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Meta Platforms, Inc. Director's Dealing 2014

May 19, 2014

29738_dirs_2014-05-19_764fb332-bf5d-4ede-a126-cfa7e184a762.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: 2014-05-15

Reporting Person: Athwal Jas (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-15 Class A Common Stock C 7601 $0.00 Acquired 137005 Direct
2014-05-15 Class A Common Stock M 4451 Acquired 141456 Direct
2014-05-15 Class A Common Stock S 6290 $57.9804 Disposed 135166 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-05-15 Restricted Stock Unit (RSU) $ M 7085 Disposed 2020-08-25 Class B Common Stock (7085) Direct
2014-05-15 Class B Common Stock $ M 7085 Acquired Class A Common Stock (7085) Direct
2014-05-15 Class B Common Stock $ C 7085 Disposed Class A Common Stock (7085) Direct
2014-05-15 Restricted Stock Unit (RSU) $ M 516 Disposed 2022-05-02 Class B Common Stock (516) Direct
2014-05-15 Class B Common Stock $ M 516 Acquired Class A Common Stock (516) Direct
2014-05-15 Class B Common Stock $ C 516 Disposed Class A Common Stock (516) Direct
2014-05-15 Restricted Stock Unit (RSU) $ M 4451 Disposed 2023-05-05 Class A Common Stock (4451) 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") in Table II.

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

F3: Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.54 to $58.49 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 (3).

F5: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.

F6: 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 condition was satisfied on November 17, 2012. The service-based condition was satisfied as to 1/4th of the total number of shares on August 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.

F7: 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.

F8: The holder elected to convert the shares of Class B Common Stock to Class A Common Stock on a 1-for-1 basis.

F9: The RSU 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.

F10: The RSUs vest as to 1/4th of the total shares on February 15, 2014, and then 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.