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Meta Platforms, Inc. — Director's Dealing 2015
Jan 20, 2015
29738_dirs_2015-01-20_5b0b7f54-157a-4981-b4fe-09c0863fc23a.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: 2015-01-15
Reporting Person: HASTINGS REED (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-15 | Class A Common Stock | C | 1250 | — | Acquired | 71804 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-15 | Restricted Stock Unit (RSU) | $ | M | 1250 | Disposed | 2021-06-21 | Class B Common Stock (1250) | Direct |
| 2015-01-15 | Class B Common Stock | $ | M | 1250 | Acquired | Class A Common Stock (1250) | Direct | |
| 2015-01-15 | Class B Common Stock | $ | C | 1250 | Disposed | Class A Common Stock (1250) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 47846 | 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 settlement of the restricted stock units (the "RSUs") listed in Table II.
F2: Shares held of record by Reed Hastings and Patty Quillin, co-Trustees of the Hastings-Quillin Family Trust.
F3: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
F4: Pursuant to the terms of the RSU award, the vesting condition was satisfied as to 1/4 of the total number of shares on July 15, 2012, and then 1/16th of the total number of shares vest quarterly thereafter, subject to continued service through each vesting date.
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 holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.