AI assistant
Meta Platforms, Inc. — Director's Dealing 2019
Jul 17, 2019
29738_dirs_2019-07-17_7e65253e-599b-4e82-9dbd-d050645c5d29.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: 2019-07-15
Reporting Person: FISCHER DAVID B. (Chief Revenue Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-15 | Class A Common Stock | C | 14988 | — | Acquired | 63958 | Direct |
| 2019-07-15 | Class A Common Stock | F | 7432 | $204.87 | Disposed | 56526 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-07-15 | Restricted Stock Unit (RSU) (Class B) | $ | M | 14988 | Disposed | 2021-03-24 | Class B Common Stock (14988) | Direct |
| 2019-07-15 | Class B Common Stock | $ | M | 14988 | Acquired | Class A Common Stock (14988) | Direct | |
| 2019-07-15 | Class B Common Stock | $ | C | 14988 | Disposed | Class A Common Stock (14988) | Direct |
Footnotes
F1: Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock in connection with the settlement of the Restricted Stock Units ("RSUs") listed in Table II.
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 RSUs and does not represent a sale by the reporting person.
F3: 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.
F4: The RSUs vest as to 1/16th of the total shares quarterly, beginning on January 15, 2016, subject to continued service through each vesting date.
F5: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.