SEC Form 4 · accession 0001127602-18-025734
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B. Fischer
Officer — VP Bus. & Marketing P'ships
Period of report
Aug 15, 2018
Accepted (ET)
Aug 17, 2018 · 7:35 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 StockF1 | Aug 15, 2018 | M | 15,034 | $0.00 | A | 95,294 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 7,454 | $181.11 | D | 87,840 | D | |
| Class A Common Stock | Aug 15, 2018 | M | 6,515 | $0.00 | A | 94,355 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 3,231 | $181.11 | D | 91,124 | D | |
| Class A Common Stock | Aug 15, 2018 | M | 6,190 | $0.00 | A | 97,314 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 3,070 | $181.11 | D | 94,244 | D | |
| Class A Common StockF3 | Aug 15, 2018 | C | 18,789 | $0.00 | A | 113,033 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 9,316 | $181.11 | D | 103,717 | 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)F4,F5 | — | Aug 15, 2018 | M | 15,034 | D | — | May 5, 2023 | Class A Common Stock | 15,034 | 15,035 | D |
| Restricted Stock Units (RSU) (Class A)F4,F6 | — | Aug 15, 2018 | M | 6,515 | D | — | Mar 16, 2024 | Class A Common Stock | 6,515 | 32,575 | D |
| Restricted Stock Units (RSU) (Class A)F4,F7 | — | Aug 15, 2018 | M | 6,190 | D | — | Mar 15, 2025 | Class A Common Stock | 6,190 | 61,907 | D |
| Restricted Stock Unit (RSU) (Class B)F8,F9,F10 | — | Aug 15, 2018 | M | 18,789 | D | — | May 2, 2022 | Class B Common Stock | 18,789 | 18,789 | D |
| Class B Common StockF10 | — | Aug 15, 2018 | M | 18,789 | A | — | — | Class A Common Stock | 18,789 | 18,789 | D |
| Class B Common StockF10,F11 | — | Aug 15, 2018 | C | 18,789 | D | — | — | Class A Common Stock | 18,789 | 0 | D |
Explanation of responses
- F1Since the date of the reporting person's last ownership report, he transferred 2,336 shares of the Issuer's Class A common stock pursuant to a domestic relations order.
- F10The 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.
- F11The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.
- 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 Restricted Stock Units ("RSUs") and does not represent a sale by the reporting person.
- F3Represents 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 RSUs listed in Table II.
- F4Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- F5The RSUs vest as to 1/16th of the total shares quarterly, beginning on November 15, 2014, subject to continued service through each vesting date.
- F6The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2016, subject to continued service through each vesting date.
- F7The RSUs vest as to 1/16th of the total shares quarterly, beginning on May 15, 2017, subject to continued service through each vesting date.
- F8Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
- F9The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2015, subject to continued service through each vesting date.