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Meta Platforms, Inc. — Director's Dealing 2016
Feb 18, 2016
29738_dirs_2016-02-18_fc5362a4-7c9d-47bd-b953-fd8eecdfa37c.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: 2016-02-16
Reporting Person: Athwal Jas (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-16 | Class A Common Stock | S | 3668 | $100.8162 | Disposed | 130887 | Direct |
| 2016-02-16 | Class A Common Stock | S | 653 | $101.573 | Disposed | 130234 | Direct |
| 2016-02-16 | Class A Common Stock | S | 2800 | $103.0757 | Disposed | 127434 | Direct |
| 2016-02-16 | Class A Common Stock | S | 1000 | $103.635 | Disposed | 126434 | Direct |
| 2016-02-16 | Class A Common Stock | S | 10000 | $103.80 | Disposed | 116434 | 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 RSUs reported on a Form 4 filed on February 17, 2016. 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 $100.26 to $101.25 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.
F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.27 to $102.12 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.
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.47 to $103.46 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.
F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.51 to $103.80 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.
F6: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.