Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Meta Platforms, Inc. Director's Dealing 2016

Oct 21, 2016

29738_dirs_2016-10-21_df4ea883-d2bb-46f7-b311-6e4d025d645c.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Facebook Inc (FB)
CIK: 0001326801
Period of Report: 2016-10-19

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-10-19 Class A Common Stock C 104808 $10.388 Acquired 4225056 Direct
2016-10-19 Class A Common Stock S 218000 $129.94 Disposed 4007056 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-10-19 Stock Option (Right to Buy Class B Common Stock) $10.388 M 104808 Disposed 2020-07-22 Class B Common Stock (104808) Direct
2016-10-19 Class B Common Stock $ M 104808 Acquired Class A Common Stock (104808) Direct
2016-10-19 Class B Common Stock $ C 104808 Disposed Class A Common Stock (104808) 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: Shares held of record by Sheryl K. Sandberg, Trustee of the Sandberg-Goldberg Family Trust Dated September 3, 2004.

F4: 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.

F5: 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.

F6: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.