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Meta Platforms, Inc. — Director's Dealing 2014
Jan 2, 2014
29738_dirs_2014-01-02_27cf040c-6c24-44b9-98e5-8d2f3596bda0.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: 2013-12-30
Reporting Person: Schroepfer Michael Todd (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-30 | Class A Common Stock | S | 25000 | $54.90 | Disposed | 567918 | Direct |
| 2013-12-30 | Class A Common Stock | G | 200000 | $0.00 | Disposed | 367918 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-20 | Stock Option (Right to Buy Class B Common Stock) | $1.85 | G | 63940 | Disposed | 2019-01-11 | Class B Common Stock (63940) | Direct |
| 2013-11-20 | Stock Option (Right to Buy Class B Common Stock) | $1.85 | G | 63940 | Acquired | 2019-01-11 | Class B Common Stock (63940) | Indirect |
Footnotes
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2: Represents shares of Class A Common Stock that Michael Schroepfer donated as a gift to a charitable entity.
F3: Options and option shares reported on this line reflect transfers in connection with estate planning purposes. The shares were transferred by the Michael T. Schroepfer 2011 Annuity Trust u/a/d 6/27/11 and the Erin Hoffmann 2011 Annuity Trust u/a/d 6/27/11. No exercises, purchases or sales of securities are being reported in connection with this transaction.
F4: 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.
F5: 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.
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.