Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  NORRINGTON LORRIE M
2. Date of Event Requiring Statement (Month/Day/Year)
07/16/2008
3. Issuer Name and Ticker or Trading Symbol
EBAY INC [EBAY]
(Last)
(First)
(Middle)
C/O EBAY INC., 2145 HAMILTON AVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, eBay Marketplaces
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN JOSE, CA 95125
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 89,164 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy)   (2) 03/31/2015 Common Stock 5,942 $ 33.65 D  
Non-Qualified Option (right to buy)   (3) 09/01/2013 Common Stock 46,000 $ 28.15 D  
Non-Qualified Stock Option (right to buy)   (2) 06/14/2014 Common Stock 15,870 $ 11.35 D  
Non-Qualified Stock Option (right to buy)   (4) 03/03/2015 Common Stock 130,000 $ 25.85 D  
Non-Qualified Stock Option (right to buy)   (5) 09/01/2013 Common Stock 100,000 $ 28.15 D  
Non-Qualified Stock Option (right to buy)   (6) 03/01/2014 Common Stock 55,800 $ 31.93 D  
Non-Qualified Stock Option (right to buy)   (2) 03/31/2015 Common Stock 311,459 $ 33.65 D  
Non-Qualified Stock Option (right to buy)   (7) 09/09/2015 Common Stock 150,000 $ 38.62 D  
Restricted Stock Units (RSUs)   (8)   (9) Common Stock 175,000 $ (10) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
NORRINGTON LORRIE M
C/O EBAY INC.
2145 HAMILTON AVE
SAN JOSE, CA 95125
      President, eBay Marketplaces  

Signatures

Lorrie M. Norrington 07/22/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reporting person received a restricted stock award on 8/11/06 of 100,000 shares subject to a four-year vesting schedule, vesting 15% each on 8/1/07 and 8/1/08, vesting an incremental 20% on 8/1/09 and vesting the remaining 50% on 8/1/10. In addition, the reporting person was granted 1,622 shares of common stock as a result of the company's achievement of certain performance criteria for 2007 (the award was originally allocated to the reporting person as performance-based restricted stock units). 50% of the shares were vested on the date of grant, and the remainder will vest on the first business day of March 2009. (assuming eligibility requirements have been met).
(2) The options were assumed in connection with the company's acquisition of Shopping.com, Inc. on 8/30/05. The options are fully vested.
(3) The option grant is subject to a two-year vesting schedule, vesting 25% on 3/1/07 and 1/24th per month thereafter.
(4) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/08 and 1/48th per month thereafter.
(5) The option grant is subject to a three-year vesting schedule, vesting 16.67% on 3/1/07 and 1/36th per month thereafter.
(6) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/07 and 1/48th per month thereafter.
(7) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 02/28/06 and 1/48th per month thereafter.
(8) The reporting person received restricted stock units of 175,000 shares subject to a three-year vesting schedule, vesting 33.34% on 3/1/09 and 33.33% annually thereafter.
(9) Not Applicable.
(10) Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
 
Remarks:
In addition to the equity grants described above, the compensation committee has approved additional performance-based restricted stock units for the reporting person, which are contingent upon the attainment of certain performance criteria over a two-year period (2008-2009).  If the performance criteria are achieved, the reporting person will be granted shares of eBay common stock in March 2010, which will be 50% vested on the date of the grant.  The remainder of the shares will vest in March 2011 (assuming eligibility requirements have been met) .

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