Filing Details

Accession Number:
0001209191-12-050884
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-10-29 19:02:02
Reporting Period:
2012-10-25
Filing Date:
2012-10-29
Accepted Time:
2012-10-29 19:02:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1326801 Facebook Inc FB Services-Computer Programming, Data Processing, Etc. (7370) 201665019
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1194696 James Breyer C/O Accel Partners
428 University Avenue
Palo Alto CA 94301
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2012-10-25 724,144 $0.00 0 No 5 J Indirect By Accel Growth Fund Associates L.L.C.
Class A Common Stock Disposition 2012-10-25 16,491,451 $0.00 0 No 5 J Indirect By Accel IX Associates L.L.C.
Class A Common Stock Disposition 2012-10-25 4,632,980 $0.00 5,277,556 No 5 J Indirect By Accel Investors 2005 L.L.C.
Class A Common Stock Acquisiton 2012-10-25 37,120 $0.00 37,120 No 4 C Indirect By Accel Growth Fund Investors 2009 L.L.C.
Class A Common Stock Disposition 2012-10-25 37,120 $0.00 0 No 5 J Indirect By Accel Growth Fund Investors 2009 L.L.C.
Class A Common Stock Disposition 2012-10-25 176,416 $0.00 0 No 5 J Indirect By Accel Meritech Associates III L.L.C.
Class A Common Stock Disposition 2012-10-25 98,018 $0.00 0 No 5 J Indirect By Accel Meritech Investors III L.L.C.
Class A Common Stock Acquisiton 2012-10-25 3,280,320 $0.00 10,749,038 No 5 J Indirect By James W. Breyer as Trustee of the James W. Breyer 2005 Trust dated March 25, 2005
Class A Common Stock Disposition 2012-10-25 3,563,387 $22.77 7,185,651 No 4 S Indirect By James W. Breyer as Trustee of the James W. Breyer 2005 Trust dated March 25, 2005
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 J Indirect By Accel Growth Fund Associates L.L.C.
No 5 J Indirect By Accel IX Associates L.L.C.
No 5 J Indirect By Accel Investors 2005 L.L.C.
No 4 C Indirect By Accel Growth Fund Investors 2009 L.L.C.
No 5 J Indirect By Accel Growth Fund Investors 2009 L.L.C.
No 5 J Indirect By Accel Meritech Associates III L.L.C.
No 5 J Indirect By Accel Meritech Investors III L.L.C.
No 5 J Indirect By James W. Breyer as Trustee of the James W. Breyer 2005 Trust dated March 25, 2005
No 4 S Indirect By James W. Breyer as Trustee of the James W. Breyer 2005 Trust dated March 25, 2005
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2012-10-25 37,120 $0.00 37,120 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
63,172 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 704,263 Indirect By James W. Breyer as Trustee of the James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011
Class A Common Stock 56,612,648 Indirect By Accel IX L.P.
Class A Common Stock 6,032,562 Indirect By Accel IX Strategic Partners L.P.
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 4,741,307 4,741,307 Indirect
Class A Common Stock Class B Common Stock $0.00 92,554 92,554 Indirect
Class A Common Stock Class B Common Stock $0.00 139,144 139,144 Indirect
Class A Common Stock Class B Common Stock $0.00 15,461 15,461 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
4,741,307 4,741,307 Indirect
92,554 92,554 Indirect
139,144 139,144 Indirect
15,461 15,461 Indirect
Footnotes
  1. Transactions reported on this form represent pro rata distributions, and not a purchase or sale of securities, by Accel Growth Fund Associates L.L.C. ("AGFA"), Accel IX Associates L.L.C. ("A9A"), Accel Investors 2005 L.L.C. ("Accel 2005") and Accel Growth Fund Investors 2009 L.L.C. ("Accel Growth 2009") to their respective members without consideration. Distribution transactions were executed pursuant to a plan established in compliance with the requirements of Rule 10b5-1.
  2. The reporting person is one of the Managing Members of AGFA, and may be deemed to share voting and investment power over the securities held by AGFA. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  3. The reporting person is one of the Managing Members of A9A, and may be deemed to share voting and investment power over the shares held of record by A9A. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  4. The reporting person is one of the Managing Members of Accel 2005, and may be deemed to share voting and investment power over the securities held by Accel 2005. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  5. The reporting person is one of the Managing Members of Accel Growth 2009, and may be deemed to share voting and investment power over the securities held by Accel Growth 2009. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  6. Transactions reported on this form represent pro rata distributions, and not a purchase or sale of securities, by Accel Meritech Associates III L.L.C. ("AMA III") and Accel Meritech Investors III L.L.C. ("AMI III") to their respective members without consideration.
  7. The reporting person is one of the Managing Members of AMA III, and may be deemed to share voting and investment power over the securities held by AMA III. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  8. The reporting person is one of the Managing Members of AMI III, and may be deemed to share voting and investment power over the securities held by AMI III. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  9. Transactions reported on this form represent pro rata distributions, and not a purchase or sale of securities, by AGFA, A9A, Accel 2005, Accel Growth 2009, AMA III and AMI III to their respective members without consideration.
  10. Shares held of record by James W. Breyer as Trustee of the James W. Breyer 2005 Trust dated March 25, 2005.
  11. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 1, 2012.
  12. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.48 to $23.29 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (12).
  13. Shares held of record by James W. Breyer as Trustee of the James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011.
  14. A9A, which is the General Partner of Accel IX L.P. ("Accel IX"), has sole voting and investment power over the securities held by Accel IX. A9A disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, the reporting person is one of the Managing Members of A9A and may be deemed to share voting and investment power over the shares held of record by Accel IX. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  15. A9A, which is the General Partner of Accel IX Strategic Partners L.P. ("Accel SP"), has sole voting and investment power over the securities held by Accel SP. A9A disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, the reporting person is one of the Managing Members of A9A and may be deemed to share voting and investment power over the shares held of record by Accel SP. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  16. The 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.
  17. The shares of Class B Common Stock automatically converted into Class A Common Stock on a 1-for-1 basis in connection with the transfer of such shares.
  18. AGFA, which is the General Partner of Accel Growth Fund L.P. ("Accel Growth"), has sole voting and investment power over the securities held by Accel Growth. AGFA disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, the reporting person is one of the Managing Members of AGFA and may be deemed to share voting and investment power over the shares held of record by Accel Growth. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  19. AGFA, which is the General Partner of Accel Growth Fund Strategic Partners L.P. ("Accel Growth SP"), has sole voting and investment power over the securities held by Accel Growth SP. AGFA disclaims beneficial ownership over such securities except to the extent of its pecuniary interest therein. In addition, the reporting person is one of the Managing Members of AGFA and may be deemed to share voting and investment power over the shares held of record by Accel Growth SP. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.