EBAY INC — Director's Dealing 2012

Apr 30, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EBAY INC (EBAY)
CIK: 0001065088
Period of Report: 2012-04-26

Reporting Person: LEPORE DAWN G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-27	Common Stock	M	40000	$25.78	Acquired	60000	Direct
2012-04-27	Common Stock	S	40000	$41.0603	Disposed	20000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-26	Deferred Stock Units	$0	A	5359	Acquired	2022-04-26	Common Stock (5359)	Direct
2012-04-27	Non-Qualified Stock Option (right to buy)	$25.78	M	40000	Disposed	2013-06-26	Common Stock (40000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Deferred Stock Units	$0	2019-04-29	Common Stock (6678)	6678	Direct
Deferred Stock Units	$0	2020-04-29	Common Stock (4537)	4537	Direct
Deferred Stock Units	$0	2021-04-28	Common Stock (6470)	6470	Direct
Deferred Stock Units	$0		Common Stock (3771)	3771	Direct
Non-Qualified Stock Option (right to buy)	$16.47	2016-04-29	Common Stock (16516)	16516	Direct
Non-Qualified Stock Option (right to buy)	$24.24	2017-04-29	Common Stock (14492)	14492	Direct
Non-Qualified Stock Option (right to buy)	$29.17	2015-06-19	Common Stock (10120)	10120	Direct
Non-Qualified Stock Option (right to buy)	$30.51	2013-06-13	Common Stock (15000)	15000	Direct
Non-Qualified Stock Option (right to buy)	$31.61	2014-06-14	Common Stock (15000)	15000	Direct
Non-Qualified Stock Option (right to buy)	$34.44	2015-06-23	Common Stock (15000)	15000	Direct
Non-Qualified Stock Option (right to buy)	$44.37	2014-06-24	Common Stock (30000)	30000	Direct

Footnotes

F1: Represents the weighted average price of shares sold at prices that ranged from $41.0310 to $41.0805.

F2: 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.

F3: Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.

F4: 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.

F5: 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.