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Meta Platforms, Inc. Director's Dealing 2014

Aug 19, 2014

29738_dirs_2014-08-19_8b5f5321-61ed-482c-8d1b-848247ceb60c.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: 2014-08-01

Reporting Person: Cox Christopher K (Chief Product Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-08-01 Class A Common Stock G 29216 $0.00 Disposed 0 Indirect
2014-08-01 Class A Common Stock G 400 $0.00 Acquired 575251 Direct
2014-08-01 Class A Common Stock G 400 $0.00 Disposed 574851 Direct
2014-08-01 Class A Common Stock G 400 $0.00 Acquired 144624 Indirect
2014-08-01 Class A Common Stock G 28816 $0.00 Acquired 28816 Indirect
2014-08-06 Class A Common Stock G 41029 $0.00 Disposed 103595 Indirect
2014-08-15 Class A Common Stock C 86585 $0.00 Acquired 661436 Direct
2014-08-15 Class A Common Stock S 35858 $73.5311 Disposed 625578 Direct
2014-08-15 Class A Common Stock S 9323 $74.2463 Disposed 616255 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-08-15 Restricted Stock Unit (RSU) $ M 86585 Disposed 2020-08-25 Class B Common Stock (86585) Direct
2014-08-15 Class B Common Stock $ M 86585 Acquired Class A Common Stock (86585) Direct
2014-08-15 Class B Common Stock $ C 86585 Disposed Class A Common Stock (86585) Direct

Footnotes

F1: Shares held of record by Christopher Cox, Trustee of the Christopher K. Cox 2009 Annuity Trust.

F2: Shares held of record by Christopher Cox, Trustee of the Christopher K. Cox Revocable Trust.

F3: Shares held of record by Remainder Interest Trust Created under the Christopher K. Cox 2009 Annuity Trust dated 5/29/2009, Visra Vichit-Vadakan, Trustee, the beneficiaries of which include the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.

F4: 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.

F5: 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.

F6: he reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.05 to $74.03 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 (6).

F7: he reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.06 to $74.41 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: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.

F9: The RSUs vest as to 1/16th of the total number of shares quarterly, beginning on August 15, 2013, subject to continued service through each vesting date.

F10: 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.

F11: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.