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Meta Platforms, Inc. — Director's Dealing 2017
Feb 17, 2017
29738_dirs_2017-02-17_16941d82-78ae-4f31-9408-ee949b16ba5d.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: 2017-02-15
Reporting Person: Koum Jan (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-15 | Class A Common Stock | M | 1242674 | — | Acquired | 14443179 | Indirect |
| 2017-02-15 | Class A Common Stock | F | 647390 | $133.85 | Disposed | 13795789 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 1242674 | Disposed | 2024-11-16 | Class A Common Stock (1242674) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 3500000 | Indirect |
| Class A Common Stock | 2242343 | Indirect |
| Class A Common Stock | 2370448 | Indirect |
| Class A Common Stock | 2236923 | Indirect |
| Class A Common Stock | 2060265 | Indirect |
| Class A Common Stock | 1314746 | Indirect |
| Class A Common Stock | 3500000 | Indirect |
Footnotes
F1: Shares held of record by Jan Koum, Trustee of The Butterfly Trust U/A/D 1/20/2004.
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 Jan Koum and BNY Mellon Trust of Delaware, Co-Trustees of The Jan Koum Trust VIII U/A/D 1/29/2016.
F4: Shares held of record by Jan Koum and BNY Mellon Trust of Delaware, Co-Trustees of The Jan Koum Trust IV U/A/D 2/4/2015.
F5: Shares held of record by Jan Koum and BNY Mellon Trust of Delaware, Co-Trustees of The Jan Koum Trust V U/A/D 4/29/2015.
F6: Shares held of record by Jan Koum and BNY Mellon Trust of Delaware, Co-Trustees of The Jan Koum Trust VI U/A/D 8/5/2015.
F7: Shares held of record by Jan Koum and BNY Mellon Trust of Delaware, Co-Trustees of The Jan Koum Trust VII U/A/D 10/20/2015.
F8: Shares held of record by Jan Koum, Trustee of The Jan Koum Family Trust U/A/D 4/29/2014. The reporting person exercises voting and dispositive powers over these shares, but has no pecuniary interest in these shares.
F9: Shares held of record by Jan Koum and BNY Mellon Trust of Delaware, Co-Trustees of The Jan Koum Trust IX U/A/D 4/13/2016.
F10: Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F11: The RSUs vest as to (a) 13/60th of the total shares on November 15, 2015, (b) 1/20th of the total shares each quarter thereafter through November 15, 2017, (c) 2/20th of the total shares on each of February 15, 2018, May 15, 2018 and August 15, 2018 and (d) the final 5/60th of the total shares on November 15, 2018; provided, however, that in the event of the reporting person's termination of employment with the issuer under certain circumstances, all of the reporting person's then unvested RSUs shall vest as of the date of such termination of employment.