SEC Form 4 · accession 0001127602-18-018009
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan J.S. Taylor
Officer — Chief Accounting Officer
Period of report
May 15, 2018
Accepted (ET)
May 17, 2018 · 9:09 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 | 6,276 | $0.00 | A | 6,276 | D | |
| Class A Common StockF1 | May 15, 2018 | F | 2,394 | $186.64 | D | 3,882 | D | |
| Class A Common Stock | May 15, 2018 | M | 680 | $0.00 | A | 4,562 | D | |
| Class A Common StockF1 | May 15, 2018 | F | 338 | $186.64 | D | 4,224 | 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 Units (RSU) (Class A)F2,F3 | — | May 15, 2018 | M | 6,276 | D | — | Jun 14, 2027 | Class A Common Stock | 6,276 | 18,830 | D |
| Restricted Stock Units (RSU) (Class A)F2,F4 | — | May 15, 2018 | M | 680 | D | — | Mar 19, 2028 | Class A Common Stock | 680 | 10,211 | D |
Explanation of responses
- F1Represents 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 Restricted Stock Units ("RSUs") and does not represent a sale by the reporting person.
- F2Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- F3The RSUs vest as to 12/48th of the total shares on May 15, 2018 and then an additional 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
- F4The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following February 15, 2018, subject to continued service through each vesting date.