SEC Form 4 · accession 0001127602-16-058287
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Thiel
Director
Period of report
Jul 15, 2016
Accepted (ET)
Jul 19, 2016 · 6:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001326801
Table I — non-derivative securities
No Table I lines on this filing.
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)F1,F2 | — | Jul 15, 2016 | A | 2,533 | A | — | Jul 14, 2026 | Class A Common Stock | 2,533 | 2,533 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- F2The RSUs vest as to 100% of the total shares on May 15, 2017; provided, however, in the event that (i) the Issuer's 2017 Annual Meeting of Stockholders is held prior to May 15, 2017 and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2017 Annual Meeting of Stockholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total shares shall vest on the date of the 2017 Annual Meeting of Stockholders.