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Meta Platforms, Inc. Director's Dealing 2017

Jan 18, 2017

29738_dirs_2017-01-18_12a071cf-f149-4453-8d7c-3310c76642a6.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: 2017-01-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-01-15 Class A Common Stock C 74940 Acquired 2945900 Direct
2017-01-15 Class A Common Stock F 39104 $128.34 Disposed 2906796 Direct
2017-01-18 Class A Common Stock C 52404 Acquired 2959200 Direct
2017-01-18 Class A Common Stock S 47527 $127.516 Disposed 2911673 Direct
2017-01-18 Class A Common Stock S 4877 $128.0291 Disposed 2906796 Direct
2017-01-18 Class A Common Stock S 47302 $127.4857 Disposed 2859494 Direct
2017-01-18 Class A Common Stock S 9294 $127.9636 Disposed 2850200 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-01-15 Restricted Stock Unit (RSU) (Class B) $ M 74940 Disposed 2021-03-24 Class B Common Stock (74940) Direct
2017-01-15 Class B Common Stock $ M 74940 Acquired Class A Common Stock (74940) Direct
2017-01-15 Class B Common Stock $ C 74940 Disposed Class A Common Stock (74940) Direct
2017-01-18 Stock Option (Right to Buy Class B Common Stock) $10.388 M 52404 Disposed 2020-07-22 Class B Common Stock (52404) Direct
2017-01-18 Class B Common Stock $ M 52404 Acquired Class A Common Stock (52404) Direct
2017-01-18 Class B Common Stock $ C 52404 Disposed Class A Common Stock (52404) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 23824 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 (the "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: 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 option listed in Table II.

F4: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.89 to $127.885 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 request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.89 to $128.41 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 request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.86 to $127.885 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 request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.86 to $128.41 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 request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F9: Shares held of record by Sheryl K. Sandberg, Trustee of the Sandberg-Goldberg Family Trust Dated September 3, 2004.

F10: Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.

F11: The RSUs vest as to 1/16th of the total shares quarterly, beginning on January 15, 2014, subject to continued service through each vesting date.

F12: 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.

F13: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.

F14: 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.