Jamie Iannone, eBay Inc.'s President and CEO, recently acquired 2,853 shares of the company. The buys took place at prices ranging from $0.00 to $53.94 per share, on March 15, 2022. Iannone now owns 77,328 shares of the company. Iannone operates out of San Jose, CA. Some additional info was provided as follows:
Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
The reporting person received restricted stock units, 1/16th of which vests on 6/15/21, and an additional 1/16th of which vests each quarter 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.
The reporting person was gra nted 437,271 restricted stock units as a result of the company's achievement of certain performance criteria for 2020/2021. 100% of the shares will vet on 3/15/23.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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