eBay (NASDAQ: EBAY) director Mohak Shroff exercises RSUs and receives $250k equity grant
Rhea-AI Filing Summary
EBAY INC director Mohak Shroff reported equity compensation activity involving restricted stock units (RSUs) and common shares. He exercised 3,355 RSUs into common stock, bringing his direct common stock holdings to 27,704 shares after the transactions. On the same date, he received a new grant of 2,318 RSUs, each representing a contingent right to receive one share of eBay common stock. The new RSU grant is sized so that its value equals $250,000 divided by eBay’s closing stock price on the grant date, rounded up to the nearest whole unit. These RSUs vest 100% on the earlier of one year from grant or the first annual stockholder meeting after the grant, assuming continued service as a non-employee director.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units -6 | 3,355 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units -7 | 2,318 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,355 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. In connection with the reporting person's service as a non-employee director of the Issuer, such reporting person has been granted restricted stock units. The number of restricted stock units granted represents the quotient of (A) $250,000 divided by (B) the Issuer's closing stock price on the date of grant, rounded up to the nearest whole restricted stock unit. 100% of the restricted stock units vest on the earlier of: (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's first annual meeting of stockholders that occurs after the date of grant, provided that the reporting person continues to provide service to the Issuer through such date.
- F3. Not Applicable.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
non-employee director financial
restricted stock units granted financial
vest financial
FAQ
What insider transactions did eBay (EBAY) director Mohak Shroff report?
What is the value of Mohak Shroff’s new eBay (EBAY) RSU grant?
When do Mohak Shroff’s new eBay (EBAY) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.