SEC Form 4 · accession 0001127602-18-025736
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Colin Stretch
Officer — VP and General Counsel
Period of report
Aug 15, 2018
Accepted (ET)
Aug 17, 2018 · 7:37 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 | Aug 15, 2018 | S | 750 | $179.17 | D | 85,615 | D | |
| Class A Common Stock | Aug 15, 2018 | M | 8,018 | $0.00 | A | 93,633 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 3,909 | $181.11 | D | 89,724 | D | |
| Class A Common Stock | Aug 15, 2018 | M | 4,952 | $0.00 | A | 94,676 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 2,402 | $181.11 | D | 92,274 | D | |
| Class A Common Stock | Aug 15, 2018 | M | 5,060 | $0.00 | A | 97,334 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 2,432 | $181.11 | D | 94,902 | D | |
| Class A Common Stock | Aug 15, 2018 | M | 4,713 | $0.00 | A | 99,615 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 2,256 | $181.11 | D | 97,359 | D | |
| Class A Common Stock | Aug 15, 2018 | M | 3,424 | $0.00 | A | 100,783 | D | |
| Class A Common StockF2 | Aug 15, 2018 | F | 1,639 | $181.11 | D | 99,144 | D | |
| Class A Common StockF3 | holding | — | — | — | 500 | I | By The Graham Stretch Family Foundation |
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 | 8,018 | D | — | Mar 16, 2024 | Class A Common Stock | 8,018 | 16,036 | D |
| Restricted Stock Units (RSU) (Class A)F4,F6 | — | Aug 15, 2018 | M | 4,952 | D | — | Mar 15, 2025 | Class A Common Stock | 4,952 | 24,763 | D |
| Restricted Stock Units (RSU) (Class A)F4,F7 | — | Aug 15, 2018 | M | 5,060 | D | — | Mar 14, 2026 | Class A Common Stock | 5,060 | 65,772 | D |
| Restricted Stock Units (RSU) (Class A)F4,F8 | — | Aug 15, 2018 | M | 4,713 | D | — | Mar 14, 2027 | Class A Common Stock | 4,713 | 51,845 | D |
| Restricted Stock Units (RSU) (Class A)F4,F9 | — | Aug 15, 2018 | M | 3,424 | D | — | Mar 19, 2028 | Class A Common Stock | 3,424 | 47,936 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.
- 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.
- F3Shares held of record by The Graham Stretch Family Foundation (the "Foundation"). The reporting person's spouse is president of the Foundation and has voting and investment control of the Foundation.
- 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 1/5th of the total shares on February 15, 2015, after which 1/20th of the total shares vest quarterly, 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 shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following November 15, 2017, subject to continued service through each vesting date.
- F8The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following May 15, 2017, subject to continued service through each vesting date.
- F9The 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.