EBAY INC — Director's Dealing 2012

Mar 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EBAY INC (EBAY)
CIK: 0001065088
Period of Report: 2012-03-01

Reporting Person: JACOBSON MICHAEL R (SVP, Legal Affairs, GC & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-01	Common Stock	M	60000	$19.3875	Acquired	468648	Direct
2012-03-01	Common Stock	S	60000	$36.3289	Disposed	408648	Direct
2012-03-01	Common Stock	M	28108	—	Acquired	436756	Direct
2012-03-01	Common Stock	A	32750	—	Acquired	469506	Direct
2012-03-01	Common Stock	F	23879	$36.37	Disposed	445627	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-01	Non-Qualified Stock Option (right to buy)	$19.3875	M	60000	Disposed	2013-03-03	Common Stock (60000)	Direct
2012-03-01	Restricted Stock Units -2	$	M	16500	Disposed		Common Stock (16500)	Direct
2012-03-01	Restricted Stock Units -6	$	M	6250	Disposed		Common Stock (6250)	Direct
2012-03-01	Restricted Stock Units -7	$	M	5358	Disposed		Common Stock (5358)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$10.5	2016-03-02	Common Stock (91250)	91250	Direct
Non-Qualified Stock Option (right to buy)	$23.88	2017-03-01	Common Stock (100000)	100000	Direct
Non-Qualified Stock Option (right to buy)	$25.85	2015-03-03	Common Stock (91250)	91250	Direct
Non-Qualified Stock Option (right to buy)	$32.29	2018-03-01	Common Stock (85710)	85710	Direct
Restricted Stock Units -5	$		Common Stock (7629)	7629	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F2: Represents the weighted average price of shares sold at prices that ranged from $35.83 to $36.50.

F3: The reporting person was granted 32,750 shares of common stock as a result of the company's achievement of certain performance criteria for 2010/2011 (the award was originally allocated to the reporting person as performance-based restricted stock units). 50% of the shares vested on the date of grant and the remainder will vest on 3/1/13.

F4: Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of (a) 16,500 shares of restricted stock granted to the Reporting Person on 3/2/09 (b) 6,250 shares of restricted stock granted to the Reporting Person on 3/1/10 and (c) 6,666 shares of restricted stock granted to the Reporting Person on 3/1/2011 as a result of the company's achievement of certain performance criteria for 2009/2010 (the award was originally allocated to the reporting person as performance-based restricted stock units (d) 5,358 shares of restricted stock granted to the Reporting Person on 3/1/11 and (e) 16,375 shares of restricted stock granted to the Reporting Person on 3/1/12 (see footnote 3).

F5: The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/01/03 and 1/48th per month thereafter.

F6: Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.

F7: The reporting person received 66,000 restricted stock units subject to a four-year vesting schedule, vesting 25% on 3/1/10 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.

F8: Not Applicable.

F9: The reporting person received 25,000 restricted stock units subject to a four-year vesting schedule, vesting 25% on 3/1/11 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.

F10: The reporting person received 21,430 restricted stock units subject to a four-year vesting schedule, vesting 25% on 3/1/12 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.

F11: The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/09 and 1/48th per month thereafter.

F12: The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/10 and 1/48th per month thereafter.

F13: The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/08 and 1/48th per month thereafter.

F14: The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/11 and 1/48th per month thereafter.

F15: The reporting person received 22,892 restricted stock units subject to a three-year vesting schedule, vesting 33.34% on 9/11/10, 33.33% on 9/11/11 and 33.33% on 9/11/12. 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.