Jennifer Newstead - Nov 15, 2021 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Legal Officer
Signature
/s/ Michael Johnson, attorney-in-fact for Jennifer Newstead
Stock symbol
META
Transactions as of
Nov 15, 2021
Transactions value $
-$1,943,465
Form type
4
Date filed
11/17/2021, 07:17 PM
Previous filing
Nov 12, 2021
Next filing
Nov 24, 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 +5.04K +50.05% $0.00 15.1K Nov 15, 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +3K +19.85% $0.00 18.1K Nov 15, 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +2.95K +16.29% $0.00 21.1K Nov 15, 2021 Direct
transaction META Class A Common Stock Tax liability -$1.86M -5.45K -25.88% $340.89 15.6K Nov 15, 2021 Direct F1
transaction META Class A Common Stock Sale -$86K -250 -1.6% $343.82 15.4K Nov 16, 2021 Direct 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 -5.04K -13.05% $0.00 33.6K Nov 15, 2021 Class A Common Stock 5.04K Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -3K -10% $0.00 27K Nov 15, 2021 Class A Common Stock 3K Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2.95K -7.14% $0.00 38.4K Nov 15, 2021 Class A Common Stock 2.95K Direct F3, F6
* 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 sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F4 The RSUs vested as to 1/12th of the total shares on November 15, 2019, and then 1/16th of the total shares vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total shares vesting on August 15, 2023, subject to continued service through each vesting date.
F5 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.
F6 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.