SEC Form 4 · accession 0001127602-18-012705
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Zuckerberg
Officer — COB and CEO · Director · 10% Owner
Period of report
Mar 21, 2018
Accepted (ET)
Mar 23, 2018 · 9:36 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 StockF2,F3 | Mar 21, 2018 | S | 1,695 | $169.0305 | D | 10,705 | I | By Chan Zuckerberg Advocacy |
| Class A Common StockF4,F3 | Mar 21, 2018 | S | 1,100 | $169.97 | D | 9,605 | I | By Chan Zuckerberg Advocacy |
| Class A Common StockF5,F3 | Mar 21, 2018 | S | 1,030 | $171.2689 | D | 8,575 | I | By Chan Zuckerberg Advocacy |
| Class A Common StockF6,F3 | Mar 21, 2018 | S | 820 | $172.1744 | D | 7,755 | I | By Chan Zuckerberg Advocacy |
| Class A Common StockF3 | Mar 21, 2018 | S | 55 | $173.08 | D | 7,700 | I | By Chan Zuckerberg Advocacy |
| Class A Common StockF7 | holding | — | — | — | 456,368 | I | By Mark Zuckerberg, Trustee Of The Mark Zuckerberg 2014 GRAT No. 2 Dated 5/8/2014 | |
| Class A Common StockF8 | holding | — | — | — | 546,765 | I | By Mark Zuckerberg, Trustee Of The Mark Zuckerberg 2014 GRAT No. 3 Dated 5/8/2014 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported were effected by Chan Zuckerberg Advocacy pursuant to its Rule 10b5-1 trading plan. These sales are part of the plan Mr. Zuckerberg announced in September 2017 to sell 35 million to 75 million Facebook shares over approximately 18 months from the date of that announcement in order to fund the philanthropic initiatives of Mr. Zuckerberg and his wife, Priscilla Chan, in education, science and advocacy.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.60 to $169.58 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Shares held of record by Chan Zuckerberg Advocacy. The reporting person is deemed to have voting and investment power over the shares held by Chan Zuckerberg Advocacy, but has no pecuniary interest in these shares.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.61 to $170.60 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.77 to $171.70 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.82 to $172.81 per share, inclusive. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7Shares held of record by Mark Zuckerberg, Trustee of The Mark Zuckerberg 2014 GRAT No. 2, dated 5/8/2014.
- F8Shares held of record by Mark Zuckerberg, Trustee of The Mark Zuckerberg 2014 GRAT No. 3, dated 5/8/2014.
Remarks
Two (2) of two (2) Forms 4 being filed to report transactions occurring on March 21, 2018. The holdings for the Chan Zuckerberg Foundation, CZI Holdings, LLC, and The Mark Zuckerberg Trust dated July 7, 2006 are reported on Form 1 of 2.