SVP, Chief Product Officer Garcia Edward O converted options into 55,984 shares, covered exercise/tax liability with 26,558 shares and sold $148,759 worth of shares (2,218 units at $67.07), increasing direct ownership by 56% to 75,445 units (SEC Form 4)
$EBAY
Business Services
Consumer Discretionary
| FORM 4 |
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 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
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Check this box to indicate that a 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). See Instruction 10. | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
EBAY INC [ EBAY ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/15/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 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 | 03/15/2025 | M | 2,745 | A | $0 | 50,982 | D | |||
| Common Stock | 03/15/2025 | M | 3,472 | A | $0 | 54,454 | D | |||
| Common Stock | 03/15/2025 | M | 49,767 | A | $0 | 104,221 | D | |||
| Common Stock | 03/15/2025 | F | 1,383 | D | $65.28 | 102,838 | D | |||
| Common Stock | 03/15/2025 | F | 1,665 | D | $65.28 | 101,173 | D | |||
| Common Stock | 03/15/2025 | F | 23,510 | D | $65.28 | 77,663 | D | |||
| Common Stock | 03/17/2025 | S | 300(1) | D | $66.09(2) | 77,363 | D | |||
| Common Stock | 03/17/2025 | S | 345(1) | D | $67.78(3) | 77,018 | D | |||
| Common Stock | 03/17/2025 | S | 1,573(1) | D | $67.1(4) | 75,445 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (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: 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 Units -4 | (5) | 03/15/2025 | M | 2,745 | (6) | (7) | Common Stock | 2,745 | $0 | 32,940 | D | ||||
| Restricted Stock Units -3 | (5) | 03/15/2025 | M | 3,472 | (8) | (7) | Common Stock | 3,472 | $0 | 27,778 | D | ||||
| Restricted Stock Units -5 | (5) | 03/15/2025 | A | 49,767 | (9) | (7) | Common Stock | 49,767 | $0 | 49,767 | D | ||||
| Restricted Stock Units -5 | (5) | 03/15/2025 | M | 49,767 | (9) | (7) | Common Stock | 49,767 | $0 | 0 | D | ||||
| Explanation of Responses: |
| 1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024. |
| 2. Represents the weighted average price of shares sold at prices that ranged from $65.57 to $66.41. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 3. Represents the weighted average price of shares sold at prices that ranged from $67.72 to $67.85. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 4. Represents the weighted average price of shares sold at prices that ranged from $66.64 to $67.62. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 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, 1/16th of which vests on 6/15/24, 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. |
| 7. Not Applicable. |
| 8. The reporting person received restricted stock units, 1/16th of which vests on 6/15/23, 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. |
| 9. The reporting person was granted 49,767 restricted stock units as a result of the company's achievement of certain performance criteria for 2022/2024, with 100% of the shares vesting on 3/15/25. 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: |
| By: Greg Kerber For: Edward O. Garcia | 03/18/2025 | |
| ** Signature of Reporting Person | Date | |
| 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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||