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Meta Platforms, Inc. Director's Dealing 2016

Mar 17, 2016

29738_dirs_2016-03-17_f17cf0c6-1c2b-4e19-a8df-e63ff5d06042.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: 2016-03-15

Reporting Person: Sandberg Sheryl (Director, Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-03-17 Class A Common Stock C 52404 $10.388 Acquired 5086700 Direct
2016-03-17 Class A Common Stock S 40704 $111.3281 Disposed 5045996 Direct
2016-03-17 Class A Common Stock S 11700 $111.9339 Disposed 5034296 Direct
2016-03-17 Class A Common Stock S 44290 $111.3306 Disposed 4990006 Direct
2016-03-17 Class A Common Stock S 12306 $111.938 Disposed 4977700 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-03-15 Restricted Stock Units (RSU) (Class A) $ A 179890 Acquired 2026-03-14 Class A Common Stock (179890) Direct
2016-03-17 Stock Option (Right to Buy Class B Common Stock) $10.388 M 52404 Disposed 2020-07-22 Class B Common Stock (52404) Direct
2016-03-17 Class B Common Stock $ M 52404 Acquired Class A Common Stock (52404) Direct
2016-03-17 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 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 options listed in Table II.

F2: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted 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 $110.74 to $111.73 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 $111.74 to $112.61 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: Shares held of record by Sheryl K. Sandberg, Trustee of the Sandberg-Goldberg Family Trust Dated September 3, 2004.

F6: Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.

F7: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following May 15, 2019, subject to continued service through each vesting date.

F8: 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.

F9: 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.

F10: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.