Filing Details
- Accession Number:
- 0001209191-13-035672
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-07-03 17:47:23
- Reporting Period:
- 2013-07-01
- Filing Date:
- 2013-07-03
- Accepted Time:
- 2013-07-03 17:47:23
- 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 |
|---|---|---|---|---|---|---|---|
| 1575625 | Jas Athwal | C/O Facebook, Inc. 1601 Willow Road Menlo Park CA 94025 | Chief Accounting Officer | 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 | Acquisiton | 2013-07-01 | 1,594 | $0.00 | 176,246 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2013-07-03 | 125 | $24.22 | 176,121 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Restricted Stock Unit (RSU) | Disposition | 2013-07-01 | 3,335 | $0.00 | 3,335 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2013-07-01 | 3,335 | $0.00 | 3,335 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2013-07-01 | 1,741 | $0.00 | 1,741 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2013-07-01 | 1,594 | $0.00 | 1,594 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2019-08-25 | No | 4 | M | Direct | |
| 3,335 | No | 4 | M | Direct | ||
| 1,594 | No | 4 | F | Direct | ||
| 0 | No | 4 | C | Direct |
Footnotes
- 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 $24.86 per share, which represented the closing price of the issuer's Class A Common Stock on June 28, 2013.
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- 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 liquidity event-based condition was satisfied on November 17, 2012. The service-based condition was satisfied as to 1/4th of the total number of shares on July 1, 2010 and then, an additional 1/48th of the total number of shares vest monthly thereafter, subject to continued service through each vesting date.
- 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 and withholding and remittance obligations in connection with the net settlement of 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 RSUs.
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