eBay 2004 Annual Report Download - page 75

We believe that during the Ñscal year ended December 31, 2004, our directors, executive oÇcers, and
greater than 10% stockholders complied with all applicable Section 16(a) Ñling requirements, except that:
‚ one late Form 3 was Ñled by Douglas JeÅries, our Principal Accounting OÇcer, on August 27, 2004 to
report Mr. JeÅries becoming a Section 16 reporting individual as of August 5, 2004, and two late
Form 4 reports were Ñled on August 27, 2004 to show purchases of eBay stock made by Mr. JeÅries on
August 10, 2004 and August 12, 2004; and
‚ one late Form 3 was Ñled by Eskander E. Kazim, our Senior Vice President, New Ventures, on
December 20, 2004 to report Mr. Kazim becoming a Section 16 reporting individual as of December 7,
2004 and one late Form 4 report was Ñled on December 20, 2004 to report a stock option granted to
Mr. Kazim on December 10, 2004.
In making this statement, we have relied upon a review of the copies of Section 16(a) reports furnished
to us and the written representations of our directors, executive oÇcers, and greater than 10% stockholders.
ITEM 11: EXECUTIVE COMPENSATION
Summary of Compensation
The following table shows certain compensation earned during the Ñscal years ended December 31, 2002,
2003 and 2004, by our Chief Executive OÇcer and four most highly-compensated other executive oÇcers
(based on their total annual salary and bonus compensation), also referred to as the Named Executive
OÇcers, at December 31, 2004.
SUMMARY COMPENSATION TABLE
Long-Term and Other
Compensation
Number of
Annual Compensation Securities
Name and 2004 Principal Fiscal Other Annual Underlying All Other
Positions Year Salary(1) Bonus(2) Compensation(3) Options(4) Compensation(5)
Margaret C. Whitman ÏÏÏ 2004 $994,052 $1,553,480(6) $357,535 1,200,000 $3,164
President and 2003 843,823 1,159,132(6) 377,496 2,200,000 3,164
Chief Executive OÇcer 2002 250,008 329,698(6) 336,654 1,200,000 1,980
Maynard G. Webb, Jr. ÏÏ 2004 620,203 1,880,279(7) 35,335 650,000 1,009
Chief Operating OÇcer 2003 582,007 1,266,601(7) Ì 1,100,000 1,009
2002 531,250 837,154(7) Ì 600,000 1,104
JeÅrey D. Jordan ÏÏÏÏÏÏÏ 2004 494,284 937,038(8) Ì 440,000 2,290
President, PayPal 2003 439,345 858,793(8) Ì 600,000 790
2002 345,102 739,762(8) Ì 540,000 672
Matthew J. BannickÏÏÏÏÏ 2004 474,258 944,950(9) Ì 440,000 2,257
President, 2003 423,084 596,264(9) Ì 600,000 2,257
eBay International 2002 334,086 472,540(9) 15,987 560,000 2,173
William C. Cobb ÏÏÏÏÏÏÏ 2004 419,674 1,026,146(10) 10,796 300,000 2,173
President, 2003 382,519 368,899(10) Ì 500,000 2,173
eBay North America 2002 312,185 240,390(10) Ì 500,000 2,173
(1) EÅective March 1, 2004, all eligible employees of eBay, including certain of the Named Executive
OÇcers, received an annual salary increase representing: (i) in the case of Ms. Whitman, a salary of
$995,016 per annum; (ii) in the case of Mr. Webb, a salary of $625,008 per annum; (iii) in the case of
Mr. Jordan, a salary of $500,016 per annum; (iv) in the case of Mr. Bannick, a salary of $480,000 per
annum; and (v) in the case of Mr. Cobb, a salary of $415,008 per annum. In addition, Mr. Cobb
received a salary increase to $450,000 per annum eÅective October 1, 2004. Total salary amounts
reported are lower than these annual salaries because lower salaries were in eÅect for portions of 2004.
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