David M. Wehner - 15 Aug 2021 Form 4 Insider Report for Facebook Inc (META)

Signature
/s/ Michael Johnson, attorney-in-fact for David M. Wehner
Issuer symbol
META
Transactions as of
15 Aug 2021
Net transactions value
-$4,474,014
Form type
4
Filing time
17 Aug 2021, 21:23:31 UTC
Previous filing
22 Jun 2021
Next filing
20 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +6,848 +33% $0.000000 27,321 15 Aug 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +7,435 +27% $0.000000 34,756 15 Aug 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +5,999 +17% $0.000000 40,755 15 Aug 2021 Direct
transaction META Class A Common Stock Tax liability $3,652,864 -10,058 -25% $363.18 30,697 15 Aug 2021 Direct F1
transaction META Class A Common Stock Exercise of in-the-money or at-the-money derivative security $0 +650 +11% $0.000000 6,577 15 Aug 2021 By Spouse F2
transaction META Class A Common Stock Exercise of in-the-money or at-the-money derivative security $0 +2,463 +37% $0.000000 9,040 15 Aug 2021 By Spouse F2
transaction META Class A Common Stock Sale $561,113 -1,545 -17% $363.18 7,495 15 Aug 2021 By Spouse F2, F3
transaction META Class A Common Stock Options Exercise $0 +675 +9% $0.000000 8,170 15 Aug 2021 By Spouse F2
transaction META Class A Common Stock Options Exercise $0 +767 +9.4% $0.000000 8,937 15 Aug 2021 By Spouse F2
transaction META Class A Common Stock Tax liability $260,037 -716 -8% $363.18 8,221 15 Aug 2021 By Spouse F1, F2

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) Options Exercise $0 -6,848 -10% $0.000000 61,631 15 Aug 2021 Class A Common Stock 6,848 Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,435 -10% $0.000000 66,909 15 Aug 2021 Class A Common Stock 7,435 Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,999 -7.1% $0.000000 77,979 15 Aug 2021 Class A Common Stock 5,999 Direct F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Exercise of in-the-money or at-the-money derivative security $0 -650 -33% $0.000000 1,302 15 Aug 2021 Class A Common Stock 650 By Spouse F2, F4, F8
transaction META Restricted Stock Units (RSU) (Class A) Exercise of in-the-money or at-the-money derivative security $0 -2,463 -14% $0.000000 14,777 15 Aug 2021 Class A Common Stock 2,463 By Spouse F2, F4, F9
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -675 -9.1% $0.000000 6,749 15 Aug 2021 Class A Common Stock 675 By Spouse F2, F4, F10
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -767 -6.7% $0.000000 10,739 15 Aug 2021 Class A Common Stock 767 By Spouse F2, F4, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Class A 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 Restricted Stock Units ("RSUs") and does not represent a sale.
F2 The Reporting Person disclaims Section 16 beneficial ownership over the securities reported except to the extent of his pecuniary interest therein, if any.
F3 Represents the number of shares of Class A 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 an open market sale.
F4 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F5 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2020, subject to continued service through each vesting date.
F6 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2020, subject to continued service through each vesting date.
F7 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2021, subject to continued service through each vesting date.
F8 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2018, subject to continued service through each vesting date.
F9 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2019, subject to continued service through each vesting date.
F10 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2020, subject to continued service through each vesting date.
F11 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2021, subject to continued service through each vesting date.