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Meta Platforms, Inc. — Director's Dealing 2012
May 22, 2012
29738_dirs_2012-05-22_19547796-1fb2-4986-8dda-dae3dac0c1ab.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Facebook Inc (FB)
CIK: 0001326801
Period of Report: 2012-05-22
Reporting Person: ACCEL IX LP (10% Owner)
Reporting Person: James W. Breyer, Trustee of The James W. Breyer 2005 Trust, dated March 25, 2005 (10% Owner)
Reporting Person: James W. Breyer, Trustee of The James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011 (10% Owner)
Reporting Person: EFRUSY KEVIN (10% Owner)
Reporting Person: GOUW RANZETTA THERESIA (10% Owner)
Reporting Person: PATTERSON ARTHUR C (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-22 | Class A Common Stock | C | 10844263 | $0.00 | Acquired | 10844263 | Indirect |
| 2012-05-22 | Class A Common Stock | S | 3375545 | $37.58 | Disposed | 7468718 | Indirect |
| 2012-05-22 | Class A Common Stock | C | 704263 | $0.00 | Acquired | 704263 | Indirect |
| 2012-05-22 | Class A Common Stock | C | 149527730 | $0.00 | Acquired | 149527730 | Indirect |
| 2012-05-22 | Class A Common Stock | S | 43216317 | $37.58 | Disposed | 106311413 | Indirect |
| 2012-05-22 | Class A Common Stock | C | 15931653 | $0.00 | Acquired | 15931653 | Indirect |
| 2012-05-22 | Class A Common Stock | S | 4604228 | $37.58 | Disposed | 11327425 | Indirect |
| 2012-05-22 | Class A Common Stock | C | 13939214 | $0.00 | Acquired | 13939214 | Indirect |
| 2012-05-22 | Class A Common Stock | S | 4028678 | $37.58 | Disposed | 9910536 | Indirect |
| 2012-05-22 | Class A Common Stock | C | 2422564 | $0.00 | Acquired | 2422564 | Indirect |
| 2012-05-22 | Class A Common Stock | S | 2422564 | $37.58 | Disposed | 0 | Indirect |
| 2012-05-22 | Class A Common Stock | C | 47291 | $0.00 | Acquired | 47291 | Indirect |
| 2012-05-22 | Class A Common Stock | S | 47291 | $37.58 | Disposed | 0 | Indirect |
| 2012-05-22 | Class A Common Stock | C | 32278 | $0.00 | Acquired | 32278 | Indirect |
| 2012-05-22 | Class A Common Stock | S | 32278 | $37.58 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-05-22 | Series B Convertible Preferred Stock | $ | C | 10161282 | Disposed | Class B Common Stock (10211171) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 10211171 | Acquired | Class A Common Stock (10211171) | Indirect | |
| 2012-05-22 | Series C Convertible Preferred Stock | $ | C | 630000 | Disposed | Class B Common Stock (633092) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 633092 | Acquired | Class A Common Stock (633092) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 10844263 | Disposed | Class A Common Stock (108442643) | Indirect | |
| 2012-05-22 | Series B Convertible Preferred Stock | $ | C | 630823 | Disposed | Class B Common Stock (633920) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 633920 | Acquired | Class A Common Stock (633920) | Indirect | |
| 2012-05-22 | Series C Convertible Preferred Stock | $ | C | 70000 | Disposed | Class B Common Stock (70343) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 70343 | Acquired | Class A Common Stock (70343) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 704263 | Disposed | Class A Common Stock (704263) | Indirect | |
| 2012-05-22 | Series B Convertible Preferred Stock | $ | C | 139733902 | Disposed | Class B Common Stock (140419959) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 140419959 | Acquired | Class A Common Stock (140419959) | Indirect | |
| 2012-05-22 | Series C Convertible Preferred Stock | $ | C | 9063280 | Disposed | Class B Common Stock (9107771) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 9107771 | Acquired | Class A Common Stock (9107771) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 149527730 | Disposed | Class A Common Stock (149527730) | Indirect | |
| 2012-05-22 | Series B Convertible Preferred Stock | $ | C | 14888296 | Disposed | Class B Common Stock (14961394) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 14961394 | Acquired | Class A Common Stock (14961394) | Indirect | |
| 2012-05-22 | Series C Convertible Preferred Stock | $ | C | 965520 | Disposed | Class B Common Stock (970259) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 970259 | Acquired | Class A Common Stock (970259) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 15931653 | Disposed | Class A Common Stock (15931653) | Indirect | |
| 2012-05-22 | Series B Convertible Preferred Stock | $ | C | 13026232 | Disposed | Class B Common Stock (13090187) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 13090187 | Acquired | Class A Common Stock (13090187) | Indirect | |
| 2012-05-22 | Series C Convertible Preferred Stock | $ | C | 844880 | Disposed | Class B Common Stock (849027) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 849027 | Acquired | Class A Common Stock (849027) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 13939214 | Disposed | Class A Common Stock (13939214) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 2422564 | Disposed | Class A Common Stock (2422564) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 47291 | Disposed | Class A Common Stock (47291) | Indirect | |
| 2012-05-22 | Class B Common Stock | $ | C | 32278 | Disposed | Class A Common Stock (32278) | Indirect |
Footnotes
F1: James W. Breyer, a Director of the issuer, is trustee of the James W. Breyer 2005 Trust dated March 25, 2005.
F2: James W. Breyer, a Director of the issuer, is Trustee the of James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011.
F3: Accel IX Associates L.L.C. ("A9A"), which is the General Partner of Accel IX L.P. ("Accel IX"), has sole voting and investment power over the securities held by Accel IX. A9A disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, each of Kevin Efrusy, Ping Li, Arthur C. Patterson, Theresia Gouw Ranzetta and James W. Breyer, who is a Director of the issuer, is a Managing Member of A9A and may be deemed to share voting and investment power over the shares held of record by Accel IX. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4: A9A, which is the General Partner of Accel IX Strategic Partners L.P. ("Accel SP"), has sole voting and investment power over the securities held by Accel SP. A9A disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, each of Kevin Efrusy, Ping Li, Arthur C. Patterson, Theresia Gouw Ranzetta and James W. Breyer, who is a Director of the issuer, is a Managing Member of A9A and may be deemed to share voting and investment power over the shares held of record by Accel SP. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F5: Each of Kevin Efrusy, Ping Li, Arthur Patterson, Theresia Gouw Ranzetta and James W. Breyer, who is a Director of the issuer, is a Managing Member of Accel Investors 2005 L.L.C. ("Accel 2005"), and may be deemed to share voting and investment power over the securities held by Accel 2005. Each of such individuals disclaims beneficial ownership over such securities except to the extent of his or her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F6: Accel Growth Fund Associates L.L.C ("AGFA"), which is the General Partner of Accel Growth Fund L.P. ("Accel Growth"), has sole voting and investment power over the securities held by Accel Growth. AGFA disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, each of Kevin Efrusy, Ping Li, Theresia Gouw Ranzetta and James W. Breyer, who is a Director of the issuer, is a managing member of AGFA and may be deemed to share voting and investment power over the shares held of record by Accel Growth. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F7: AGFA, which is the General Partner of Accel Growth Fund Strategic Partners L.P. ("Accel Growth SP"), has sole voting and investment power over the securities held by Accel Growth SP. AGFA disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, each of Kevin Efrusy, Ping Li, Theresia Gouw Ranzetta and James W. Breyer, who is a Director of the issuer, is a Managing Member of AGFA and may be deemed to share voting and investment power over the shares held of record by Accel Growth SP. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F8: Each of Kevin Efrusy, Ping Li, Theresia Gouw Ranzetta and James W. Breyer, who is a Director of the issuer, is a Managing Member of Accel Growth Fund Investors 2009 L.L.C. ("Accel Growth 2009"), and may be deemed to share voting and investment power over the securities held by Accel Growth 2009. Each of such individuals disclaims beneficial ownership over such securities except to the extent of his or her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F9: Each share of the issuer's Series B Convertible Preferred Stock automatically converted into 1.00491 shares of the issuer's Class B Common Stock on May 22, 2012 in connection with the closing of the issuer's sale of its Class A Common Stock in its firm commitment initial public offering pursuant to a registration statement on Form S-1 (File No. 333-179287) under the Securities Act of 1933, as amended, and had no expiration date.
F10: The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date.
F11: Each share of the issuer's Series C Convertible Preferred Stock automatically converted into 1.004909 shares of the issuer's Class B Common Stock on May 22, 2012 in connection with the closing of the issuer's sale of its Class A Common Stock in its firm commitment initial public offering pursuant to a registration statement on Form S-1 (File No. 333-179287) under the Securities Act of 1933, as amended, and had no expiration date.
F12: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.
F13: The shares of Class B Common Stock automatically converted into Class A Common Stock on a 1-for-1 basis in connection with the transfer of such shares.