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Meta Platforms, Inc. — Director's Dealing 2017
Feb 17, 2017
29738_dirs_2017-02-17_7d8746d1-7f51-489a-8818-c74a83939a0f.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: Athwal Jas (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-15 | Class A Common Stock | M | 4452 | — | Acquired | 119905 | Direct |
| 2017-02-15 | Class A Common Stock | F | 1705 | $133.85 | Disposed | 118200 | Direct |
| 2017-02-15 | Class A Common Stock | M | 2505 | — | Acquired | 120705 | Direct |
| 2017-02-15 | Class A Common Stock | F | 942 | $133.85 | Disposed | 119763 | Direct |
| 2017-02-15 | Class A Common Stock | M | 2477 | — | Acquired | 122240 | Direct |
| 2017-02-15 | Class A Common Stock | F | 1218 | $133.85 | Disposed | 121022 | Direct |
| 2017-02-15 | Class A Common Stock | M | 1756 | — | Acquired | 122778 | Direct |
| 2017-02-15 | Class A Common Stock | F | 917 | $133.85 | Disposed | 121861 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 4452 | Disposed | 2023-05-05 | Class A Common Stock (4452) | Direct |
| 2017-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 2505 | Disposed | 2024-03-16 | Class A Common Stock (2505) | Direct |
| 2017-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 2477 | Disposed | 2025-03-15 | Class A Common Stock (2477) | Direct |
| 2017-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 1756 | Disposed | 2026-03-14 | Class A Common Stock (1756) | Direct |
Footnotes
F1: 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 Restricted Stock Units ("RSUs") listed in Table II and does not represent a sale by the reporting person.
F2: Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F3: The RSUs vested as to 1/4th of the total shares on February 15, 2014, and then 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F4: The RSUs vest as to 1/16th of the total shares quarterly, beginning February 15, 2015, subject to continued service through each vesting date.
F5: The RSUs vest as to 1/4th of the total shares on February 15, 2016, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.
F6: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following November 15, 2016, subject to continued service through each vesting date.