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Meta Platforms, Inc. — Director's Dealing 2016
Oct 21, 2016
29738_dirs_2016-10-21_df4ea883-d2bb-46f7-b311-6e4d025d645c.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: 2016-10-19
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.