Julie A Loeger, SVP of eBay Inc., just received 36,114 restricted shares from the company. The restricted shares don't become available to Loeger until such time as they become vested. Loeger now owns at least 36,114 restricted shares of the company.
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, 1/10th of which vests on 6/15/22 and an additional 1/10th of which vests each quarter thereafter through 6/15/24, and 1/20th 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 ves ted.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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