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Meta Platforms, Inc. Director's Dealing 2014

Nov 18, 2014

29738_dirs_2014-11-18_5b365406-dc5d-4bfd-b6e1-d8873f2ab141.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: 2014-11-15

Reporting Person: Wehner David M. (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-11-15 Class A Common Stock M 18750 Acquired 18750 Direct
2014-11-15 Class A Common Stock M 5370 Acquired 24120 Direct
2014-11-17 Class A Common Stock S 10487 $74.3467 Disposed 13633 Direct
2014-11-17 Class A Common Stock S 2100 $75.2652 Disposed 11533 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-11-15 Restricted Stock Units (RSU) $ M 18750 Disposed 2023-01-14 Class A Common Stock (18750) Direct
2014-11-15 Restricted Stock Units (RSU) $ M 5370 Disposed 2023-05-05 Class A Common Stock (5370) Direct

Footnotes

F1: 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.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.04 to $74.97 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 (2).

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.06 to $75.54 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).

F4: Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.

F5: The RSUs vested as to 1/4th of the total shares on November 15, 2013 and then an additional 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.

F6: The RSUs vest as to 1/16th of the total shares on February 15, 2014 and then an additional 1/16th of the total shares vest quarterly thereafer, subject to continued service through each vesting date.