Filing Details

Accession Number:
0001209191-13-053199
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-19 18:43:34
Reporting Period:
2013-11-15
Filing Date:
2013-11-19
Accepted Time:
2013-11-19 18:43:34
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 2013-11-15 3,634 $0.00 160,079 No 4 C Direct
Class A Common Stock Disposition 2013-11-18 10,000 $48.46 150,079 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 2013-11-15 7,085 $0.00 7,085 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2013-11-15 7,085 $0.00 7,085 $0.00
Class A Common Stock Class B Common Stock Disposition 2013-11-15 3,697 $0.00 3,697 $0.00
Class A Common Stock Class B Common Stock Disposition 2013-11-15 3,388 $0.00 3,388 $0.00
Class B Common Stock Restricted Stock Unit (RSU) Disposition 2013-11-15 516 $0.00 516 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2013-08-15 516 $0.00 516 $0.00
Class A Common Stock Class B Common Stock Disposition 2013-08-15 270 $0.00 270 $0.00
Class A Common Stock Class B Common Stock Disposition 2013-08-15 246 $0.00 246 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
21,255 2020-08-25 No 4 M Direct
7,085 No 4 M Direct
3,388 No 4 F Direct
0 No 4 C Direct
4,647 2022-05-02 No 4 M Direct
516 No 4 M Direct
246 No 4 F Direct
0 No 4 C Direct
Footnotes
  1. 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 $49.00 per share, which represented the closing price of the issuer's Class A Common Stock on November 14, 2013.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  3. Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
  4. 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 August 15, 2011 and then, an additional 1/16th of the total number of shares vest quarterly thereafter, subject to continued service through each vesting date.
  5. 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.
  6. 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.
  7. Represents shares of Class B Common Stock that have been converted to Class A Common Stock in connection with the net settlement of RSUs.
  8. The RSU vested as to 1/4th of the total shares on February 15, 2013, and then 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.