Marcus David 4
4 · EBAY INC · Filed Apr 4, 2012
Insider Transaction Report
Form 4
EBAY INCEBAY
Marcus David
President, PayPal
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2012-04-02+54,005→ 54,005 totalExercise: $36.59Exp: 2019-04-02→ Common Stock (54,005 underlying) - Award
Restricted Stock Units -2
2012-04-02+117,012→ 117,012 total→ Common Stock (117,012 underlying)
Holdings
- 50,000
Restricted Stock Units -1
→ Common Stock (50,000 underlying)
Footnotes (5)
- [F1]The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
- [F2]Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
- [F3]The reporting person received 117,012 restricted stock units subject to a four-year vesting schedule, vesting 25% on 4/1/13 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.
- [F4]Not Applicable.
- [F5]The reporting person received 50,000 restricted stock units subject to a four-year vesting schedule, vesting 25% on 9/9/12 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.