SEC Form 4 · accession 0001127602-16-046856
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Colin Stretch
Officer — VP and General Counsel
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 9:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001326801
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 15, 2016 | S | 1,000 | $109.13 | D | 79,753 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSU) (Class A)F2,F3 | — | Mar 15, 2016 | A | 80,950 | A | — | Mar 14, 2026 | Class A Common Stock | 80,950 | 80,950 | D |
Explanation of responses
- F1The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- F3The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following November 15, 2017, subject to continued service through each vesting date.