<SUBMISSION>
<ACCESSION-NUMBER>0001186015-09-000004
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20091214
<FILING-DATE>20091216
<DATE-OF-FILING-DATE-CHANGE>20091216
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>LEPORE DAWN G
<CIK>0001186015
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-24821
<FILM-NUMBER>091245821
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET1>120 KEARNY STREET
<CITY>SAN FRANCISCO
<STATE>CA
<ZIP>94108
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>EBAY INC
<CIK>0001065088
<ASSIGNED-SIC>7389
<IRS-NUMBER>770430924
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>2145 HAMILTON AVENUE
<CITY>SAN JOSE
<STATE>CA
<ZIP>95125
<PHONE>408-376-7400
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2145 HAMILTON AVENUE
<CITY>SAN JOSE
<STATE>CA
<ZIP>95125
</MAIL-ADDRESS>
</ISSUER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgardoc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-12-14</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001065088</issuerCik>
        <issuerName>EBAY INC</issuerName>
        <issuerTradingSymbol>EBAY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
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            <rptOwnerCik>0001186015</rptOwnerCik>
            <rptOwnerName>LEPORE DAWN G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O DRUGSTORE.COM, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>411 108TH AVE NE, SUITE 1400</rptOwnerStreet2>
            <rptOwnerCity>BELLEVUE</rptOwnerCity>
            <rptOwnerState>WA</rptOwnerState>
            <rptOwnerZipCode>98004</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
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                <value>Common Stock</value>
            </securityTitle>
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                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>24111</value>
                </transactionShares>
                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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            </transactionAmounts>
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                <transactionPricePerShare>
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                <directOrIndirectOwnership>
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        </derivativeTransaction>
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            <exerciseDate>
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            <expirationDate>
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                <footnoteId id="F3"/>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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                </underlyingSecurityTitle>
                <underlyingSecurityShares>
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            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Non-Qualified Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>13.7525</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2012-06-05</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
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            <expirationDate>
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            <underlyingSecurity>
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                <underlyingSecurityShares>
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            <exerciseDate>
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            <expirationDate>
                <value>2011-05-25</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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            <exerciseDate>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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                <underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
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                <sharesOwnedFollowingTransaction>
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                <underlyingSecurityShares>
                    <value>10120</value>
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            <securityTitle>
                <value>Non-Qualified Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>31.61</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
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            <expirationDate>
                <value>2014-06-14</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeHolding>
            <securityTitle>
                <value>Non-Qualified Stock Option (right to buy)</value>
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                <value>34.44</value>
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            <exerciseDate>
                <footnoteId id="F2"/>
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            <expirationDate>
                <value>2015-06-23</value>
            </expirationDate>
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                <underlyingSecurityTitle>
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                <underlyingSecurityShares>
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                </underlyingSecurityShares>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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        <derivativeHolding>
            <securityTitle>
                <value>Non-Qualified Stock Option (right to buy)</value>
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            <exerciseDate>
                <footnoteId id="F2"/>
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                <value>2014-06-24</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>30000</value>
                </underlyingSecurityShares>
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    </derivativeTable>

    <footnotes>
        <footnote id="F1">In accordance with the terms of the 1998 Director Stock Option Plan, the reporting person surrendered these shares to eBay to pay for substantially all of the aggregate exercise price for the 24,111 shares acquired on December 14, 2009. The remainder of the exercise price was paid in cash. This option was set to expire on December 17, 2009 (ten years after the date of grant).</footnote>
        <footnote id="F2">Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter.</footnote>
        <footnote id="F3">In connection with the reporting person's continuous service as a non-employee director of the Company, such reporting person has been granted an exempt award of Deferred Stock Units (&quot;DSUs&quot;) at the time of the Company's annual meeting of stockholders.  The number of DSUs granted represents the quotient of  (A) $110,000 divided by (B) the Company's closing stock price on the date of grant.  The DSUs becomes vested as to 25% on the one year anniversary of the grant and 1/48th monthly thereafter, provided that the reporting person continues as a director or consultant of the Company through such date.</footnote>
        <footnote id="F4">In connection with the reporting person's continuous service as a non-employee director of the Company, such reporting person has been granted options at the time of the Company's annual meeting of stockholders.  The number of options granted is equal to the net present value of $110,000, calculated using the Black-Scholes valuation methodology on the date of grant.  Options become exercisable as to 25% on the one year anniversary date of the grant and 1/48th monthly thereafter, provided that the reporting person continues as a director or consultant of the Company through such date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Dawn G. Lepore</signatureName>
        <signatureDate>2009-12-15</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
