Facebook Inc 4
4 · Facebook Inc · Filed Nov 17, 2016
Insider Transaction Report
Form 4
Athwal Jas
Chief Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2016-11-15+4,451→ 115,394 total - Exercise/Conversion
Class A Common Stock
2016-11-15+2,476→ 120,376 total - Sale
Class A Common Stock
2016-11-15$117.52/sh−3,601$423,203→ 115,853 total - Sale
Class A Common Stock
2016-11-15$118.21/sh−400$47,283→ 115,453 total - Sale
Class A Common Stock
2016-11-15$116.69/sh−922$107,589→ 119,454 total - Exercise/Conversion
Restricted Stock Units (RSU) (Class A)
2016-11-15−4,451→ 4,452 totalExp: 2023-05-05→ Class A Common Stock (4,451 underlying) - Exercise/Conversion
Restricted Stock Units (RSU) (Class A)
2016-11-15−2,506→ 20,045 totalExp: 2024-03-16→ Class A Common Stock (2,506 underlying) - Exercise/Conversion
Restricted Stock Units (RSU) (Class A)
2016-11-15−2,476→ 22,287 totalExp: 2025-03-15→ Class A Common Stock (2,476 underlying) - Exercise/Conversion
Class A Common Stock
2016-11-15+2,506→ 117,900 total
Footnotes (8)
- [F1]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.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.08 to $117.06 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.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.09 to $118.05 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.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.09 to $118.43 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.
- [F5]Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
- [F6]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.
- [F7]The RSUs vest as to 1/16th of the total shares quarterly, beginning February 15, 2015, subject to continued service through each vesting date.
- [F8]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.