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 *
Donahoe John J
   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, eBay Business Unit
(Last)
(First)
(Middle)
C/O EBAY INC., 2145 HAMILTON AVE		 3. Date of Earliest Transaction (Month/Day/Year)
03/01/2007
(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               1,586 D  

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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) $ 31.93 03/01/2007   A   260,400     (1) 03/01/2014 Common Stock 260,400 $ 0 260,400 D  
Restricted Stock Units (RSUs) (2) 03/01/2007   A   150,000     (3)   (4) Common Stock 150,000 $ 0 150,000 D  
Non-Qualified Stock Option (right to buy) $ 35.5               (5) 03/25/2015 Common Stock 1,000,000   1,000,000 D  
Non-Qualified Stock Option (right to buy) $ 39.9               (6) 03/01/2013 Common Stock 350,000   350,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Donahoe John J
C/O EBAY INC.
2145 HAMILTON AVE
SAN JOSE, CA 95125		       President, eBay Business Unit  

Signatures

 John Joseph Donahoe   03/05/2007
**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 option grant is subject to a four-year vesting schedule, vesting 12.5% on 09/1/07 and 1/48th per month thereafter.
(2) Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
(3) The reporting person received restricted stock units of 150,000 shares subject to a five-year vesting schedule, vesting 30% on 3/1/10, vesting an incremental 30% on 3/1/11 and vesting the remaining 40% on 3/1/12.
(4) Not Applicable.
(5) Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.
(6) The option grant is subject to a five-year vesting schedule, vesting 30% on 3/1/09, vesting an incremental 30% on 3/1/10 and vesting the remaining 40% on 3/1/11.
 
Remarks:
In addition to the equity grants made on 3/1/07 and described above, the reporting person was awarded performance-based restricted stock units, or PBRSUs. PBRSUs represent the right to receive shares of eBay common stock, and will vest upon the attainment of certain financial performance goals by eBay Inc. A portion of these PBRSUs are subject to vesting based upon attainment of performance goals relating to 2007, and the remainder of these PBRSUs are subject to vesting based upon attainment of performance goals relating to 2007 and 2008. Vesting of the PBRSUs, if any, will be reported on a future filing on Form 4.  In addition, Table I, Columun 5,  includes 793 shares acquired under eBay's Employee Stock Purchase Plan on April 28, 2006 .

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