FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
JACOBSON MICHAEL R
(Last)(First)(Middle)
C/O EBAY INC., 2145 HAMILTON AVE
(Street)
SAN JOSECA95125
(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
EBAY INC [EBAY]		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Legal Affairs, GC & Sec
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person

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)
CodeVAmount(A) or (D)Price
Common Stock         322,747 D  
Common Stock         147,981 I by Partnership

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 Security3. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSUs) (1) 09/02/2008 A  125,000   (2) (3) Common Stock 125,000 $ 0 125,000 D  
Non-Qualified Stock Option (right to buy) $ 10.0157        (4)01/12/2011 Common Stock 1,340,136   1,340,136 D  
Non-Qualified Stock Option (right to buy) $ 14.5125        (5)02/12/2012 Common Stock 500,000   500,000 D  
Non-Qualified Stock Option (right to buy) $ 19.3875        (6)03/03/2013 Common Stock 500,000   500,000 D  
Non-Qualified Stock Option (right to buy) $ 25.85        (7)03/03/2015 Common Stock 91,250   91,250 D  
Non-Qualified Stock Option (right to buy) $ 31.93        (8)03/01/2014 Common Stock 148,800   148,800 D  
Non-Qualified Stock Option (right to buy) $ 34.615        (9)03/01/2014 Common Stock 250,000   250,000 D  
Non-Qualified Stock Option (right to buy) $ 39.9        (10)03/01/2013 Common Stock 110,000   110,000 D  
Non-Qualified Stock Option (right to buy) $ 42.58        (11)03/01/2015 Common Stock 140,000   140,000 D  
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of eBay's common stock.
2. The reporting person received restricted stock units of 125,000 shares subject to a three-year vesting schedule, vesting 1/3 on 3/1/09 and 1/3 annually thereafter.
3. Not Applicable.
4. The option becomes exercisable beginning 09/24/02 and 1/48 per month thereafter over four years.
5. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 8/12/02 and 1/48th per month thereafter.
6. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/01/03 and 1/48th per month thereafter.
7. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/08 and 1/48th per month thereafter.
8. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/07 and 1/48th per month thereafter.
9. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/04 and 1/48th per month thereafter.
10. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/06 and 1/48th per month thereafter.
11. The option grant is subject to a four-year vesting schedule, vesting 12.5% on 9/1/05 and 1/48th per month thereafter.
Michael Richard Jacobson09/03/2008
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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