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Meta Platforms, Inc. — Director's Dealing 2013
May 9, 2013
29738_dirs_2013-05-09_3889a4cc-b82c-4d26-8942-79b7dae70e80.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: 2013-05-06
Reporting Person: Spillane David (Chief Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-06 | Restricted Stock Unit (RSU) | $ | A | 69330 | Acquired | 2023-05-05 | Class A Common Stock (69330) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit (RSU) | $ | 2020-02-25 | Class B Common Stock (28340) | 28340 | Direct |
| Restricted Stock Unit (RSU) | $ | 2021-03-24 | Class B Common Stock (45469) | 45469 | Direct |
| Restricted Stock Unit (RSU) | $ | 2022-05-02 | Class B Common Stock (21240) | 21240 | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F2: The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2013, subject to continued service through each vesting date.
F3: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
F4: 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. The liquidity event-based vesting condition was satisfied on November 17, 2012. The service-based vesting condition was satisfied as to 1/4th of the total number of shares on February 15, 2011 and then an additional 1/16th of the total number of shares vest quarterly thereafter, subject to continued service through each vesting date.
F5: 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.
F6: Pursuant to the terms of the RSU award, the vesting condition was satisfied as to 1/5th of the total number of shares on January 15, 2012, and then 1/20th of the total number of shares vest quarterly thereafter, subject to continued service through each vesting date.
F7: The RSUs vested as to 1/4th of the total shares on February 15, 2013, and then 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.