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Meta Platforms, Inc. Director's Dealing 2017

Apr 13, 2017

29738_dirs_2017-04-13_462c7822-c27c-4d14-9525-8de7142a4597.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: 2017-04-11

Reporting Person: Schroepfer Michael Todd (Chief Technology Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-04-11 Class A Common Stock C 66256 $1.854 Acquired 676380 Direct
2017-04-11 Class A Common Stock S 25263 $139.5935 Disposed 651117 Direct
2017-04-11 Class A Common Stock S 11782 $140.1191 Disposed 639335 Direct
2017-04-11 Class A Common Stock S 900 $140.9556 Disposed 638435 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-04-11 Stock Option (Right to Buy Class B Common Stock) $1.854 M 66256 Disposed 2019-01-11 Class B Common Stock (66256) Direct
2017-04-11 Class B Common Stock $ M 66256 Acquired Class A Common Stock (66256) Direct
2017-04-11 Class B Common Stock $ C 66256 Disposed Class A Common Stock (66256) Direct

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 $138.90 to $139.89 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 $139.90 to $140.84 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 $140.90 to $140.98 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.