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Meta Platforms, Inc. — Director's Dealing 2020
Jun 17, 2020
29738_dirs_2020-06-17_cb2b9cd0-11c9-40b1-8484-1acf2f73db34.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: 2020-06-15
Reporting Person: KIMMITT ROBERT M (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-15 | Restricted Stock Units (RSU) (Class A) | $ | A | 1732 | Acquired | Class A Common Stock (1732) | Direct | |
| 2020-06-15 | Restricted Stock Units (RSU) (Class A) | $ | A | 4820 | Acquired | Class A Common Stock (4820) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F2: The RSUs vest as to 100% of the total shares on May 15, 2021; provided, however, in the event that (i) the Issuer's 2021 Annual Meeting of Stockholders is held prior to May 15, 2021; and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2021 Annual Meeting of Stockholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total shares shall vest on the date of the 2021 Annual Meeting of Stockholders.
F3: The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on August 15, 2020, subject to continued service through each vesting date.