We study a transverse instability of the nonlinear equilibria known as elec
tron phase-space holes in the presence of a magnetic field. The instability
is intrinsically two dimensional and is determined by the dynamics of the
trapped electrons. It depends on hole amplitudes, ambient magnetic fields,
and the perpendicular velocity spread. The long-standing hole stability pro
blem in multiple dimensions can be characterized by the gyro-to-bounce freq
uency ratio A low ratio associated with a small perpendicular velocity spre
ad results in a disintegration of the positive potential spikes.