Filing Details

Accession Number:
0001209191-14-047474
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-07-16 17:24:50
Reporting Period:
2014-07-15
Filing Date:
2014-07-16
Accepted Time:
2014-07-16 17:24:50
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 2014-07-15 3,729 $0.00 132,895 No 4 C Direct
Class A Common Stock Disposition 2014-07-15 1,946 $66.95 130,949 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 2014-07-15 3,729 $0.00 3,729 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2014-07-15 3,729 $0.00 3,729 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-07-15 3,729 $0.00 3,729 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
22,371 2021-03-24 No 4 M Direct
3,729 No 4 M 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 settlement of the restricted stock units (the "RSUs") listed in Table II.
  2. 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.
  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 1/5th of the total number of shares on April 15, 2012 and then, an additional 1/20th 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. The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.