4//SEC Filing
Facebook Inc 4
Accession 0001209191-13-035665
$METACIK 0001326801operating
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 5:46 PM ET
Size
16.3 KB
Accession
0001209191-13-035665
Insider Transaction Report
Form 4
Ullyot Theodore Warren
VP, Gen. Counsel & Secretary
Transactions
- Conversion
Class A Common Stock
2013-07-01+25,755→ 481,797 total - Tax Payment
Class B Common Stock
2013-07-01−28,105→ 25,755 total→ Class A Common Stock (28,105 underlying) - Exercise/Conversion
Class B Common Stock
2013-07-01+53,860→ 53,860 total→ Class A Common Stock (53,860 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2013-07-01−53,860→ 215,455 totalExp: 2019-01-11→ Class B Common Stock (53,860 underlying) - Conversion
Class B Common Stock
2013-07-01−25,755→ 0 total→ Class A Common Stock (25,755 underlying)
Holdings
- 176,400(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [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 $24.86 per share, which represented the closing price of the issuer's Class A Common Stock on June 28, 2013.
- [F2]Shares held of record by Theodore W. Ullyot and Jennifer L. Ullyot, Co-Trustees of the Ullyot 2012 Irrevocable Trust, the beneficiaries of which include the reporting person's minor children.
- [F3]Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
- [F4]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 vesting condition was satisfied on November 17, 2012. Pursuant to the terms of the RSU award, the service-based vesting condition was satisfied as to 1/5th of the total number of shares on November 1, 2009 and then 1/60th of the total number of shares vest monthly thereafter, subject to continued service through each vesting date.
- [F5]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.
- [F6]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.
- [F7]Represents shares of Class B Common Stock that have been converted to Class A Common Stock in connection with the net settlement of RSUs.
Documents
Issuer
Facebook Inc
CIK 0001326801
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001326801
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 5:46 PM ET
- Size
- 16.3 KB