SEC Form 4 · accession 0001127602-17-007056
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B. Fischer
Officer — VP Marketing & Bus. Part.
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 6:14 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 | 18,788 | $0.00 | A | 170,686 | D | |
| Class A Common StockF2 | Feb 15, 2017 | F | 9,804 | $133.85 | D | 160,882 | D | |
| Class A Common Stock | Feb 15, 2017 | M | 15,034 | $0.00 | A | 175,916 | D | |
| Class A Common StockF2 | Feb 15, 2017 | F | 7,845 | $133.85 | D | 168,071 | D | |
| Class A Common Stock | Feb 15, 2017 | M | 6,515 | $0.00 | A | 174,586 | D | |
| Class A Common StockF2 | Feb 15, 2017 | F | 3,400 | $133.85 | D | 171,186 | 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 Unit (RSU) (Class B)F3,F4,F5 | — | Feb 15, 2017 | M | 18,788 | D | — | May 2, 2022 | Class B Common Stock | 18,788 | 131,523 | D |
| Class B Common StockF5 | — | Feb 15, 2017 | M | 18,788 | A | — | — | Class A Common Stock | 18,788 | 18,788 | D |
| Class B Common StockF5,F6 | — | Feb 15, 2017 | C | 18,788 | D | — | — | Class A Common Stock | 18,788 | 0 | D |
| Restricted Stock Units (RSU) (Class A)F7,F8 | — | Feb 15, 2017 | M | 15,034 | D | — | May 5, 2023 | Class A Common Stock | 15,034 | 105,241 | D |
| Restricted Stock Units (RSU) (Class A)F7,F9 | — | Feb 15, 2017 | M | 6,515 | D | — | Mar 16, 2024 | Class A Common Stock | 6,515 | 71,665 | 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.
- 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.
- F3Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
- F4The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2015, subject to continued service through each vesting date.
- F5The 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.
- F6The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.
- F7Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- F8The RSUs vest as to 1/16th of the total shares quarterly, beginning on November 15, 2014, subject to continued service through each vesting date.
- F9The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2016, subject to continued service through each vesting date.