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Meta Platforms, Inc. — Director's Dealing 2013
Oct 16, 2013
29738_dirs_2013-10-16_6e283ff5-da1b-4d41-b759-81aa022525ed.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: 2013-10-15
Reporting Person: BOWLES ERSKINE B (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-10-15 | Class A Common Stock | C | 1250 | $0.00 | Acquired | 10416 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-10-15 | Restricted Stock Unit (RSU) | $ | M | 1250 | Disposed | 2021-09-05 | Class B Common Stock (1250) | Direct |
| 2013-10-15 | Class B Common Stock | $ | M | 1250 | Acquired | Class A Common Stock (1250) | Direct | |
| 2013-10-15 | Class B Common Stock | $ | C | 1250 | Disposed | Class A Common Stock (1250) | 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 settlement of the restricted stock units (the "RSUs") listed in Table II.
F2: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
F3: Pursuant to the terms of the RSU award, the vesting condition was satisfied as to 13/48 of the total number of shares on October 15, 2012, and then 1/16th of the total number of shares vest quarterly thereafter, not to exceed 11 quarterly installments, with the final 2/48th of the total number of shares vesting on October 15, 2015, 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: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.