646 D
Non-Qualified Stock Option (right to buy) $ 23.21 11/17/2017 M 7,799 ( 4 ) 04/01/2022 Common Stock 7,799 $ 0 22,096 D
Restricted Stock Units -1 ( 7 ) ( 5 ) ( 6 ) Common Stock 131,912 131,912 D
Restricted Stock Units -2 ( 7 ) ( 8 ) ( 6 ) Common Stock 3,174 3,174 D
Restricted Stock Units -3 ( 7 ) ( 9 ) ( 6 ) Common Stock 15,596 15,596 D
Restricted Stock Units -4 ( 7 ) ( 10 ) ( 6 ) Common Stock 57,311 57,311 D
Restricted Stock Units -5 ( 7 ) ( 11 ) ( 6 ) Common Stock 32,754 32,754 D
Restricted Stock Units -6 ( 7 ) ( 12 ) ( 6 ) Common Stock 57,817 57,817 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PITTMAN RAYMOND J
C/O EBAY INC.
2025 HAMILTON AVE.
SAN JOSE, CA95125
SVP, Chief Product Officer
Signatures
Raymond Pittman 11/21/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents the weighted average price of shares sold at prices that ranged from $35.58 to $35.59.
( 2 )The option grant is subject to a four-year vesting schedule, vesting 25% on 11/4/14 and 1/48th per month thereafter.
( 3 )The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
( 4 )The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
( 5 )The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 12/15/14 and 25% each year 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.
( 6 )Not Applicable.
( 7 )Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
( 8 )The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/2015 and 25% each year 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.
( 9 )The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/2016 and 25% each year 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.
( 10 )The reporting person received restricted stock units, 1/16th of which vests on 6/15/16, 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.
( 11 )The reporting person was granted 65,508 restricted stock units as a result of the company's achievement of certain performance criteria for 2015/2016 (the award was originally allocated to the reporting person as performance-based restricted stock units). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/18.
( 12 )The reporting person received restricted stock units, 1/16th of which vests on 6/15/17, 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.

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