SEC Form 4 · accession 0001127602-17-007051
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
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 6:10 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 StockF1 | Feb 15, 2017 | C | 86,584 | $0.00 | A | 240,522 | D | |
| Class A Common StockF2 | Feb 15, 2017 | F | 45,180 | $133.85 | D | 195,342 | D | |
| Class A Common StockF1 | Feb 15, 2017 | C | 11,370 | $0.00 | A | 206,712 | D | |
| Class A Common StockF2 | Feb 15, 2017 | F | 5,933 | $133.85 | D | 200,779 | D | |
| Class A Common StockF1 | Feb 15, 2017 | C | 34,122 | $0.00 | A | 234,901 | D | |
| Class A Common StockF2 | Feb 15, 2017 | F | 17,805 | $133.85 | D | 217,096 | D | |
| Class A Common Stock | Feb 15, 2017 | M | 10,023 | $0.00 | A | 227,119 | D | |
| Class A Common StockF2 | Feb 15, 2017 | F | 5,231 | $133.85 | D | 221,888 | D | |
| Class A Common StockF3 | holding | — | — | — | 76,945 | I | By Christopher K. Cox Revocable Trust | |
| Class A Common StockF4 | 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)F5,F6,F7 | — | Feb 15, 2017 | M | 86,584 | D | — | Aug 25, 2020 | Class B Common Stock | 86,584 | 86,584 | D |
| Class B Common StockF7 | — | Feb 15, 2017 | M | 86,584 | A | — | — | Class A Common Stock | 86,584 | 86,584 | D |
| Class B Common StockF7,F8 | — | Feb 15, 2017 | C | 86,584 | D | — | — | Class A Common Stock | 86,584 | 0 | D |
| Restricted Stock Unit (RSU) (Class B)F5,F9,F7 | — | Feb 15, 2017 | M | 11,370 | D | — | Aug 25, 2019 | Class B Common Stock | 11,370 | 68,220 | D |
| Class B Common StockF7 | — | Feb 15, 2017 | M | 11,370 | A | — | — | Class A Common Stock | 11,370 | 11,370 | D |
| Class B Common StockF7,F8 | — | Feb 15, 2017 | C | 11,370 | D | — | — | Class A Common Stock | 11,370 | 0 | D |
| Restricted Stock Unit (RSU) (Class B)F5,F10,F7 | — | Feb 15, 2017 | M | 34,122 | D | — | May 2, 2022 | Class B Common Stock | 34,122 | 511,835 | D |
| Class B Common StockF7 | — | Feb 15, 2017 | M | 34,122 | A | — | — | Class A Common Stock | 34,122 | 34,122 | D |
| Class B Common StockF7,F8 | — | Feb 15, 2017 | C | 34,122 | D | — | — | Class A Common Stock | 34,122 | 0 | D |
| Restricted Stock Units (RSU) (Class A)F11,F12 | — | Feb 15, 2017 | M | 10,023 | D | — | Mar 16, 2024 | Class A Common Stock | 10,023 | 120,270 | D |
Explanation of responses
- F1Represents 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.
- F10The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2017, subject to continued service through each vesting date.
- F11Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- F12The RSUs vest as to 1/16th of the total shares quarterly, beginning on May 15, 2016, subject to continued service through each vesting date.
- F2Represents 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.
- F3Shares held of record by Christopher Cox, Trustee of the Christopher K. Cox Revocable Trust.
- F4Shares 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.
- F5Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
- F6The RSUs vest as to 1/16th of the total number of shares quarterly, beginning on August 15, 2013, subject to continued service through each vesting date.
- F7The 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.
- F8The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.
- F9The 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.