Filing Details

Accession Number:
0001127602-16-052630
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-17 20:48:46
Reporting Period:
2016-05-15
Filing Date:
2016-05-17
Accepted Time:
2016-05-17 20:48:46
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 2016-05-15 4,451 $0.00 120,885 No 4 M Direct
Class A Common Stock Acquisiton 2016-05-15 2,505 $0.00 123,390 No 4 M Direct
Class A Common Stock Acquisiton 2016-05-15 2,476 $0.00 125,866 No 4 M Direct
Class A Common Stock Disposition 2016-05-16 4,223 $118.04 121,643 No 4 S Direct
Class A Common Stock Disposition 2016-05-16 700 $118.94 120,943 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units (RSU) (Class A) Disposition 2016-05-15 4,451 $0.00 4,451 $0.00
Class A Common Stock Restricted Stock Units (RSU) (Class A) Disposition 2016-05-15 2,505 $0.00 2,505 $0.00
Class A Common Stock Restricted Stock Units (RSU) (Class A) Disposition 2016-05-15 2,476 $0.00 2,476 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
13,354 2023-05-05 No 4 M Direct
25,057 2024-03-16 No 4 M Direct
27,239 2025-03-15 No 4 M Direct
Footnotes
  1. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.48 to $118.47 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.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.50 to $119.39 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.
  4. Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
  5. The RSUs vested as to 1/4th of the total shares on February 15, 2014, and then 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.
  6. The RSUs vest as to 1/16th of the total shares quarterly, beginning February 15, 2015, subject to continued service through each vesting date.
  7. The RSUs vest as to 1/4th of the total shares on February 15, 2016, after which 1/16th of the total shares vest quarterly, subject to continued service through each vesting date.