EBay Officer Exercises Shares
Published April 25th, 2007
The head of strategic initiatives for online auctioneer eBay Inc. exercised options for 79,988 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Tuesday, Kazim E. Eskander reported he exercised the shares Monday for 63 cents apiece and then sold all of them the same day for $33.86 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies’ shares. Open market purchases and sales must be reported within two business days of the transaction.
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