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Meta Platforms, Inc. Director's Dealing 2013

Feb 20, 2013

29738_dirs_2013-02-20_e35e894b-af43-4ebe-a8e2-617b267f17f3.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: 2013-02-15

Reporting Person: Spillane David (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-02-15 Class A Common Stock C 6773 $0.00 Acquired 157816 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-02-15 Restricted Stock Units (RSU) $ M 7085 Disposed 2020-02-25 Class B Common Stock (7085) Direct
2013-02-15 Class B Common Stock $ M 7085 Acquired Class A Common Stock (7085) Direct
2013-02-15 Class B Common Stock $ F 3697 Disposed Class A Common Stock (3697) Direct
2013-02-15 Class B Common Stock $ C 3388 Disposed Class A Common Stock (3388) Direct
2013-02-15 Restricted Stock Unit (RSU) $ M 7080 Disposed 2022-05-02 Class B Common Stock (7080) Direct
2013-02-15 Class B Common Stock $ M 7080 Acquired Class A Common Stock (7080) Direct
2013-02-15 Class B Common Stock $ F 3695 Disposed Class A Common Stock (3695) Direct
2013-02-15 Class B Common Stock $ C 3385 Disposed Class A Common Stock (3385) Direct

Footnotes

F1: 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 $28.50 per share, which represented the closing price of the issuer's Class A Common Stock on February 14, 2013.

F2: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.

F3: 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 shares on February 15, 2011 and then, beginning on February 15, 2013, an additional 1/16th of the total number of shares vest quarterly thereafter, subject to continued service through each vesting date.

F4: 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.

F5: 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.

F6: 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.

F7: The RSUs vest as to 1/4th of the total number of shares on February 15, 2013, and then 1/16th of the total number of shares vest quarterly thereafter, subject to continued service through each vesting date.