Filing Details
- Accession Number:
- 0001209191-12-053290
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-11-15 17:04:59
- Reporting Period:
- 2012-11-13
- Filing Date:
- 2012-11-15
- Accepted Time:
- 2012-11-15 17:04:59
- 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 |
---|---|---|---|---|---|---|---|
1549078 | B. David Fischer | C/O Facebook, Inc. 1601 Willow Road Menlo Park CA 94025 | Vp Marketing & Bus. Part. | No | Yes | 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 | 2012-11-13 | 12,000 | $19.60 | 556,282 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2012-11-14 | 12,000 | $20.08 | 544,282 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2012-11-15 | 62,888 | $0.00 | 607,170 | No | 4 | C | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | C | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2012-11-15 | 117,945 | $0.00 | 117,945 | $0.00 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2012-11-15 | 117,945 | $0.00 | 117,945 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2012-11-15 | 55,057 | $0.00 | 55,057 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2012-11-15 | 62,888 | $0.00 | 62,888 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,179,475 | 2020-05-19 | No | 4 | M | Direct | |
117,945 | No | 4 | M | Direct | ||
62,888 | No | 4 | F | Direct | ||
0 | No | 4 | C | Direct |
Footnotes
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- Represents the number of shares that were acquired upon conversion of Class B Common Stock to Class A Common Stock in connection with the net settlement of restricted stock units (the "RSUs") listed in Table II, based on a price of $22.35 per share, which represented the closing price of the issuer's Class A Common Stock on November 14, 2012.
- Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
- The RSUs were granted with both (a) a liquidity event-based vesting condition and (b) a service-based vesting condition, both of which conditions must be satisfied in order for the RSUs to vest. The service-based vesting condition was satisfied as to 1/5th of the total shares on May 15, 2011, and then 1/20th of the total number of shares vest quarterly thereafter, subject to continued service through each vesting date. The liquidity event-based vesting condition will be satisfied six months after the issuer's initial public offering, which was declared effective on May 17, 2012. Under settlement procedures applicable to the RSUs, the issuer is permitted to deliver the underlying shares within 30 days before or after the date on which the liquidity event-based condition is satisfied.
- 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.
- Represents shares of Class B 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.
- Represents shares of Class B Common Stock that have been converted to Class A Common Stock in connection with the net settlement of the RSUs.