AI assistant
Meta Platforms, Inc. — Director's Dealing 2019
Aug 19, 2019
29738_dirs_2019-08-19_7f6bda82-3475-42be-b0db-074d9efe5e1a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Facebook Inc (FB)
CIK: 0001326801
Period of Report: 2019-08-15
Reporting Person: Wehner David M. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-26 | Class A Common Stock | G | 7000 | — | Disposed | 16709 | Direct |
| 2019-07-26 | Class A Common Stock | G | 7000 | — | Acquired | 7000 | Indirect |
| 2019-08-09 | Class A Common Stock | G | 5000 | — | Disposed | 2000 | Indirect |
| 2019-08-15 | Class A Common Stock | M | 10023 | — | Acquired | 26732 | Direct |
| 2019-08-15 | Class A Common Stock | M | 9905 | — | Acquired | 36637 | Direct |
| 2019-08-15 | Class A Common Stock | M | 8432 | — | Acquired | 45069 | Direct |
| 2019-08-15 | Class A Common Stock | M | 9426 | — | Acquired | 54495 | Direct |
| 2019-08-15 | Class A Common Stock | F | 18736 | $179.71 | Disposed | 30513 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 10023 | Disposed | 2024-03-16 | Class A Common Stock (10023) | Direct |
| 2019-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 9905 | Disposed | 2025-03-15 | Class A Common Stock (9905) | Direct |
| 2019-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 8432 | Disposed | 2026-03-14 | Class A Common Stock (8432) | Direct |
| 2019-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 9426 | Disposed | 2027-03-14 | Class A Common Stock (9426) | Direct |
Footnotes
F1: Represents shares of Class A Common Stock that the holder donated as a gift to a charitable entity.
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 Restricted Stock Units ("RSUs") listed in Table II and does not represent a sale by the reporting person.
F3: Since the date of the reporting person's last ownership report, he transferred 5,246 shares of the Issuer's Class A common stock in a transfer exempt from Section 16. Following this transfer, the reporting person does not have voting or investment power over, or a pecuniary interest in, the transferred shares.
F4: Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F5: The RSUs vest as to 1/16th of the total shares on May 15, 2016 and then an additional 1/16th of the total shares vest quarterly thereafer, subject to continued service through each vesting date.
F6: The RSUs vest as to 1/5th of the total shares on February 15, 2016, after which 1/20th of the total shares vest quarterly, subject to continued service through each vesting date.
F7: 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.
F8: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following February 15, 2017, subject to continued service through each vesting date.