EBAY » Topics » Restricted Stock Units and Performance Based Restricted Stock Units Activity

These excerpts taken from the EBAY 10-K filed Feb 29, 2008.
Restricted Stock Units and Performance Based Restricted Stock Units Activity
 
A summary of the status of and changes in restricted stock units granted under our equity incentive plans as of December 31, 2007 and changes during the year ended December 31, 2007 is presented below (in thousands, except per share amounts):
 
                 
          Weighted Average
 
          Grant-Date Fair
 
    Shares     Value (per share)  
 
Oustanding at January 1, 2007
    508     $ 28.13  
Awarded
    9,226       32.83  
Vested
    (124 )     28.13  
Forfeited
    (777 )     32.02  
                 
Outstanding at December 31, 2007
    8,833       32.70  
                 
Vested and expected to vest at December 31, 2007
    6,011          
 
As of December 31, 2007, there was approximately $203.6 million of unrecognized compensation cost related to restricted stock units granted under our equity incentive plans. That cost is expected to be recognized over a weighted-average period of three years.
 
Performance based restricted stock units are not included in the table above, as the awards are not granted until the conditional performance is met. As of December 31, 2007 there were 174,000 performance based restricted stock units expected to vest with a remaining unrecognized compensation cost of $4.1 million.


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eBay Inc.
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
 
Restricted
Stock Units and Performance Based Restricted Stock Units
Activity



 



A summary of the status of and changes in restricted stock units
granted under our equity incentive plans as of December 31,
2007 and changes during the year ended December 31, 2007 is
presented below (in thousands, except per share amounts):


 






































































































































                 

 

 

 

 

 

Weighted Average



 

 

 

 

 

 

Grant-Date Fair



 

 

 

Shares

 

 

Value (per share)

 
 


Oustanding at January 1, 2007


 

 

508

 

 

$

28.13

 


Awarded


 

 

9,226

 

 

 

32.83

 


Vested


 

 

(124

)

 

 

28.13

 


Forfeited


 

 

(777

)

 

 

32.02

 

 

 

 

 

 

 

 

 

 


Outstanding at December 31, 2007


 

 

8,833

 

 

 

32.70

 

 

 

 

 

 

 

 

 

 


Vested and expected to vest at December 31, 2007


 

 

6,011

 

 

 

 

 






 



As of December 31, 2007, there was approximately
$203.6 million of unrecognized compensation cost related to
restricted stock units granted under our equity incentive plans.
That cost is expected to be recognized over a weighted-average
period of three years.


 



Performance based restricted stock units are not included in the
table above, as the awards are not granted until the conditional
performance is met. As of December 31, 2007 there were
174,000 performance based restricted stock units expected to
vest with a remaining unrecognized compensation cost of
$4.1 million.





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Table of Contents






eBay Inc.


 



NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 29, 2008
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