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Meta Platforms, Inc. — Director's Dealing 2021
Feb 17, 2021
29738_dirs_2021-02-17_3f3b54ee-bc00-4701-b860-8ae448080b21.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: 2021-02-15
Reporting Person: Cox Christopher K (Chief Product Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-02 | Class A Common Stock | G | 58035 | — | Disposed | 33236 | Indirect |
| 2021-02-02 | Class A Common Stock | G | 58035 | — | Acquired | 58035 | Indirect |
| 2021-02-02 | Class A Common Stock | G | 33236 | — | Disposed | 0 | Indirect |
| 2021-02-02 | Class A Common Stock | G | 33236 | — | Acquired | 33236 | Indirect |
| 2021-02-02 | Class A Common Stock | G | 26127 | — | Disposed | 51921 | Indirect |
| 2021-02-02 | Class A Common Stock | G | 26127 | — | Acquired | 59363 | Indirect |
| 2021-02-02 | Class A Common Stock | G | 24808 | — | Disposed | 49299 | Indirect |
| 2021-02-02 | Class A Common Stock | G | 24808 | — | Acquired | 84171 | Indirect |
| 2021-02-15 | Class A Common Stock | M | 17317 | — | Acquired | 29447 | Direct |
| 2021-02-15 | Class A Common Stock | F | 8033 | $270.50 | Disposed | 21414 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 17317 | Disposed | 2030-07-19 | Class A Common Stock (17317) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 34622 | Indirect |
Footnotes
F1: This transaction represents a transfer of shares that were beneficially owned by the reporting person for the purposes of estate planning and not a sale of securities.
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 and Visra Vichit-Vadakan, Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust.
F4: Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust.
F5: Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2019 Annuity Trust U/A dtd 11/25/19.
F6: Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2019 Annuity Trust II U/A dtd 11/25/19.
F7: 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.
F8: Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2020 Annuity Trust U/A dtd 1/31/20.
F9: Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F10: 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.