AI assistant
Meta Platforms, Inc. — Director's Dealing 2012
May 17, 2012
29738_dirs_2012-05-17_4c4363d4-ef7d-48f6-8b30-03ff26a7a07b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Facebook Inc (FB)
CIK: 0001326801
Period of Report: 2012-05-17
Reporting Person: Spillane David (Chief Accounting Officer)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units (RSU) | $ | 2021-03-24 | Class B Common Stock (82670) | Direct | |
| Restricted Stock Units (RSU) | $ | 2022-05-02 | Class B Common Stock (28320) | Direct |
Footnotes
F1: The RSUs vested as to 1/5th of the total shares on January 15, 2012, after which 1/20th of the total shares vest quarterly, subject to continued service through each vesting date.
F2: The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date. Upon the closing of the issuer's sale of its Class A Common Stock in its firm commitment underwritten initial public offering pursuant to a registration statement on Form S-1 (File No. 333-179287) under the Securities Act of 1933, as amended, the Class B Common Stock will also become convertible into the issuer's Class A Common Stock on the same basis upon certain transfers of such shares.
F3: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
F4: The RSUs vest as to 1/4th of the total shares on February 15, 2013, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.