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Meta Platforms, Inc. — Director's Dealing 2019
Aug 19, 2019
29738_dirs_2019-08-19_468cf2f9-7703-4435-8f7a-7f94592c6e6d.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: 2019-08-15
Reporting Person: Schroepfer Michael Todd (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-15 | Class A Common Stock | M | 26847 | — | Acquired | 384089 | Direct |
| 2019-08-15 | Class A Common Stock | M | 10023 | — | Acquired | 394112 | Direct |
| 2019-08-15 | Class A Common Stock | M | 8254 | — | Acquired | 402366 | Direct |
| 2019-08-15 | Class A Common Stock | M | 9426 | — | Acquired | 411792 | Direct |
| 2019-08-15 | Class A Common Stock | F | 27048 | $179.71 | Disposed | 384744 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 26847 | Disposed | 2023-05-05 | Class A Common Stock (26847) | Direct |
| 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 | 8254 | Disposed | 2025-03-15 | Class A Common Stock (8254) | Direct |
| 2019-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 9426 | Disposed | 2027-03-14 | Class A Common Stock (9426) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 14682 | Indirect |
| Class A Common Stock | 473930 | Indirect |
| Class A Common Stock | 14682 | Indirect |
| Class A Common Stock | 36500 | Indirect |
| Class A Common Stock | 36500 | Indirect |
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 RSUs and does not represent a sale by the reporting person.
F2: Shares held of record by Erin Hoffmann, Trustee of The Erin Hoffmann 2017 Annuity Trust U/A/D 6/29/2017, a grantor retained annuity trust for the benefit of the reporting person's spouse.
F3: Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The HS Trust U/A/D 9/28/2011.
F4: Shares held of record by Michael Schroepfer, Trustee of The Michael Schroepfer 2017 Annuity Trust U/A/D 6/29/2017, a grantor retained annuity trust for the benefit of the reporting person.
F5: Shares held of record by Erin Hoffmann, Trustee of The Erin Hoffmann 2018 Annuity Trust U/A/D 11/15/2018, a grantor retained annuity trust for the benefit of the reporting person's spouse.
F6: Shares held of record by Michael Schroepfer, Trustee of The Michael Schroepfer 2018 Annuity Trust U/A/D 11/15/2018, a grantor retained annuity trust for the benefit of the reporting person.
F7: Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F8: The RSUs vest as to 1/16th of the total shares quarterly, beginning on November 15, 2017, subject to continued service through each vesting date.
F9: The RSUs vest as to 1/16th of the total shares quarterly, beginning on May 15, 2016, subject to continued service through each vesting date.
F10: The RSUs vest as to 1/16th of the total shares quarterly, beginning on May 15, 2017, subject to continued service through each vesting date.
F11: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following November 15, 2018, subject to continued service through each vesting date.