Ownership Submission
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

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SWAN ROBERT HOLMES
  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)
(Last)
(First)
(Middle)
C/O EBAY INC., 2065 HAMILTON AVE.
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2015
(Street)

SAN JOSE, CA 95125
4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common Stock 07/17/2015   A   43,317 (1) A $ 0 495,573 D  
Common Stock 07/17/2015   A   71,428 (2) A $ 0 567,001 D  
Common Stock 07/17/2015   A   60,000 (3) A $ 0 627,001 D  
Common Stock 07/17/2015   M   68,386 A $ 0 695,387 D  
Common Stock 07/17/2015   F   133,232 (4) D $ 27.9 562,155 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 -6 (5) 07/17/2015   M     6,750   (6)   (7) Common Stock 6,750 $ 0 0 D  
Restricted Stock Units -7 (5) 07/17/2015   M     17,002   (8)   (7) Common Stock 17,002 $ 0 0 D  
Restricted Stock Units -8 (5) 07/17/2015   M     23,205   (9)   (7) Common Stock 23,205 $ 0 0 D  
Restricted Stock Units -9 (5) 07/17/2015   M     21,429   (10)   (7) Common Stock 21,429 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 4.27               (11) 03/02/2016 Common Stock 51,250   51,250 D  
Non-Qualified Stock Option (right to buy) $ 5.36               (12) 02/13/2016 Common Stock 56,250   56,250 D  
Non-Qualified Stock Option (right to buy) $ 9.7               (13) 03/01/2017 Common Stock 200,000   200,000 D  
Non-Qualified Stock Option (right to buy) $ 13.12               (14) 03/01/2018 Common Stock 150,000   150,000 D  
Non-Qualified Stock Option (right to buy) $ 14.86               (15) 04/02/2019 Common Stock 54,000   54,000 D  
Non-Qualified Stock Option (right to buy) $ 21.53               (16) 01/15/2022 Common Stock 42,857   42,857 D  
Non-Qualified Stock Option (right to buy) $ 22.63               (17) 04/01/2020 Common Stock 68,011   68,011 D  
Non-Qualified Stock Option (right to buy) $ 22.76               (18) 04/01/2021 Common Stock 61,881   61,881 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SWAN ROBERT HOLMES
C/O EBAY INC.
2065 HAMILTON AVE.
SAN JOSE, CA 95125
  X      

Signatures

 Robert Holmes Swan   07/21/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The reporting person was granted 43,317 restricted stock units as a result of the company's achievement of certain performance criteria for 2014/2015 (the award was originally allocated to the reporting person as performance-based restricted stock units).
(2) The reporting person was granted 71,428 restricted stock units as a result of the company's achievement of certain performance criteria for 2015/2016 (the award was originally allocated to the reporting person as performance-based restricted stock units).
(3) The reporting person received 60,000 restricted stock units as a result of the achievement of certain performance criteria relating to the third tranche of 30% of a performance share unit award granted in 2012.
(4) Represents shares reacquired to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
(5) Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
(6) The vesting of these restricted stock units was accelerated in full on July 17, 2015.
(7) Not Applicable.
(8) The vesting of these restricted stock units was accelerated in full on July 17, 2015.
(9) The vesting of these restricted stock units was accelerated in full on July 17, 2015.
(10) The vesting of these restricted stock units was accelerated in full on July 17, 2015.
(11) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/09 and 1/48th per month thereafter.
(12) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 2/8/09 and 1/48th per month thereafter.
(13) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/10 and 1/48th per month thereafter.
(14) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/11 and 1/48th per month thereafter.
(15) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/12 and 1/48th per month thereafter.
(16) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 07/15/15 and 1/48th per month thereafter.
(17) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/13 and 1/48th per month thereafter.
(18) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 10/1/14 and 1/48th per month thereafter.
 
Remarks:
(1) In connection with the July 17, 2015 distribution (the "Distribution") by eBay Inc. ("eBay") to its stockholders of all of the outstanding shares of the common stock of PayPal Holdings, Inc. ("PayPal"), the reporting person ceased service as an executive officer of eBay and became a member of its Board of Directors; and (2) pursuant to the Employee Matters Agreement between eBay and PayPal relating to the Distribution, the reporting person received an equity award of PayPal common stock in respect of each outstanding equity award held by the reporting person.  In addition, (i) all of the reporting person's outstanding equity awards vested in connection with the termination of the reporting person's employment with eBay and (ii) the terms of each of the reporting person's outstanding eBay options were adjusted pursuant to the Employee Matters Agreement.  All information regarding such eBay options is shown on this Form 4 on a post-adjustment basis.  For additional information regarding the eBay Transaction Success and Retention Program relating to the reporting person and other transitioning executives, see the Current Report on Form 8-K filed by eBay on December 18, 2014. In addition, Table I, Column 5, includes 474 shares acquired under eBay's Employee Stock Purchase Plan on April 30, 2015.

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