Sec Form 4 Filing - WENIG DEVIN @ EBAY INC - 2018-04-01

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
WENIG DEVIN
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)
President and CEO
(Last) (First) (Middle)
C/O EBAY INC., 2025 HAMILTON AVE.
3. Date of Earliest Transaction (MM/DD/YY)
04/01/2018
(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 04/01/2018 M 28,075 A $ 0 690,231 D
Common Stock 04/01/2018 M 15,873 A $ 0 706,104 D
Common Stock 04/01/2018 F 7,870 ( 1 ) D $ 40.24 698,234 D
Common Stock 04/01/2018 F 13,920 ( 1 ) D $ 40.24 684,314 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
Restricted Stock Unit - 13 ( 2 ) 04/01/2018 A 154,076 ( 3 ) ( 4 ) Common Stock 154,076 $ 0 154,076 D
Restricted Stock Units -4 ( 5 ) 04/01/2018 M 15,873 ( 6 ) ( 7 ) Common Stock 15,873 $ 0 0 D
Restricted Stock Units -6 ( 5 ) 04/01/2018 M 28,075 ( 8 ) ( 7 ) Common Stock 28,075 $ 0 28,074 D
Non-Qualified Stock Option (right to buy) $ 14.67 ( 9 ) 04/13/2019 Common Stock 134,207 134,207 D
Non-Qualified Stock Option (right to buy) $ 14.86 ( 10 ) 04/02/2019 Common Stock 83,108 83,108 D
Non-Qualified Stock Option (right to buy) $ 20.41 ( 11 ) 10/15/2021 Common Stock 111,183 111,183 D
Non-Qualified Stock Option (right to buy) $ 22.63 ( 12 ) 04/01/2020 Common Stock 139,563 139,563 D
Non-Qualified Stock Option (right to buy) $ 22.76 ( 13 ) 04/01/2021 Common Stock 126,982 126,982 D
Non-Qualified Stock Option (right to buy) $ 23.21 ( 14 ) 04/01/2022 Common Stock 224,595 224,595 D
Non-Qualified Stock Option (right to buy) $ 26.92 ( 15 ) 07/17/2022 Common Stock 47,144 47,144 D
Restricted Stock Unit - 12 ( 2 ) ( 16 ) ( 4 ) Common Stock 367,464 367,464 D
Restricted Stock Units - 11 ( 2 ) ( 17 ) ( 4 ) Common Stock 125,112 125,112 D
Restricted Stock Units -5 ( 5 ) ( 18 ) ( 7 ) Common Stock 13,898 13,898 D
Restricted Stock Units -7 ( 5 ) ( 19 ) ( 7 ) Common Stock 11,785 11,785 D
Restricted Stock Units -8 ( 5 ) ( 20 ) ( 7 ) Common Stock 104,691 104,691 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WENIG DEVIN
C/O EBAY INC.
2025 HAMILTON AVE.
SAN JOSE, CA95125
President and CEO
Signatures
Devin Norse Wenig 04/02/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )No shares were sold - these shares were withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
( 2 )Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
( 3 )The reporting person received restricted stock units, 1/16th of which vests on 6/15/18, 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.
( 4 )Not Applicable.
( 5 )Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
( 6 )The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/15 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.
( 7 )Not Applicable.
( 8 )The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/16 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 option grant is subject to a four-year vesting schedule, vesting 25% on 9/26/12 and 1/48th per month thereafter.
( 10 )The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
( 11 )The option grant is subject to a four-year vesting schedule, vesting 12.5% on 3/30/15 and 1/48th per month thereafter.
( 12 )The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
( 13 )The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
( 14 )The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/15 and 1/48th per month thereafter.
( 15 )The option grant is subject to a four-year vesting schedule, vesting 12.5% on 01/17/16 and 1/48th per month thereafter.
( 16 )The reporting person was granted 367,464 restricted stock units as a result of the company's achievement of certain performance criteria for 2016/2017. 100% of the shares will vest on 3/15/19.
( 17 )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.
( 18 )The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 10/15/15 and 25% each 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.
( 19 )The reporting person received restricted stock units subject to a four-year vesting schedule, vesting 25% on 7/17/16 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.
( 20 )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.

Remarks:
In addition to the equity grant described above, the compensation committee granted performance-based restricted stock units to the reporting person, the achievement of which is based on certain performance criteria over a two-year period (2018-2019).

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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