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Meta Platforms, Inc. — Director's Dealing 2020
Nov 17, 2020
29738_dirs_2020-11-17_6ae16761-f1dd-4404-812b-08ec5358d132.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: 2020-11-15
Reporting Person: Cox Christopher K (Chief Product Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-15 | Class A Common Stock | M | 23089 | — | Acquired | 23089 | Direct |
| 2020-11-15 | Class A Common Stock | F | 10959 | $276.95 | Disposed | 12130 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 23089 | Disposed | 2030-07-19 | Class A Common Stock (23089) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 91271 | Indirect |
| Class A Common Stock | 78048 | Indirect |
| Class A Common Stock | 74107 | Indirect |
| Class A Common Stock | 34622 | 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 Restricted Stock Units ("RSUs") and does not represent a sale.
F2: Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2018 Annuity Trust II u/a/d 12/19/18.
F3: Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2019 Annuity Trust U/A dtd 11/25/19.
F4: Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2019 Annuity Trust II U/A dtd 11/25/19.
F5: Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2020 Annuity Trust U/A dtd 1/31/20.
F6: Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F7: The RSUs vest as to 1/12th of the total shares on November 15, 2020, and then 1/16th of the total shares vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total shares vesting on August 15, 2024, subject to continued service through each vesting date.