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Meta Platforms, Inc. — Director's Dealing 2014
Sep 8, 2014
29738_dirs_2014-09-08_84acd348-763e-4641-aa89-53bc3359293b.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: 2014-09-04
Reporting Person: Schroepfer Michael Todd (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-04 | Class A Common Stock | C | 75000 | $0.00 | Acquired | 305401 | Direct |
| 2014-09-04 | Class A Common Stock | S | 75000 | $75.90 | Disposed | 230401 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-09-04 | Stock Option (Right to Buy Class B Common Stock) | $1.85 | M | 75000 | Disposed | 2019-01-11 | Class B Common Stock (75000) | Direct |
| 2014-09-04 | Class B Common Stock | $ | M | 75000 | Acquired | Class A Common Stock (75000) | Direct | |
| 2014-09-04 | Class B Common Stock | $ | C | 75000 | Disposed | Class A Common Stock (75000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy Class B Common Stock) | $1.85 | 2019-01-11 | Class B Common Stock (63940) | 63940 | 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 exercise of vested stock options.
F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3: The option was 100% vested on August 13, 2013. In connection with certain estate planning transfers, options to purchase an aggregate of 736,060 vested shares are held by Michael Schroepfer and Erin Hoffmann, Co-Trustees of the HS Trust u/a/d 9/28/11.
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.
F6: The option was 100% vested on August 13, 2013.
F7: Shares held of record by Michael T. Schroepfer and Erin Hoffmann, Co-Trustees of The Clover Irrevocable Nonexempt Trust u/a/d 6/27/11.