4//SEC Filing
Spillane David 4
Accession 0001209191-13-021657
CIK 0001326801other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 7:39 PM ET
Size
15.4 KB
Accession
0001209191-13-021657
Insider Transaction Report
Form 4
Spillane David
Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Units (RSU)
2013-04-15−4,133→ 45,469 totalExp: 2021-03-24→ Class B Common Stock (4,133 underlying) - Conversion
Class B Common Stock
2013-04-15−1,976→ 0 total→ Class A Common Stock (1,976 underlying) - Conversion
Class A Common Stock
2013-04-15+1,976→ 159,792 total - Exercise/Conversion
Class B Common Stock
2013-04-15+4,133→ 4,133 total→ Class A Common Stock (4,133 underlying) - Tax Payment
Class B Common Stock
2013-04-15−2,157→ 1,976 total→ Class A Common Stock (2,157 underlying)
Footnotes (6)
- [F1]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 $27.40 per share, which represented the closing price of the issuer's Class A Common Stock on April 12, 2013.
- [F2]Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
- [F3]Pursuant to the terms of the RSU award, the vesting condition was satisfied as to 1/5th of the total number of shares on January 15, 2012, and then 1/20th of the total number of shares vest quarterly thereafter, subject to continued service through each vesting date. The RSUs settle on the earliest of (i) December 31, 2013, (ii) an earlier date between January 1, 2013 and December 31, 2013 that may be specified by the issuer and (iii) the date of a change of control as defined int he issuer's stock plan. The issuer vested and settled the outstanding RSUs for which the vesting condition had been satisfied on February 1, 2013.
- [F4]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.
- [F5]Represents shares of Class B Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a sale by the reporting person.
- [F6]Represents shares of Class B Common Stock that have been converted to Class A Common Stock in connection with the net settlement of the RSUs.
Documents
Issuer
Facebook Inc
CIK 0001326801
Entity typeother
Related Parties
1- filerCIK 0001548761
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 7:39 PM ET
- Size
- 15.4 KB