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Meta Platforms, Inc. Director's Dealing 2013

Apr 3, 2013

29738_dirs_2013-04-03_97346b8c-8c9c-45eb-b388-09a2f2547ea0.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: 2013-04-01

Reporting Person: Sandberg Sheryl (Director, Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-04-01 Class A Common Stock C 334216 $0.00 Acquired 16356418 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-04-01 Restricted Stock Unit (RSU) $ M 698905 Disposed 2018-07-31 Class B Common Stock (698905) Direct
2013-04-01 Class B Common Stock $ M 698905 Acquired Class A Common Stock (698905) Direct
2013-04-01 Class B Common Stock $ F 364689 Disposed Class A Common Stock (364689) Direct
2013-04-01 Class B Common Stock $ C 334216 Disposed Class A Common Stock (334216) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 1758286 Indirect
Class A Common Stock 7780 Indirect

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 $25.58 per share, which represented the closing price of the issuer's Class A Common Stock on March 29, 2013.

F2: Shares held of record by Sheryl K. Sandberg, Trustee of the Sheryl K. Sandberg 2008 Annuity Trust dated April 15, 2008.

F3: Shares held of record by Sheryl K. Sandberg, Trustee of the Sandberg-Goldberg Family Trust dated September 3, 2004.

F4: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.

F5: 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. Pursuant to the terms of the RSU award, the service-based vesting condition was satisfied as to 89% of the total shares underlying the RSUs on October 1, 2012, and then 1.833% of the total number of remaining shares vest monthly thereafter, subject to continued service through each vesting date.

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: 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.

F8: 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.