eBay Inc.
EBAY INC (Form: 4, Received: 03/19/2012 18:20:57)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Saridakis Christopher D
2. Issuer Name and Ticker or Trading Symbol

EBAY INC [ EBAY ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SVP, GSI
(Last)          (First)          (Middle)

C/O EBAY INC., 2145 HAMILTON AVE
3. Date of Earliest Transaction (MM/DD/YYYY)

3/15/2012
(Street)

SAN JOSE, CA 95125
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   3/15/2012     M    4913   A $ 0   4913   D    
Common Stock   3/15/2012     F    1592   (1) D $36.83   3321   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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 -2     (2) 3/15/2012     M         4913      (3)   (4) Common Stock   4913   $ 0   14736   D    
Restricted Stock Units -1     (2)                    (5)   (4) Common Stock   70049     70049   D    
Restricted Stock Units -3     (2)                    (6)   (4) Common Stock   254915     254915   D    

Explanation of Responses:
( 1)  Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of 4,913 shares of restricted stock granted to the Reporting Person on 6/17/11.
( 2)  Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
( 3)  The reporting person received 19,649 restricted stock units subject to a four-year vesting schedule, vesting 25% on 3/15/12 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.
( 4)  Not Applicable.
( 5)  The reporting person received 70,049 restricted stock units, vesting 25% each year on 4/15/12, 4/15/13, 4/15/14 and 4/15/15. 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.
( 6)  The reporting person received 254,915 restricted stock units subject to a four-year vesting schedule, vesting 25% on 7/8/12 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Saridakis Christopher D
C/O EBAY INC.
2145 HAMILTON AVE
SAN JOSE, CA 95125


SVP, GSI

Signatures
Christopher Saridakis 3/19/2012
** 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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