SEC Form 4 · accession 0001127602-19-007327
Meta Platforms, Inc. · META
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher K Cox
Officer — Chief Product Officer
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 7:36 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 Stock | Feb 15, 2019 | M | 26,847 | $0.00 | A | 85,331 | D | |
| Class A Common StockF1 | Feb 15, 2019 | F | 13,311 | $163.95 | D | 72,020 | D | |
| Class A Common Stock | Feb 15, 2019 | M | 10,023 | $0.00 | A | 82,043 | D | |
| Class A Common StockF1 | Feb 15, 2019 | F | 4,970 | $163.95 | D | 77,073 | D | |
| Class A Common Stock | Feb 15, 2019 | M | 8,255 | $0.00 | A | 85,328 | D | |
| Class A Common StockF1 | Feb 15, 2019 | F | 4,093 | $163.95 | D | 81,235 | D | |
| Class A Common StockF2 | Feb 15, 2019 | C | 34,122 | $0.00 | A | 115,357 | D | |
| Class A Common StockF1 | Feb 15, 2019 | F | 16,016 | $163.95 | D | 99,341 | D | |
| Class A Common Stock | Feb 19, 2019 | S | 5,300 | $160.35 | D | 94,041 | D | |
| Class A Common StockF4 | holding | — | — | — | 74,107 | I | Christopher K. Cox 2017 Annuity Trust u/a/d 10/24/2017 | |
| Class A Common StockF5 | holding | — | — | — | 125,893 | I | Christopher K. Cox 2018 Annuity Trust II U/A DTD 12/19/2018 | |
| Class A Common StockF6 | holding | — | — | — | 74,107 | I | Christopher K. Cox 2018 Annuity Trust III U/A DTD 12/19/2018 |
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)F7,F8 | — | Feb 15, 2019 | M | 26,847 | D | — | May 5, 2023 | Class A Common Stock | 26,847 | 241,624 | D |
| Restricted Stock Units (RSU) (Class A)F7,F9 | — | Feb 15, 2019 | M | 10,023 | D | — | Mar 16, 2024 | Class A Common Stock | 10,023 | 40,090 | D |
| Restricted Stock Units (RSU) (Class A)F7,F10 | — | Feb 15, 2019 | M | 8,255 | D | — | Mar 15, 2025 | Class A Common Stock | 8,255 | 66,035 | D |
| Restricted Stock Unit (RSU) (Class B)F11,F10,F12 | — | Feb 15, 2019 | M | 34,122 | D | — | May 2, 2022 | Class B Common Stock | 34,122 | 238,857 | D |
| Class B Common StockF12 | — | Feb 15, 2019 | M | 34,122 | A | — | — | Class A Common Stock | 34,122 | 34,122 | D |
| Class B Common StockF12,F13 | — | Feb 15, 2019 | C | 34,122 | D | — | — | Class A Common Stock | 34,122 | 0 | 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 RSUs and does not represent a sale by the reporting person.
- F10The RSUs vest as to 1/16th of the total shares quarterly, beginning on February 15, 2017, subject to continued service through each vesting date.
- F11Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
- F12The 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.
- F13The 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 that were acquired upon conversion of Class B Common Stock to Class A Common Stock in connection with the settlement of the Restricted Stock Units ("RSUs") listed in Table II.
- F3The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.
- F4Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox 2017 Annuity Trust u/a/d 10/24/2017.
- F5Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox 2018 Annuity Trust II U/A DTD 12/19/2018.
- F6Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox 2018 Annuity Trust III U/A DTD 12/19/2018.
- F7Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- F8The RSUs vest as to 1/16th of the total shares quarterly, beginning on August 15, 2017, subject to continued service through each vesting date.
- F9The RSUs vest as to 1/16th of the total shares quarterly, beginning on May 15, 2016, subject to continued service through each vesting date.