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Meta Platforms, Inc. — Director's Dealing 2019
Nov 19, 2019
29738_dirs_2019-11-19_10698af3-958b-43b2-9a92-e8d301795602.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: Taylor Susan J.S. (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-15 | Class A Common Stock | M | 1569 | — | Acquired | 2606 | Direct |
| 2019-11-15 | Class A Common Stock | M | 680 | — | Acquired | 3286 | Direct |
| 2019-11-15 | Class A Common Stock | M | 929 | — | Acquired | 4215 | Direct |
| 2019-11-15 | Class A Common Stock | F | 1577 | $193.15 | Disposed | 2638 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 1569 | Disposed | 2027-06-14 | Class A Common Stock (1569) | Direct |
| 2019-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 680 | Disposed | 2028-03-19 | Class A Common Stock (680) | Direct |
| 2019-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 929 | Disposed | 2029-03-19 | Class A Common Stock (929) | 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") and does not represent a sale by the reporting person.
F2: Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F3: The RSUs vest as to 12/48th of the total shares on May 15, 2018 and then an additional 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F4: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following February 15, 2018, subject to continued service through each vesting date.
F5: The RSUs vest quarterly as to 1/16th of the total RSUs, commencing the first quarter following February 15, 2019, subject to continued service through each vesting date.