SEC Form 4 · accession 0001127602-16-052626
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Desmond-Hellmann
Director
Period of report
May 15, 2016
Accepted (ET)
May 17, 2016 · 8:44 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 StockF1 | May 15, 2016 | M | 1,250 | $0.00 | A | 21,277 | I | By Hellmann Family Trust |
| Class A Common StockF1 | May 15, 2016 | M | 3,778 | $0.00 | A | 25,055 | I | By Hellmann Family Trust |
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 | — | May 15, 2016 | M | 1,250 | D | — | Apr 12, 2023 | Class A Common Stock | 1,250 | 4,167 | D |
| Restricted Stock Units (RSU) (Class A)F2,F4 | — | May 15, 2016 | M | 3,778 | D | — | Jun 14, 2025 | Class A Common Stock | 3,778 | 0 | D |
Explanation of responses
- F1The shares are held of record by Nicholas S. Hellmann and Susan D. Desmond-Hellmann as the co-trustees of Hellmann Family Trust.
- F2Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- F3The RSU vests as to 1/4 of the total shares underlying the RSU on May 15, 2014 and 1/16 of the total shares underlying the RSU vest on each subsequent quarterly vesting date, subject to the continued service to the issuer through each quarterly vesting date.
- F4The RSUs vested as to 100% of the total shares on May 15, 2016.