SEC Form 4 · accession 0001127602-19-007325
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
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 7:34 pm EST
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 | Feb 15, 2019 | M | 6,515 | $0.00 | A | 66,622 | D | |
| Class A Common StockF2 | Feb 15, 2019 | F | 3,231 | $163.95 | D | 63,391 | D | |
| Class A Common Stock | Feb 15, 2019 | M | 6,191 | $0.00 | A | 69,582 | D | |
| Class A Common StockF2 | Feb 15, 2019 | F | 3,070 | $163.95 | D | 66,512 | D | |
| Class A Common Stock | Feb 15, 2019 | M | 6,324 | $0.00 | A | 72,836 | D | |
| Class A Common StockF2 | Feb 15, 2019 | F | 3,136 | $163.95 | D | 69,700 | 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)F3,F4 | — | Feb 15, 2019 | M | 6,515 | D | — | Mar 16, 2024 | Class A Common Stock | 6,515 | 19,545 | D |
| Restricted Stock Units (RSU) (Class A)F3,F5 | — | Feb 15, 2019 | M | 6,191 | D | — | Mar 15, 2025 | Class A Common Stock | 6,191 | 49,525 | D |
| Restricted Stock Units (RSU) (Class A)F3,F6 | — | Feb 15, 2019 | M | 6,324 | D | — | Mar 14, 2026 | Class A Common Stock | 6,324 | 94,866 | D |
Explanation of responses
- F1Since the date of the reporting person's last ownership report, he transferred 2,471 shares of the Issuer's Class A common stock pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
- 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 RSUs and does not represent a sale by the reporting person.
- F3Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- F4The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2016, subject to continued service through each vesting date.
- F5The RSUs vest as to 1/16th of the total shares quarterly, beginning on May 15, 2017, subject to continued service through each vesting date.
- F6The RSUs shall vest quarterly as to 1/16th of the total shares, commencing the first quarter following November 15, 2018, subject to continued service through each vesting date.