Meta Platforms, Inc. — Director's Dealing 2012

Nov 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Facebook Inc (FB)
CIK: 0001326801
Period of Report: 2012-10-31

Reporting Person: Ullyot Theodore Warren (VP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-31	Class A Common Stock	C	35600	$0.00	Acquired	1387403	Direct
2012-10-31	Class A Common Stock	S	142375	$20.986	Disposed	1245028	Direct
2012-11-01	Class A Common Stock	C	28720	$0.00	Acquired	1273748	Direct
2012-11-01	Class A Common Stock	S	6700	$21.1441	Disposed	1267048	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-31	Class B Common Stock	$	C	35600	Disposed		Class A Common Stock (35600)	Direct
2012-11-01	Restricted Stock Units (RSU)	$	M	53865	Disposed	2019-01-11	Class B Common Stock (53865)	Direct
2012-11-01	Class B Common Stock	$	M	53865	Acquired		Class A Common Stock (53865)	Direct
2012-11-01	Class B Common Stock	$	F	25145	Disposed		Class A Common Stock (25145)	Direct
2012-11-01	Class B Common Stock	$	C	28720	Disposed		Class A Common Stock (28720)	Direct

Footnotes

F1: Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock at the election of the reporting person.

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 1, 2012.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.76 to $21.15 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3).

F4: Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock in connection with the net settlement of restricted stock units (the "RSUs") listed in Table II, based on a price of $21.115 per share, which represented the closing price of the issuer's Class A Common Stock on October 31, 2012.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.14 to $21.15 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5).

F6: 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.

F7: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.

F8: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.

F9: The RSUs were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which conditions must be satisfied in order for the RSUs to vest. Pursuant to the terms of the RSU award, the service-based vesting condition was satisfied as to 1/5th of the total number of shares on November 1, 2009 and then 1/60th of the total number of shares vest monthly thereafter, subject to continued service through each vesting date. The liquidity event-based vesting condition is satisfied six months after the issuer's initial public offering, which was declared effective on May 17, 2012. Under settlement procedures applicable to the RSUs, the issuer is permitted to deliver the underlying shares within 30 days before or after the date on which the liquidity event-based condition is satisfied.

F10: Represents shares of Class B Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a sale by the reporting person.

F11: Represents shares of Class B Common Stock that have been converted to Class A Common Stock in connection with the net settlement of the RSUs.