Sec Form 4 Filing - SCHLOSBERG RICHARD T III @ EBAY INC - 2013-02-15

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
SCHLOSBERG RICHARD T III
2. Issuer Name and Ticker or Trading Symbol
EBAY INC [ EBAY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
BANK OF SAN ANTONIO, 800 E. SONTERRA BLVD., SUITE 140
3. Date of Earliest Transaction (MM/DD/YY)
02/15/2013
(Street)
SAN ANTONIO, TX78257
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 02/15/2013 M 15,000 A $ 30.51 21,000 D
Common Stock 02/15/2013 S 15,000 D $ 56.7582 ( 1 ) 6,000 D
Table II - Derivative Securities Acquired, 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) $ 30.51 02/15/2013 M 15,000 ( 2 ) 06/13/2013 Common Stock 15,000 $ 0 0 D
Deferred Stock Units $ 0 ( 3 ) 03/18/2014 Common Stock 4,326 4,326 D
Deferred Stock Units $ 0 ( 4 ) 04/29/2019( 4 ) Common Stock 6,678 6,678 D
Deferred Stock Units $ 0 ( 4 ) 04/29/2020( 4 ) Common Stock 4,537 4,537 D
Deferred Stock Units $ 0 ( 5 ) 04/28/2021( 5 ) Common Stock 6,470 6,470 D
Deferred Stock Units $ 0 ( 5 ) 04/26/2022( 5 ) Common Stock 5,359 5,359 D
Deferred Stock Units $ 0 ( 4 ) ( 4 ) Common Stock 3,771 3,771 D
Non-Qualified Stock Option (right to buy) $ 16.47 ( 6 ) 04/29/2016 Common Stock 16,516 16,516 D
Non-Qualified Stock Option (right to buy) $ 24.24 ( 6 ) 04/29/2017 Common Stock 14,492 14,492 D
Non-Qualified Stock Option (right to buy) $ 29.17 ( 6 ) 06/19/2015 Common Stock 10,120 10,120 D
Non-Qualified Stock Option (right to buy) $ 31.61 ( 2 ) 06/14/2014 Common Stock 15,000 15,000 D
Non-Qualified Stock Option (right to buy) $ 34.44 ( 2 ) 06/23/2015 Common Stock 15,000 15,000 D
Non-Qualified Stock Option (right to buy) $ 44.37 ( 2 ) 06/24/2014 Common Stock 30,000 30,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCHLOSBERG RICHARD T III
BANK OF SAN ANTONIO
800 E. SONTERRA BLVD., SUITE 140
SAN ANTONIO, TX78257
X
Signatures
Richard T. Schlosberg III 02/19/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents the weighted average price of shares sold at prices that ranged from $56.75 to $56.771.
( 2 )Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
( 3 )The reporting person has received an exempt award of Deferred Stock Units ("DSUs") under the Company's 2003 Deferred Stock Unit Plan which is a right to receive shares of common stock of the Issuer upon termination of service as a Director of the Company subject to the terms and conditions of the DSU Award Agreement. The DSUs becomes vested as to 25% on the one year anniversary of the grant and 1/48th monthly thereafter, subject to the terms and conditions of the DSU Award Agreement. The DSU expires the later of 3/18/2014 or later if the reporting person is still in continuous service as a Director on such date.
( 4 )In connection with the reporting person's continuous service as a non-employee director of the Company, such reporting person has been granted an exempt award of Deferred Stock Units ("DSUs") at the time of the Company's annual meeting of stockholders. The number of DSUs granted represents the quotient of (A) $110,000 divided by (B) the Company's closing stock price on the date of grant. The DSUs becomes vested as to 25% on the one year anniversary of the grant and 1/48th monthly thereafter, provided that the reporting person continues as a director or consultant of the Company through such date.
( 5 )In connection with the reporting person's continuous service as a non-employee director of the Company, such reporting person has been granted an exempt award of Deferred Stock Units ("DSUs") at the time of the Company's annual meeting of stockholders. The number of DSUs granted represents the quotient of (A) $220,000 divided by (B) the Company's closing stock price on the date of grant. The DSUs becomes vested as to 25% on the one year anniversary of the grant and 1/48th monthly thereafter, provided that the reporting person continues as a director or consultant of the Company through such date.
( 6 )In connection with the reporting person's continuous service as a non-employee director of the Company, such reporting person has been granted options at the time of the Company's annual meeting of stockholders. The number of options granted is equal to the net present value of $110,000, calculated using the Black-Scholes valuation methodology on the date of grant. Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter, provided that the reporting person continues as a director or consultant of the Company through such date.

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