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Meta Platforms, Inc. Director's Dealing 2015

Aug 18, 2015

29738_dirs_2015-08-18_98f68852-aeb4-4269-909b-91b9c39dcd6d.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: 2015-08-15

Reporting Person: FISCHER DAVID B. (VP Marketing & Bus. Part.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-08-15 Class A Common Stock C 18789 Acquired 347878 Direct
2015-08-15 Class A Common Stock M 15035 Acquired 362913 Direct
2015-08-17 Class A Common Stock S 17651 $93.7485 Disposed 345262 Direct
2015-08-18 Class A Common Stock S 25000 $94.10 Disposed 320262 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-08-15 Restricted Stock Unit (RSU) (Class B) $ M 18789 Disposed 2022-05-02 Class B Common Stock (18789) Direct
2015-08-15 Class B Common Stock $ M 18789 Acquired Class A Common Stock (18789) Direct
2015-08-15 Class B Common Stock $ C 18789 Disposed Class A Common Stock (18789) Direct
2015-08-15 Restricted Stock Units (RSU) (Class A) $ M 15035 Disposed 2023-05-05 Class A Common Stock (15035) Direct

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 ("RSUs") listed in Table II.

F2: 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.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.52 to $94.10 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: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F5: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.

F6: The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2015, subject to continued service through each vesting date.

F7: 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.

F8: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.

F9: Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.

F10: The RSUs vest as to 1/16th of the total shares quarterly, beginning on November 15, 2014, subject to continued service through each vesting date.