eBay 2002 Annual Report Download - page 84

was determined that the grants might call into question the described accounting treatment of our
acquisition of Half.com.
(6) Represents: (i) in the case of Mr. Jordan, a reimbursement for relocation expenses paid to him in
2000 ($28,866) and 2001 ($2,875); (ii) in the case of Mr. Cobb, a reimbursement for relocation
expenses paid to him in 2000 ($13,799) and 2001 ($90,243); and (iii) in the case of each of the
Named Executive OÇcers, insurance premiums we paid with respect to group life insurance for their
beneÑt and matching contributions under our 401(k) Plan (subject to the maximum of $1,500 per
annum).
(7) Mr. Cobb was hired by eBay in November 2000. Accordingly, the amounts shown in the table above
for Ñscal year 2000 are for a period of less than a year. Mr. Cobb's salary in 2000 was $280,000 per
annum.
(8) Represents for 2002, $329,698 paid under eBay's Management Incentive Plan and an additional
$90,000 bonus granted by the Compensation Committee after the end of the Ñscal year.
(9) Represents for 2002, $387,254 paid under eBay's Management Incentive Plan and $449,900 paid
under Mr. Webb's special retention plan and represents for 2001, $290,927 paid under eBay's
Management Incentive Plan and $355,200 under Mr. Webb's special retention plan. See ""Item 13:
Certain Relationships and Related Transactions.''
(10) Represents for 2002, $202,212 paid under eBay's Management Incentive Plan, $522,550 under
Mr. Jordan's special retention plans and $15,000 pursuant to our discretionary reward program, and
represents for 2001, $153,041 paid under eBay's Management Incentive Plan and $314,000 under
Mr. Jordan's special retention plan. See ""Item 13: Certain Relationships and Related Transactions.''
(11) Represents for 2002, $207,540 paid under eBay's Management Incentive Plan, $250,000 under
Mr. Bannick's special retention plan and $15,000 pursuant to our discretionary reward program. See
""Item 13: Certain Relationships and Related Transactions.''
(12) Represents for 2002, $170,390 paid under eBay's Management Incentive Plan and $70,000 under
Mr. Cobb's special retention plan and represents for 2001, $132,026 paid under eBay's Management
Incentive Plan and $70,000 under Mr. Cobb's special retention plan. See ""Item 13: Certain
Relationships and Related Transactions.''
The following executive oÇcers received grants of options in 2002 under eBay's 2001's Equity
Incentive Plan, which we also refer to as the 2001 Plan.
Option Grants During 2002
Potential Realizable Value at
Number of Percentage of Assumed Annual Rates of
Securities Total Options Stock Price Appreciation for
Underlying Granted to Exercise Option Term(4)
Options Employees Price Expiration
Name Granted(1) during 2002(2) Per Share(3) Date 5% 10%
Margaret C. Whitman ÏÏÏÏ 300,000 2.1% $58.05 02/12/12 $10,952,200 $27,755,025
Maynard G. Webb, Jr. ÏÏÏÏ 150,000 1.1 58.05 02/12/12 5,476,100 13,877,512
JeÅrey D. JordanÏÏÏÏÏÏÏÏÏ 135,000 1.0 58.05 02/12/12 4,928,490 12,489,761
Matthew J. Bannick ÏÏÏÏÏÏ 140,000 1.0 58.05 02/12/12 5,111,027 12,952,345
William C. CobbÏÏÏÏÏÏÏÏÏ 125,000 0.9 58.05 02/12/12 4,563,417 11,564,594
(1) Options granted in 2002 were granted under the 2001 Plan. All options granted in 2002 to the Named
Executive OÇcers were granted by our Board, are nonqualiÑed stock options and are subject to a
four-year vesting schedule, vesting 12.5% after six months and
1
/ 48 per month thereafter.
(2) Based on options to purchase 14,205,236 shares of our common stock granted in 2002, exclusive of
150,000 shares granted to our directors and options to purchase an aggregate of 2,511,149 shares that
were assumed by us in connection with the PayPal acquisition in October 2002.
82