SEC Form 4 · accession 0001127602-18-018007
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Thiel
Director
Period of report
May 15, 2018
Accepted (ET)
May 17, 2018 · 8:53 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 | May 15, 2018 | M | 1,997 | $0.00 | A | 8,308 | D | |
| Class A Common StockF1 | holding | — | — | — | 53,602 | I | By Rivendell One LLC | |
| Class A Common StockF2,F3 | holding | — | — | — | 63 | I | By The Founders Fund II Entrepreneurs Fund, LP | |
| Class A Common StockF2,F4 | holding | — | — | — | 103 | I | By The Founders Fund II Principals Fund, LP | |
| Class A Common StockF2,F5 | holding | — | — | — | 2,090 | I | By The Founders Fund II, LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSU) (Class A)F6,F7 | — | May 15, 2018 | M | 1,997 | D | — | Jun 14, 2027 | Class A Common Stock | 1,997 | 0 | D |
Explanation of responses
- F1The reporting person is the beneficial owner of Rivendell One LLC ("Rivendell"), and has sole voting and investment power over the securities held by Rivendell.
- F2Represents shares received from a former portfolio company in a transaction exempt under Section 16a-9.
- F3The reporting person is one of the Managing Members of The Founders Fund II Management, LLC ("FF II Management"), which is the General Partner of The Founders Fund II Entrepreneurs Fund, LP ("FFEF"), and may be deemed to share voting and investment power of the securities held by FFEF. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F4The reporting person is one of the Managing Members of FF II Management, which is the General Partner of The Founders Fund II Principals Fund, LP ("FFPF"), and may be deemed to share voting and investment power of the securities held by FFPF. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F5The reporting person is one of the Managing Members of FF II Management, which is the General Partner of The Founders Fund II, LP ("FF II"), and may be deemed to share voting and investment power over the securities held by FF II. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- F6Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- F7The RSUs vested as to 100% of the total shares on May 15, 2018.