Edgar Filing: BREYER JAMES

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

BREYER JAMES

2. Issuer Name and Ticker or Trading Symbol
Facebook Inc [FB]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

C/O ACCEL PARTNERS, 428 UNIVERSITY AVENUE

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2012

(Street)

PALO ALTO, CA 94301

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/22/2012		C		10,844,263	A	$ 0	10,844,263	I	By James W. Breyer as Trustee of James W. Breyer 2005 Trust dated March 25, 2005 ⁽¹⁾
Class A Common Stock	05/22/2012		S		3,375,545	D	$ 37.58	7,468,718	I	By James W. Breyer as Trustee of James W. Breyer 2005 Trust dated March 25, 2005 ⁽¹⁾
Class A Common Stock	05/22/2012		C		704,263	A	$ 0	704,263	I	By James W. Breyer as Trustee of James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011 ⁽²⁾
Class A Common Stock	05/22/2012		C		149,527,730	A	$ 0	149,527,730	I	By Accel IX L.P. ⁽³⁾
Class A Common Stock	05/22/2012		S		43,216,317	D	$ 37.58	106,311,413	I	By Accel IX L.P. ⁽³⁾
Class A Common Stock	05/22/2012		C		15,931,653	A	$ 0	15,931,653	I	By Accel IX Strategic Partners L.P. ⁽⁴⁾
Class A Common Stock	05/22/2012		S		4,604,228	D	$ 37.58	11,327,425	I	By Accel IX Strategic Partners L.P. ⁽⁴⁾
Class A Common Stock	05/22/2012		C		13,939,214	A	$ 0	13,939,214	I	By Accel Investors 2005 L.L.C. ⁽⁵⁾
Class A Common Stock	05/22/2012		S		4,028,678	D	$ 37.58	9,910,536	I	By Accel Investors 2005 L.L.C. ⁽⁵⁾
Class A Common Stock	05/22/2012		C		2,422,564	A	$ 0	2,422,564	I	By Accel Growth Fund L.P. ⁽⁶⁾
Class A Common Stock	05/22/2012		S		2,422,564	D	$ 37.58	0	I	By Accel Growth Fund L.P. ⁽⁶⁾
Class A Common Stock	05/22/2012		C		47,291	A	$ 0	47,291	I	By Accel Growth Fund Strategic Partners L.P. ⁽⁷⁾
Class A Common Stock	05/22/2012		S		47,291	D	$ 37.58	0	I	By Accel Growth Fund Strategic Partners L.P. ⁽⁷⁾
Class A Common Stock	05/22/2012		C		32,278	A	$ 0	32,278	I	By Accel Growth Fund Investors 2009 L.L.C. ⁽⁸⁾
Class A Common Stock	05/22/2012		S		32,278	D	$ 37.58	0	I	By Accel Growth Fund Investors 2009 L.L.C. ⁽⁸⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Series B Convertible Preferred Stock ⁽⁹⁾

⁽⁹⁾

05/22/2012

10,161,282

⁽⁹⁾

Class B Common Stock ⁽¹⁰⁾

10,211,171

$ 0

By James W. Breyer as Trustee of James W. Breyer 2005 Trust dated March 25, 2005 ⁽¹⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

10,211,171

⁽¹⁰⁾

Class A Common Stock

10,211,171

$ 0

10,350,315

By James W. Breyer as Trustee of James W. Breyer 2005 Trust dated March 25, 2005 ⁽¹⁾

Series C Convertible Preferred Stock ⁽¹¹⁾

⁽¹¹⁾

05/22/2012

630,000

⁽¹¹⁾

Class B Common Stock ⁽¹⁰⁾

633,092

$ 0

By James W. Breyer as Trustee of James W. Breyer 2005 Trust dated March 25, 2005 ⁽¹⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

633,092

⁽¹⁰⁾

Class A Common Stock

633,092

$ 0

10,983,407

By James W. Breyer as Trustee of James W. Breyer 2005 Trust dated March 25, 2005 ⁽¹⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

10,844,263

⁽¹⁰⁾

Class A Common Stock ⁽¹²⁾

108,442,643

$ 0

139,144

By James W. Breyer as Trustee of James W. Breyer 2005 Trust dated March 25, 2005 ⁽¹⁾

Series B Convertible Preferred Stock ⁽⁹⁾

⁽⁹⁾

05/22/2012

630,823

⁽⁹⁾

Class B Common Stock ⁽¹⁰⁾

633,920

$ 0

By James W. Breyer as Trustee of James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011 ⁽²⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

633,920

⁽¹⁰⁾

Class A Common Stock

633,920

$ 0

649,381

By James W. Breyer as Trustee of James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011 ⁽²⁾

Series C Convertible Preferred Stock ⁽¹¹⁾

⁽¹¹⁾

05/22/2012

70,000

⁽¹¹⁾

Class B Common Stock ⁽¹⁰⁾

70,343

$ 0

By James W. Breyer as Trustee of James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011 ⁽²⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

70,343

⁽¹⁰⁾

Class A Common Stock

70,343

$ 0

719,724

By James W. Breyer as Trustee of James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011 ⁽²⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

704,263

⁽¹⁰⁾

Class A Common Stock ⁽¹²⁾

704,263

$ 0

15,461

By James W. Breyer as Trustee of James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011 ⁽²⁾

Series B Convertible Preferred Stock ⁽⁹⁾

⁽⁹⁾

05/22/2012

139,733,902

⁽⁹⁾

Class B Common Stock ⁽¹⁰⁾

140,419,959

$ 0

By Accel IX L.P. ⁽³⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

140,419,959

⁽¹⁰⁾

Class A Common Stock

140,419,959

$ 0

140,419,959

By Accel IX L.P. ⁽³⁾

Series C Convertible Preferred Stock ⁽¹¹⁾

⁽¹¹⁾

05/22/2012

9,063,280

⁽¹¹⁾

Class B Common Stock ⁽¹⁰⁾

9,107,771

$ 0

By Accel IX L.P. ⁽³⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

9,107,771

⁽¹⁰⁾

Class A Common Stock

9,107,771

$ 0

149,527,730

By Accel IX L.P. ⁽³⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

149,527,730

⁽¹⁰⁾

Class A Common Stock ⁽¹²⁾

149,527,730

$ 0

By Accel IX L.P. ⁽³⁾

Series B Convertible Preferred Stock ⁽⁹⁾

⁽⁹⁾

05/22/2012

14,888,296

⁽⁹⁾

Class B Common Stock ⁽¹⁰⁾

14,961,394

$ 0

By Accel IX Strategic Partners L.P. ⁽⁴⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

14,961,394

⁽¹⁰⁾

Class A Common Stock

14,961,394

$ 0

14,961,394

By Accel IX Strategic Partners L.P. ⁽⁴⁾

Series C Convertible Preferred Stock ⁽¹¹⁾

⁽¹¹⁾

05/22/2012

965,520

⁽¹¹⁾

Class B Common Stock ⁽¹⁰⁾

970,259

$ 0

By Accel IX Strategic Partners L.P. ⁽⁴⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

970,259

⁽¹⁰⁾

Class A Common Stock

970,259

$ 0

15,931,653

By Accel IX Strategic Partners L.P. ⁽⁴⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

15,931,653

⁽¹⁰⁾

Class A Common Stock ⁽¹²⁾

15,931,653

$ 0

By Accel IX Strategic Partners L.P. ⁽⁴⁾

Series B Convertible Preferred Stock ⁽⁹⁾

⁽⁹⁾

05/22/2012

13,026,232

⁽⁹⁾

Class B Common Stock ⁽¹⁰⁾

13,090,187

$ 0

By Accel Investors 2005 L.L.C. ⁽⁵⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

13,090,187

⁽¹⁰⁾

Class A Common Stock

13,090,187

$ 0

13,090,187

By Accel Investors 2005 L.L.C. ⁽⁵⁾

Series C Convertible Preferred Stock ⁽¹¹⁾

⁽¹¹⁾

05/22/2012

844,880

⁽¹¹⁾

Class B Common Stock ⁽¹⁰⁾

849,027

$ 0

By Accel Investors 2005 L.L.C. ⁽⁵⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

849,027

⁽¹⁰⁾

Class A Common Stock

849,027

$ 0

13,939,214

By Accel Investors 2005 L.L.C. ⁽⁵⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

13,939,214

⁽¹⁰⁾

Class A Common Stock ⁽¹²⁾

13,939,214

$ 0

By Accel Investors 2005 L.L.C. ⁽⁵⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

2,422,564

⁽¹⁰⁾

Class A Common Stock ⁽¹³⁾

2,422,564

$ 0

7,527,256

By Accel Growth Fund L.P. ⁽⁶⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

47,291

⁽¹⁰⁾

Class A Common Stock ⁽¹³⁾

47,291

$ 0

146,939

By Accel Growth Fund Strategic Partners L.P. ⁽⁷⁾

Class B Common Stock ⁽¹⁰⁾

⁽¹⁰⁾

05/22/2012

32,278

⁽¹⁰⁾

Class A Common Stock ⁽¹³⁾

32,278

$ 0

100,292

By Accel Growth Fund Investors 2009 L.L.C. ⁽⁸⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BREYER JAMES C/O ACCEL PARTNERS 428 UNIVERSITY AVENUE PALO ALTO, CA 94301	X	X

Signatures

/s/ Michael Johnson as attorney-in-fact for James W. Breyer		05/22/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares held of record by James W. Breyer as Trustee of the James W. Breyer 2005 Trust dated March 25, 2005.
(2)	Shares held of record by James W. Breyer as Trustee of the James W. Breyer 2011 Annuity Trust 1, dated March 10, 2011.
(3)	The reporting person is one of the Managing Members of Accel IX Associates L.L.C. ("A9A"), which is the General Partner of Accel IX L.P. ("Accel IX"), and may be deemed to share voting and investment power over the securities held by Accel IX. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
(4)	The reporting person is one of the Managing Members of A9A, which is the General Partner of Accel IX Strategic Partners L.P. ("Accel SP"), and may be deemed to share voting and investment power over the securities held by Accel SP. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
(5)	The reporting person is one of the Managing Members of Accel Investors 2005 L.L.C. ("Accel 2005"), and may be deemed to share voting and investment power over the securities held by Accel 2005. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
(6)	The reporting person is one of the Managing Members of Accel Growth Fund Associates L.L.C ("AGFA"), which is the General Partner of Accel Growth Fund L.P. ("Accel Growth"), and may be deemed to share voting and investment power over the securities held by Accel Growth. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
(7)	The reporting person is one of the Managing Members of AGFA, which is the General Partner of Accel Growth Fund Strategic Partners L.P. ("Accel Growth SP"), and may be deemed to share voting and investment power over the securities held by Accel Growth SP. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
(8)	The reporting person is one of the Managing Members of Accel Growth Fund Investors 2009 L.L.C. ("Accel Growth 2009"), and may be deemed to share voting and investment power over the securities held by Accel Growth 2009. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
(9)	Each share of the issuer's Series B Convertible Preferred Stock automatically converted into 1.00491 shares of the issuer's Class B Common Stock on May 22, 2012 in connection with the closing of the issuer's sale of its Class A Common Stock in its firm commitment initial public offering pursuant to a registration statement on Form S-1 (File No. 333-179287) under the Securities Act of 1933, as amended, and had no expiration date.
(10)	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.
(11)	Each share of the issuer's Series C Convertible Preferred Stock automatically converted into 1.004909 shares of the issuer's Class B Common Stock on May 22, 2012 in connection with the closing of the issuer's sale of its Class A Common Stock in its firm commitment initial public offering pursuant to a registration statement on Form S-1 (File No. 333-179287) under the Securities Act of 1933, as amended, and had no expiration date.
(12)	The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.
(13)	The shares of Class B Common Stock automatically converted into Class A Common Stock on a 1-for-1 basis in connection with the transfer of such shares.

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Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.