Shares increase by 14 M for options give away. Everything for insiders, nothing for shareholders. Looks like EBAY is getting greedy!
eBay Stockholders Approve Proposals at Company's Annual Meeting
6/26/2003 9:06:00 AM
ORLANDO, Fla., Jun 26, 2003 (BUSINESS WIRE) -- eBay (EBAY) (www.ebay.com), the world's online marketplace, held its annual meeting of stockholders today in Orlando, Florida. At the meeting, eBay's stockholders approved all four proposals presented in the company's Proxy Statement.
As a result of the stockholder vote, an amendment to the 2001 Equity Incentive Plan was approved to increase by 14,000,000 the number of shares of common stock that may be issued under the 2001 Plan.
Also approved were: the adoption of a 2003 Deferred Stock Unit Plan; the re-election of directors Dawn G. Lepore and Pierre Omidyar to hold office until 2006; and the ratification of PricewaterhouseCoopers LLP as the company's independent auditors for the fiscal year ending December 31, 2003.
A full tally of the votes will be published in eBay's quarterly report on Form 10-Q for the quarter ended June 30, 2003, which will be filed on or about the week of August 11, 2003.
Fred |
