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Meta Platforms, Inc. Director's Dealing 2017

Aug 10, 2017

29738_dirs_2017-08-10_4df83eb0-1bab-419e-a481-70aff672e59f.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: 2017-08-08

Reporting Person: Schroepfer Michael Todd (Chief Technology Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-08-08 Class A Common Stock C 35181 Acquired 882427 Direct
2017-08-08 Class A Common Stock C 31075 Acquired 913502 Direct
2017-08-08 Class A Common Stock S 13763 $171.3074 Disposed 899739 Direct
2017-08-08 Class A Common Stock S 15800 $172.1155 Disposed 883939 Direct
2017-08-08 Class A Common Stock S 8400 $172.8258 Disposed 875539 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-08-08 Stock Option (Right to Buy Class B Common Stock) $1.854 M 35181 Disposed 2019-01-11 Class B Common Stock (35181) Direct
2017-08-08 Class B Common Stock $ M 35181 Acquired Class A Common Stock (35181) Direct
2017-08-08 Class B Common Stock $ C 35181 Disposed Class A Common Stock (35181) Direct
2017-08-08 Stock Option (Right to Buy Class B Common Stock) $2.954 M 31075 Disposed 2019-08-18 Class B Common Stock (31075) Direct
2017-08-08 Class B Common Stock $ M 31075 Acquired Class A Common Stock (31075) Direct
2017-08-08 Class B Common Stock $ C 31075 Disposed Class A Common Stock (31075) 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 on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.68 to $171.67 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 written 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 $171.68 to $172.67 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.68 to $173.03 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: The option vested as to 1/5th of the total shares on October 29, 2009, after which 1/60th of the total shares vest monthly, subject to continued service through each vesting date. In connection with certain estate planning transfers, the reporting person transferred vested shares underlying the option to Michael Schroepfer and Erin Hoffman, Co-Trustees of The HS Trust u/a/d 9/28/11.

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

F9: The option vested as to 1/5th of the total shares on July 15, 2010, after which 1/60th of the total shares vest monthly, subject to continued service through each vesting date. In connection with certain estate planning transfers, the reporting person transferred vested shares underlying the option to Michael Schroepfer and Erin Hoffman, Co-Trustees of The HS Trust u/a/d 9/28/11.

F10: The option was 100% vested on August 13, 2013.

F11: 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.