Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
DUTTA RAJIV
  2. Issuer Name and Ticker or Trading Symbol
EBAY INC [EBAY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, PayPal
(Last)
(First)
(Middle)
C/O EBAY INC., 2145 HAMILTON AVE
3. Date of Earliest Transaction (Month/Day/Year)
10/25/2007
(Street)

SAN JOSE, CA 95125
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/25/2007   M   79,000 A $ 10.0157 122,238 D  
Common Stock 10/25/2007   S   79,000 (1) D $ 35.3655 (2) 43,238 D  
Common Stock 10/25/2007   M   45,400 A $ 10.0157 88,638 D  
Common Stock 10/25/2007   S   45,400 (1) D $ 35.8851 (3) 43,238 D  
Common Stock 10/25/2007   M   600 A $ 10.0157 43,838 D  
Common Stock 10/25/2007   S   600 (1) D $ 36.1333 (4) 43,238 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 10.0157 10/25/2007   M     79,000   (5) 01/12/2011 Common Stock 79,000 $ 0 447,500 D  
Non-Qualified Stock Option (right to buy) $ 10.0157 10/25/2007   M     45,400   (5) 01/12/2011 Common Stock 45,400 $ 0 402,100 D  
Non-Qualified Stock Option (right to buy) $ 10.0157 10/25/2007   M     600   (5) 01/12/2011 Common Stock 600 $ 0 401,500 D  
Non-Qualified Stock Option (right to buy) $ 14.5125               (6) 02/12/2012 Common Stock 500,000   500,000 D  
Non-Qualified Stock Option (right to buy) $ 14.9297               (7) 08/30/2009 Common Stock 40,000   40,000 D  
Non-Qualified Stock Option (right to buy) $ 19.3875               (8) 03/03/2013 Common Stock 500,000   500,000 D  
Non-Qualified Stock Option (right to buy) $ 31.93               (9) 03/01/2014 Common Stock 223,200   223,200 D  
Non-Qualified Stock Option (right to buy) $ 34.615               (10) 03/01/2014 Common Stock 330,000   330,000 D  
Non-Qualified Stock Option (right to buy) $ 39.9               (11) 03/01/2013 Common Stock 175,000   175,000 D  
Non-Qualified Stock Option (right to buy) $ 42.58               (12) 03/01/2015 Common Stock 185,000   185,000 D  
Non-Qualified Stock Option (right to buy) $ 46.71               (13) 11/25/2015 Common Stock 200,000   200,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DUTTA RAJIV
C/O EBAY INC.
2145 HAMILTON AVE
SAN JOSE, CA 95125
      President, PayPal  

Signatures

 Rajiv Dutta   10/29/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
(2) Represents the weighted average price of shares sold at prices that ranged from $35.10 to $35.60.
(3) Represents the weighted average price of shares sold at prices that ranged from $35.61 to $36.11.
(4) Represents the weighted average price of shares sold at prices that ranged from $36.12 to $36.14.
(5) The options become exercisable beginning 08/20/02 and 1/48th per month thereafter over 4 years.
(6) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 8/12/02 and 1/48th per month thereafter.
(7) Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
(8) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/01/03 and 1/48th per month thereafter.
(9) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 09/1/07 and 1/48th per month thereafter.
(10) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/04 and 1/48th per month thereafter.
(11) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/06 and 1/48th per month thereafter.
(12) The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/05 and 1/48th per month thereafter.
(13) The option grant is subject to a four-year vesting schedule, vesting 50% on 11/22/07 and 1/48th per month thereafter.

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