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Meta Platforms, Inc. — Director's Dealing 2019
Nov 19, 2019
29738_dirs_2019-11-19_fcf41b71-af26-443b-a6fd-b7c09b4b405e.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: 2019-11-15
Reporting Person: Newstead Jennifer (VP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-15 | Class A Common Stock | M | 6717 | — | Acquired | 6717 | Direct |
| 2019-11-15 | Class A Common Stock | F | 3331 | $193.15 | Disposed | 3386 | Direct |
| 2019-11-19 | Class A Common Stock | S | 260 | $197.40 | Disposed | 3126 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 6717 | Disposed | Class A Common Stock (6717) | 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: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.
F3: Each RSU represents a contingent right to receive 1 share of the issuer's Class A common stock upon settlement.
F4: The RSUs vest as to 1/12th of the total shares on November 15, 2019, and then 1/16th of the total shares vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total shares vesting on August 15, 2023, subject to continued service through each vesting date.