eBay 1998 Annual Report Download - page 53

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(5) Consists of 15,244,821 shares held by Benchmark Capital and 2,130,687 shares held by Benchmark Founders’
Fund. In addition to Mr. Kagle, David M. Beirne, Bruce W. Dunlevie, Kevin R. Harvey and Andrew S.
Rachleff are members of Benchmark management and would be deemed to beneficially own 17,620,548
(14.6%), 17,837,154 (14.8%), 17,862,447 (14.8%), and 17,837,154 (14.8%) shares respectively, of the
Company’ s common stock if such shares are included with the other shares they beneficially own. Each of
Mssrs. Beirne, Dunlevie, Harvey, and Rachleff disclaims beneficial ownership of shares held by such entities
except for his proportional interest therein. The address for theses stockholders is c/o Benchmark Capital
Management Co., L.L.C., 2480 Sand Hill Road, Suite 200, Menlo Park California, 94025.
(6) Ms. Whitman is the President and Chief Executive Officer of the Company. As of March 1, 1999, 1,710,000
shares of the 7,110,000 shares she beneficially owned were vested and 5,400,000 shares were unvested and
subject to the Company’ s right of repurchase at their original purchase price of $0.067 per share. Includes
27,000 shares held by Ms. Whitman’ s husband as custodian for her two children. The address for Ms.
Whitman is 2005 Hamilton Avenue, Suite 350, San Jose, California 95125.
(7) Mr. Westly is the Vice President Marketing and Business Development of the Company. As of March 1,
1999, 898,312 shares of the 2,484,000 shares he beneficially owned were vested and 1,585,688 shares were
unvested and subject to the Company’ s right of repurchase at their original purchase price. The original
purchase prices of Mr. Westly’ s unvested shares are: $0.033 (1,485,000 shares); $0.067 (19,688 shares); $0.22
(36,000 shares); $0.67 (27,000 shares); and $3.11 (18,000 shares). The address for Mr. Westly is 2005
Hamilton Avenue, Suite 350, San Jose, California 95125.
(8) Mr. Bengier is the Chief Financial Officer and Vice President Operations of the Company. As of March 1,
1999, 492,187 shares of the 1,575,000 shares he beneficially owned were vested and 1,082,813 shares were
unvested and subject to the Company’ s right of repurchase at their original purchase price of $0.033 per share.
The address for Mr. Bengier is 2005 Hamilton Avenue, Suite 350, San Jose, California 95125.
(9) Mr. Wilson is the Senior Vice President Product Development and Site Operations of the Company. As of
March 1, 1999, 937,500 shares of the 1,800,000 shares he beneficially owned were vested and 862,500 shares
were unvested and subject to the Company’ s right of repurchase at their original purchase price of $0.0057 per
share. Also includes 337,500 shares subject to options vesting within 60 days of March 1, 1999. The address
for Mr. Wilson is 2005 Hamilton Avenue, Suite 350, San Jose, California 95125.
(10) Includes 450,000 shares subject to an immediately exercisable option outstanding at March 1, 1999. See “Item
11—Executive Compensation.” The address for Mr. Cook is 2550 Garcia Avenue, M.S. 2475, Mountain
View, California 94043.
(11) Mr. Schultz’ s shares include 450,000 shares issued to him upon exercise of an option that were unvested as of
March 1, 1999 and subject to the Company’ s right of repurchase at their original purchase price of $3.11 per
share. Of these 450,000 unvested shares, Mr. Schultz has transferred 337,500 shares to Maveron. An
additional 321,750 shares held by Maveron or purchased by Maveron in June 1998 will be distributed to the
partners of Maveron in a pro rata partnership distribution. The address for Mr. Schultz is 2401 Utah Ave.
South, Seattle, Washington, 98134. The address for Maveron is 800 Fifth Avenue, Suite 4100, Seattle,
Washington 98104.
(12) Includes the shares described in footnotes (2)-(4) and (6)-(11).