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Meta Platforms, Inc. Director's Dealing 2019

Oct 16, 2019

29738_dirs_2019-10-16_bf3e37a0-f412-4e11-b218-6aa1217011a1.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: 2019-10-15

Reporting Person: FISCHER DAVID B. (Chief Revenue Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-10-15 Class A Common Stock C 14988 Acquired 63958 Direct
2019-10-15 Class A Common Stock F 7432 $183.28 Disposed 56526 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-15 Restricted Stock Unit (RSU) (Class B) $ M 14988 Disposed 2021-03-24 Class B Common Stock (14988) Direct
2019-10-15 Class B Common Stock $ M 14988 Acquired Class A Common Stock (14988) Direct
2019-10-15 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: Since the date of the reporting person's last ownership report, he transferred 659 shares of the Issuer's Class A common stock pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.

F3: 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.

F4: 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.

F5: 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.

F6: The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.