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Meta Platforms, Inc. — Director's Dealing 2014
Aug 29, 2014
29738_dirs_2014-08-29_55675888-d792-4431-bd07-d11f10f6edce.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: 2014-08-27
Reporting Person: THIEL PETER (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-27 | Class A Common Stock | S | 29654 | $74.828 | Disposed | 0 | Indirect |
| 2014-08-27 | Class A Common Stock | S | 293096 | $74.8204 | Disposed | 0 | Indirect |
| 2014-08-27 | Class A Common Stock | S | 20568 | $74.8318 | Disposed | 0 | Indirect |
| 2014-08-27 | Class A Common Stock | S | 37242 | $74.8172 | Disposed | 0 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 2144066 | Indirect |
Footnotes
F1: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2: The reporting person is the Manager of Lembas, LLC ("Lembas"), and has sole voting and investment power over the securities held by Lembas. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3: Of the 293,096 shares sold, 70,509 shares were received by PT Ventures, LLC ("PTV") from The Founders Fund, LP following a pro rata distribution to its partners, without consideration, exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.7967 to $74.8279 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4).
F5: The reporting person is the Manager of PTV, and has sole voting and investment power over the securities held by PTV. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F6: Of the 20,568 shares sold, 16,989 shares were received by Thiel Capital LLC ("TC") from The Founders Fund Management, LLC and 3,579 shares were received by TC from The Founders Fund II Management, LLC following pro rata distributions by those entities to their members, without consideration, exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.803 to $74.8379 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (7).
F8: The reporting person is the Manager of TC, and has sole voting and investment power over the securities held by TC.
F9: Of the 37,242 shares sold, 17,541 shares were received by the reporting person from The Founders Fund II, LP and 15,956 shares were received by the reporting person from The Founders Fund II Principals Fund, LP following pro rata distributions by those entities to their partners, without consideration, exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
F10: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.7967 to $74.9772 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (10).
F11: The reporting person is the beneficial owner of Rivendell One LLC ("Rivendell"), and has sole voting and investment power over the securities held by Rivendell.