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Meta Platforms, Inc. Director's Dealing 2016

Jan 20, 2016

29738_dirs_2016-01-20_d49bd6fd-0006-4d0a-b768-09c6487978bd.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: 2016-01-15

Reporting Person: Stretch Colin (VP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-01-15 Class A Common Stock C 10088 Acquired 79600 Direct
2016-01-15 Class A Common Stock S 3877 $93.78 Disposed 75723 Direct
2016-01-19 Class A Common Stock S 1000 $96.46 Disposed 74723 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-01-15 Restricted Stock Unit (RSU) (Class B) $ M 10088 Disposed 2021-03-24 Class B Common Stock (10088) Direct
2016-01-15 Class B Common Stock $ M 10088 Acquired Class A Common Stock (10088) Direct
2016-01-15 Class B Common Stock $ C 10088 Disposed Class A Common Stock (10088) 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 sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

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

F5: The RSUs vested as to 1/5th of the total shares on January 15, 2012 and then an additional 1/20th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.

F6: 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.

F7: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.