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Meta Platforms, Inc. — Director's Dealing 2016
Nov 30, 2016
29738_dirs_2016-11-30_0a3509d1-8756-45b9-8ec1-bf75a6df71dc.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: 2016-11-21
Reporting Person: Sandberg Sheryl (Director, Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-21 | Class A Common Stock | G | 880000 | — | Disposed | 3097344 | Direct |
| 2016-11-28 | Class A Common Stock | C | 52404 | $10.388 | Acquired | 3149748 | Direct |
| 2016-11-28 | Class A Common Stock | S | 25843 | $120.4313 | Disposed | 3123905 | Direct |
| 2016-11-28 | Class A Common Stock | S | 26561 | $121.1244 | Disposed | 3097344 | Direct |
| 2016-11-28 | Class A Common Stock | S | 27096 | $120.4201 | Disposed | 3070248 | Direct |
| 2016-11-28 | Class A Common Stock | S | 29500 | $121.1174 | Disposed | 3040748 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-28 | Stock Option (Right to Buy Class B Common Stock) | $10.388 | M | 52404 | Disposed | 2020-07-22 | Class B Common Stock (52404) | Direct |
| 2016-11-28 | Class B Common Stock | $ | M | 52404 | Acquired | Class A Common Stock (52404) | Direct | |
| 2016-11-28 | Class B Common Stock | $ | C | 52404 | Disposed | Class A Common Stock (52404) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 23824 | Indirect |
Footnotes
F1: Represents shares of Class A Common Stock that the reporting person donated as a gift to the Sheryl Sandberg & Dave Goldberg Family Fund, a donor advised fund.
F2: Represents the number of shares that were acquired upon the conversion of Class B Common Stock to Class A Common Stock in connection with the exercise of the stock option listed in Table II.
F3: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.88 to $120.87 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 $120.88 to $121.67 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.86 to $120.85 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.
F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.86 to $121.67 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.
F8: Shares held of record by Sheryl K. Sandberg, Trustee of the Sandberg-Goldberg Family Trust Dated September 3, 2004.
F9: The option vests as to 1/48th of the total shares monthly, beginning on May 1, 2013, subject to continued service through each vesting date.
F10: 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.
F11: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.