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Meta Platforms, Inc. — Director's Dealing 2020
Feb 19, 2020
29738_dirs_2020-02-19_97dbbb3d-eba7-4d6c-8a89-24b16dd40f22.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: 2020-02-15
Reporting Person: Wehner David M. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-15 | Class A Common Stock | M | 10023 | — | Acquired | 32328 | Direct |
| 2020-02-15 | Class A Common Stock | M | 9905 | — | Acquired | 42233 | Direct |
| 2020-02-15 | Class A Common Stock | M | 8432 | — | Acquired | 50665 | Direct |
| 2020-02-15 | Class A Common Stock | M | 9426 | — | Acquired | 60091 | Direct |
| 2020-02-15 | Class A Common Stock | M | 6847 | — | Acquired | 66938 | Direct |
| 2020-02-15 | Class A Common Stock | M | 7434 | — | Acquired | 74372 | Direct |
| 2020-02-15 | Class A Common Stock | F | 25127 | $214.18 | Disposed | 49245 | Direct |
| 2020-02-15 | Class A Common Stock | X | 299 | — | Acquired | 3666 | Indirect |
| 2020-02-15 | Class A Common Stock | X | 526 | — | Acquired | 4192 | Indirect |
| 2020-02-15 | Class A Common Stock | X | 651 | — | Acquired | 4843 | Indirect |
| 2020-02-15 | Class A Common Stock | X | 2463 | — | Acquired | 7306 | Indirect |
| 2020-02-15 | Class A Common Stock | S | 1389 | $214.18 | Disposed | 5917 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 10023 | Disposed | 2024-03-16 | Class A Common Stock (10023) | Direct |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 9905 | Disposed | 2025-03-15 | Class A Common Stock (9905) | Direct |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 8432 | Disposed | 2026-03-14 | Class A Common Stock (8432) | Direct |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 9426 | Disposed | 2027-03-14 | Class A Common Stock (9426) | Direct |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 6847 | Disposed | 2028-03-19 | Class A Common Stock (6847) | Direct |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 7434 | Disposed | 2029-03-19 | Class A Common Stock (7434) | Direct |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | X | 299 | Disposed | 2026-03-14 | Class A Common Stock (299) | Indirect |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | X | 526 | Disposed | 2027-03-14 | Class A Common Stock (526) | Indirect |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | X | 651 | Disposed | 2028-03-19 | Class A Common Stock (651) | Indirect |
| 2020-02-15 | Restricted Stock Units (RSU) (Class A) | $ | X | 2463 | Disposed | 2029-03-19 | Class A Common Stock (2463) | 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.
F2: The Reporting Person disclaims Section 16 beneficial ownership over the securities reported except to the extent of his pecuniary interest therein, if any.
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 an open market sale.
F4: Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F5: The RSUs vest as to 1/16th of the total shares on May 15, 2016 and then an additional 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F6: The RSUs vest as to 1/5th of the total shares on February 15, 2016, after which 1/20th of the total shares vest quarterly, subject to continued service through each vesting date.
F7: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following November 15, 2016, subject to continued service through each vesting date.
F8: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following February 15, 2017, subject to continued service through each vesting date.
F9: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following November 15, 2019, subject to continued service through each vesting date.
F10: The RSUs shall vest quarterly as to 1/16th of the total RSUs, commencing the first quarter following November 15, 2019, subject to continued service through each vesting date.
F11: The RSUs vest as to 1/4th of the total shares on the first anniversary of the grant date (March 15, 2016) and then an additional 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
F12: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following the grant date (March 15, 2017), subject to continued service through each vesting date.
F13: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following the grant date (March 20, 2018), subject to continued service through each vesting date.
F14: The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following the grant date (March 20, 2019), subject to continued service through each vesting date.