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Meta Platforms, Inc. — Director's Dealing 2016
Jul 5, 2016
29738_dirs_2016-07-05_a01fb95b-21ea-4ecd-b1cc-9cd9c59acc7a.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: 2016-07-01
Reporting Person: Schroepfer Michael Todd (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-01 | Class A Common Stock | C | 20000 | $1.854 | Acquired | 579862 | Direct |
| 2016-07-01 | Class A Common Stock | S | 20000 | $114.20 | Disposed | 559862 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-01 | Stock Option (Right to Buy Class B Common Stock) | $1.854 | M | 20000 | Disposed | 2019-01-11 | Class B Common Stock (20000) | Direct |
| 2016-07-01 | Class B Common Stock | $ | M | 20000 | Acquired | Class A Common Stock (20000) | Direct | |
| 2016-07-01 | Class B Common Stock | $ | C | 20000 | Disposed | Class A Common Stock (20000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy Class B Common Stock) | $1.854 | 2019-01-11 | Class B Common Stock (26940) | 26940 | 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 option was 100% vested on August 13, 2013. In connection with certain estate planning transfers, options to purchase a portion of the vested shares are held by Michael Schroepfer and Erin Hoffmann, Co-Trustees of the HS Trust u/a/d 9/28/11.
F4: 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.
F5: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.
F6: The option was 100% vested on August 13, 2013.
F7: Shares held of record by Michael T. Schroepfer and Erin Hoffmann, Co-Trustees of The Clover Irrevocable Nonexempt Trust u/a/d 6/27/11.