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Meta Platforms, Inc. — Director's Dealing 2019
Aug 26, 2019
29738_dirs_2019-08-26_91e2dd16-139e-4469-a5e8-b872813f712c.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: 2019-08-22
Reporting Person: THIEL PETER (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-22 | Class A Common Stock | C | 16840 | — | Acquired | 16840 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 1968 | $180.7115 | Disposed | 14872 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 7343 | $181.4768 | Disposed | 7529 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 4274 | $182.2804 | Disposed | 3255 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 3028 | $183.5573 | Disposed | 227 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 227 | $184.0383 | Disposed | 0 | Indirect |
| 2019-08-22 | Class A Common Stock | C | 5406 | — | Acquired | 5406 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 632 | $180.7115 | Disposed | 4774 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 2357 | $181.4768 | Disposed | 2417 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 1372 | $182.2804 | Disposed | 1045 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 972 | $183.5573 | Disposed | 73 | Indirect |
| 2019-08-22 | Class A Common Stock | S | 73 | $184.0383 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-08-22 | Class B Common Stock | $ | C | 16840 | Disposed | Class A Common Stock (16840) | Indirect | |
| 2019-08-22 | Class B Common Stock | $ | C | 5406 | Disposed | Class A Common Stock (5406) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 9948 | Direct |
| Class A Common Stock | 53602 | 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 $179.98 to $180.935 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 $180.98 to $181.97 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 $181.985 to $182.98 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 $183.005 to $183.94 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 $184.025 to $184.045 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.98 to $180.935 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.
F10: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.98 to $181.97 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.
F11: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.985 to $182.98 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.
F12: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.005 to $183.94 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.
F13: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.025 to $184.045 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.
F14: 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.
F15: 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.
F16: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.