SEC Info - Lepore Dawn G - ‘4’ for 4/26/10 re: Ebay Inc.

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).

1. Name and Address of Reporting Person^*

LEPORE DAWN G

(Last)

(First)

(Middle)

C/O DRUGSTORE.COM, INC.

411 108TH AVE NE, SUITE 1400

(Street)

BELLEVUE

98004

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
EBAY INC [ EBAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
4/26/10

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	4/26/10		M		15,625	A	$15.55	35,625	D
Common Stock	4/26/10		S		15,625 ⁽¹⁾	D	$24.3341	20,000	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 (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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$15.55	4/26/10		M			15,625	⁽²⁾	5/25/11	Common Stock	15,625	$0	46,875	D
Deferred Stock Units	$0							⁽³⁾	4/29/19 ⁽³⁾	Common Stock	6,678		6,678	D
Deferred Stock Units	$0							⁽³⁾	⁽³⁾	Common Stock	3,771		3,771	D
Non-Qualified Stock Option (right to buy)	$13.7525							⁽²⁾	6/5/12	Common Stock	80,000		80,000	D
Non-Qualified Stock Option (right to buy)	$16.47							⁽⁴⁾	4/29/16	Common Stock	16,516		16,516	D
Non-Qualified Stock Option (right to buy)	$18.7969							⁽²⁾	12/17/09	Common Stock	20,889		20,889	D
Non-Qualified Stock Option (right to buy)	$25.78							⁽²⁾	6/26/13	Common Stock	60,000		60,000	D
Non-Qualified Stock Option (right to buy)	$29.17							⁽⁴⁾	6/19/15	Common Stock	10,120		10,120	D
Non-Qualified Stock Option (right to buy)	$30.51							⁽²⁾	6/13/13	Common Stock	15,000		15,000	D
Non-Qualified Stock Option (right to buy)	$31.61							⁽²⁾	6/14/14	Common Stock	15,000		15,000	D
Non-Qualified Stock Option (right to buy)	$34.44							⁽²⁾	6/23/15	Common Stock	15,000		15,000	D
Non-Qualified Stock Option (right to buy)	$44.37							⁽²⁾	6/24/14	Common Stock	30,000		30,000	D

Explanation of Responses:

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

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

(3) 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.

(4) 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.

	Dawn G. Lepore	4/27/10
	** 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.
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____________ Transaction Codes:
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.
S	Open market or private sale of non-derivative or derivative security.

Lepore Dawn G – ‘4’ for 4/26/10 re: Ebay Inc.

On: Wednesday, 4/28/10, at 4:35pm ET · For: 4/26/10 · As: Director · Accession #: 1186015-10-4 · File #: 0-24821

Previous ‘4’: ‘4’ on 4/8/10 for 4/6/10 · Next: ‘4’ on 4/29/10 for 4/27/10 · Latest: ‘4’ on 3/1/24 for 2/29/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Lepore Dawn G – ‘4’ for 4/26/10 re: Ebay Inc.

On: Wednesday, 4/28/10, at 4:35pm ET · For: 4/26/10 · As: Director · Accession #: 1186015-10-4 · File #: 0-24821

Previous ‘4’: ‘4’ on 4/8/10 for 4/6/10 · Next: ‘4’ on 4/29/10 for 4/27/10 · Latest: ‘4’ on 3/1/24 for 2/29/24

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents