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Meta Platforms, Inc. — Director's Dealing 2017
Aug 1, 2017
29738_dirs_2017-08-01_19aaf32b-332b-44c1-a711-4aa575f64e81.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: 2017-07-28
Reporting Person: THIEL PETER (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-28 | Class A Common Stock | C | 45659 | — | Acquired | 45659 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 1816 | $169.486 | Disposed | 43843 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 1135 | $170.4923 | Disposed | 42708 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 14817 | $171.9049 | Disposed | 27891 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 27284 | $172.6701 | Disposed | 607 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 607 | $173.2676 | Disposed | 0 | Indirect |
| 2017-07-28 | Class A Common Stock | C | 14657 | — | Acquired | 14657 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 584 | $169.4861 | Disposed | 14073 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 365 | $170.4924 | Disposed | 13708 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 4747 | $171.904 | Disposed | 8961 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 8765 | $172.6703 | Disposed | 196 | Indirect |
| 2017-07-28 | Class A Common Stock | S | 196 | $173.2672 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-28 | Class B Common Stock | $ | C | 45659 | Disposed | Class A Common Stock (45659) | Indirect | |
| 2017-07-28 | Class B Common Stock | $ | C | 14657 | Disposed | Class A Common Stock (14657) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 6311 | Direct |
| Class A Common Stock | 214407 | Indirect |
Footnotes
F1: The reporting person is one of the Managers of The Founders Fund IV Management, LLC ("FF IV Management"), which is the General Partner of The Founders Fund IV, LP ("FF IV"), although he disclaims voting and investment power over the securities held by FF IV. The reporting person otherwise disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
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 $169.07 to $169.89 per share, inclusive. The holder 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 $170.21 to $171.00 per share, inclusive. The holder 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 $171.22 to $172.19 per share, inclusive. The holder 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.23 to $173.21 per share, inclusive. The holder 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.
F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.23 to $173.40 per share, inclusive. The holder 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.
F8: The reporting person is one of the Managers of FF IV Management, which is the General Partner of The Founders Fund IV Principals Fund, LP ("FFIVPF"), although he disclaims voting and investment power over the securities held by FFIVPF. The reporting person otherwise disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F9: The reporting person is the beneficial owner of Rivendell One LLC ("Rivendell"), and has sole voting and investment power over the securities held by Rivendell.
F10: 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.
F11: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.
F12: Includes shares to be received by the holder in connection with the acquisition of Oculus by the issuer pursuant to the agreement and plan of merger (the "Merger Agreement"), which are currently being held in escrow and are subject to forfeiture during the escrow period stated to satisfy claims arising as a result of, among other things, Oculus' breach of any of its representations and warranties or covenants and agreements set forth in the Merger Agreement.