PETER THIEL - 15 Jun 2021 Form 4 Insider Report for Facebook Inc (META)

Role
Director
Signature
/s/ Michael Johnson, attorney-in-fact for Peter Thiel
Issuer symbol
META
Transactions as of
15 Jun 2021
Net transactions value
$0
Form type
4
Filing time
17 Jun 2021, 21:34:25 UTC
Previous filing
18 May 2021
Next filing
30 Jun 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction META Restricted Stock Units (RSU) (Class A) Award $0 +946 $0.000000 946 15 Jun 2021 Class A Common Stock 946 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F2 The RSUs vest as to 100% of the total shares on May 15, 2022; provided, however, in the event that (i) the Issuer's 2022 Annual Meeting of Stockholders is held prior to May 15, 2022; and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2022 Annual Meeting of Stockholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total shares shall vest on the date of the 2022 Annual Meeting of Stockholders.