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EcommerceBytes-NewsFlash, Number 1565 - June 20, 2007 - ISSN 1539-5065    1 of 4

eBay CEO Meg Whitman Cashes Options for $14 Million Net Gain

By Ina Steiner
June 20, 2007

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eBay CEO Meg Whitman exercised options on 640,000 shares of eBay stock at $10.0157 and immediately sold the shares for a net gain of $13.977 million. The transactions were conducted under a prearranged trading plan that allows Whitman to sell up to 6,400,000 shares between June 2007 and February 2008.

Whitman exercised her stock options in two transactions during last week's eBay's annual user conference - one on June 14 (the day of the company's annual shareholders meeting) and one on June 15.


About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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