SEC Form 4 · accession 0001127602-17-029968

Meta Platforms, Inc. · META

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

Reporting owner

Michael Todd Schroepfer

Officer — Chief Technology Officer

Period of report

Oct 15, 2017

Accepted (ET)

Oct 17, 2017 · 6:20 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 Stock^F1	Oct 15, 2017	C	59,953	$0.00	A	531,343	D
Class A Common Stock^F2	Oct 15, 2017	F	31,284	$173.74	D	500,059	D
Class A Common Stock^F3	holding	—	—		—	30,121	I	By The Erin Hoffmann 2017 Annuity Trust U/A/D 6/29/2017
Class A Common Stock^F4	holding	—	—		—	279,126	I	By The HS Trust U/A/D 9/28/2011
Class A Common Stock^F5	holding	—	—		—	30,121	I	By The Michael Schroepfer 2017 Annuity Trust U/A/D 6/29/2017

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	—	Oct 15, 2017	M	59,953	D	—	Mar 24, 2021	Class B Common Stock	59,953	0	D
Class B Common Stock^F8	—	Oct 15, 2017	M	59,953	A	—	—	Class A Common Stock	59,953	59,953	D
Class B Common Stock^F8,F9	—	Oct 15, 2017	C	59,953	D	—	—	Class A Common Stock	59,953	0	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.
F3Shares held of record by Erin Hoffmann, Trustee of The Erin Hoffmann 2017 Annuity Trust U/A/D 6/29/2017, a grantor retained annuity trust for the benefit of the reporting person's spouse.
F4Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The HS Trust U/A/D 9/28/2011.
F5Shares held of record by Michael Schroepfer, Trustee of The Michael Schroepfer 2017 Annuity Trust U/A/D 6/29/2017, a grantor retained annuity trust for the benefit of the reporting person.
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 January 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.