SEC Form 4 · accession 0001127602-17-001930

Meta Platforms, Inc. · META

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Christopher K Cox

Officer — Chief Product Officer

Period of report

Dec 22, 2016

Accepted (ET)

Jan 18, 2017 · 6:55 pm EST

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	Dec 22, 2016	G	210,000	$0.00	D	182,338	D
Class A Common Stock^F2	Jan 15, 2017	C	59,952	$0.00	A	210,690	D
Class A Common Stock^F3	Jan 15, 2017	F	31,283	$128.34	D	179,407	D
Class A Common Stock^F2	Jan 15, 2017	C	11,370	$0.00	A	190,777	D
Class A Common Stock^F3	Jan 15, 2017	F	4,839	$128.34	D	185,938	D
Class A Common Stock^F4	holding	—	—		—	76,945	I	By Christopher K. Cox Revocable Trust
Class A Common Stock^F5	holding	—	—		—	28,816	I	By Remainder Interest Trust Created Under The Christopher K. Cox 2009 Annuity Trust Dated 5/29/2009

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit (RSU) (Class B)^F6,F7,F8	—	Jan 15, 2017	M	59,952	D	—	Mar 24, 2021	Class B Common Stock	59,952	299,761	D
Class B Common Stock^F8	—	Jan 15, 2017	M	59,952	A	—	—	Class A Common Stock	59,952	59,952	D
Class B Common Stock^F8,F9	—	Jan 15, 2017	C	59,952	D	—	—	Class A Common Stock	59,952	0	D
Restricted Stock Unit (RSU) (Class B)^F6,F10,F8	—	Jan 15, 2017	M	11,370	D	—	Aug 25, 2019	Class B Common Stock	11,370	79,590	D
Class B Common Stock^F8	—	Jan 15, 2017	M	11,370	A	—	—	Class A Common Stock	11,370	11,370	D
Class B Common Stock^F8,F9	—	Jan 15, 2017	C	11,370	D	—	—	Class A Common Stock	11,370	0	D

Explanation of responses

F1Represents shares of Class A Common Stock that were donated as a gift. The reporting person does not exercise voting or investment control, directly or indirectly, over the donated shares following this transfer.
F10The RSUs vest as to 1/48 of the total number of shares monthly, beginning on September 1, 2013, subject to continued service through each vesting date.
F2Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock in connection with the settlement of the Restricted Stock Units ("RSUs") listed in Table II.
F3Represents 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 by the reporting person.
F4Shares held of record by Christopher Cox, Trustee of the Christopher K. Cox Revocable Trust.
F5Shares held of record by Remainder Interest Trust Created under the Christopher K. Cox 2009 Annuity Trust dated 5/29/2009, Visra Vichit-Vadakan, Trustee, the beneficiaries of which include the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F6Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
F7The RSUs vest as to 1/16th of the total shares quarterly, beginning on July 15, 2014, subject to continued service through each vesting date.
F8The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares, and has no expiration date.
F9The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.