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Meta Platforms, Inc. — Director's Dealing 2016
Feb 17, 2016
29738_dirs_2016-02-17_fb9b32c4-91f2-4d13-ad81-38baff33bbf3.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: 2016-02-15
Reporting Person: Athwal Jas (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-15 | Class A Common Stock | M | 4452 | — | Acquired | 121627 | Direct |
| 2016-02-15 | Class A Common Stock | M | 2506 | — | Acquired | 124133 | Direct |
| 2016-02-15 | Class A Common Stock | M | 9905 | — | Acquired | 134038 | Direct |
| 2016-02-15 | Class A Common Stock | C | 517 | — | Acquired | 134555 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 4452 | Disposed | 2023-05-05 | Class A Common Stock (4452) | Direct |
| 2016-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 2506 | Disposed | 2024-03-16 | Class A Common Stock (2506) | Direct |
| 2016-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 9905 | Disposed | 2025-03-15 | Class A Common Stock (9905) | Direct |
| 2016-02-15 | Restricted Stock Unit (RSU) (Class B) | $ | M | 517 | Disposed | 2022-05-02 | Class B Common Stock (517) | Direct |
| 2016-02-15 | Class B Common Stock | $ | M | 517 | Acquired | Class A Common Stock (517) | Direct | |
| 2016-02-15 | Class B Common Stock | $ | C | 517 | Disposed | Class A Common Stock (517) | 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 (the "RSUs") listed in Table II.
F2: Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F3: The RSUs vested as to 1/4th of the total shares on February 15, 2014, and then 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F4: The RSUs vest as to 1/16th of the total shares quarterly, beginning February 15, 2015, subject to continued service through each vesting date.
F5: The RSUs vest as to 1/4th of the total shares on February 15, 2016, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F6: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
F7: The RSUs vested as to 1/4th of the total shares on February 15, 2013, and then 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F8: 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.
F9: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.