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Meta Platforms, Inc. — Director's Dealing 2017
Nov 16, 2017
29738_dirs_2017-11-16_b4bfb6dd-cb98-45b5-8b0f-aefcf24ae9c6.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: 2017-11-15
Reporting Person: Cox Christopher K (Chief Product Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-11-15 | Class A Common Stock | C | 34123 | — | Acquired | 67939 | Direct |
| 2017-11-15 | Class A Common Stock | F | 17806 | $178.07 | Disposed | 50133 | Direct |
| 2017-11-15 | Class A Common Stock | M | 26847 | — | Acquired | 76980 | Direct |
| 2017-11-15 | Class A Common Stock | F | 14009 | $178.07 | Disposed | 62971 | Direct |
| 2017-11-15 | Class A Common Stock | M | 10022 | — | Acquired | 72993 | Direct |
| 2017-11-15 | Class A Common Stock | F | 5230 | $178.07 | Disposed | 67763 | Direct |
| 2017-11-15 | Class A Common Stock | M | 8255 | — | Acquired | 76018 | Direct |
| 2017-11-15 | Class A Common Stock | F | 4308 | $178.07 | Disposed | 71710 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-15 | Restricted Stock Unit (RSU) (Class B) | $ | M | 34123 | Disposed | 2022-05-02 | Class B Common Stock (34123) | Direct |
| 2017-11-15 | Class B Common Stock | $ | M | 34123 | Acquired | Class A Common Stock (34123) | Direct | |
| 2017-11-15 | Class B Common Stock | $ | C | 34123 | Disposed | Class A Common Stock (34123) | Direct | |
| 2017-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 26847 | Disposed | 2023-05-05 | Class A Common Stock (26847) | Direct |
| 2017-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 10022 | Disposed | 2024-03-16 | Class A Common Stock (10022) | Direct |
| 2017-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 8255 | Disposed | 2025-03-15 | Class A Common Stock (8255) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 200000 | Indirect |
| Class A Common Stock | 28816 | Indirect |
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 ("RSUs") listed in Table II.
F2: Represents the number of shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a sale by the reporting person.
F3: Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox 2017 Annuity Trust u/a/d 10/24/2017.
F4: Shares held of record by Visra Vichit-Vadakan, Trustee of the Remainder Interest Trust under the Christopher K. Cox 2009 Annuity Trust u/a/d 5/29/2009, the beneficiaries of which include the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F5: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
F6: The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2017, subject to continued service through each vesting date.
F7: 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.
F8: Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F9: The RSUs vest as to 1/16th of the total shares quarterly, beginning on August 15, 2017, subject to continued service through each vesting date.
F10: The RSUs vest as to 1/16th of the total shares quarterly, beginning on May 15, 2016, subject to continued service through each vesting date.