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

Role
Chief Legal Officer
Signature
/s/ Michael Johnson, attorney-in-fact for Jennifer Newstead
Issuer symbol
META
Transactions as of
15 Nov 2021
Net transactions value
-$1,943,465
Form type
4
Filing time
17 Nov 2021, 19:17:20 UTC
Previous filing
12 Nov 2021
Next filing
24 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +5,039 +50% $0.000000 15,106 15 Nov 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +2,999 +20% $0.000000 18,105 15 Nov 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +2,950 +16% $0.000000 21,055 15 Nov 2021 Direct
transaction META Class A Common Stock Tax liability $1,857,510 -5,449 -26% $340.89 15,606 15 Nov 2021 Direct F1
transaction META Class A Common Stock Sale $85,955 -250 -1.6% $343.82 15,356 16 Nov 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 -5,039 -13% $0.000000 33,588 15 Nov 2021 Class A Common Stock 5,039 Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2,999 -10% $0.000000 26,993 15 Nov 2021 Class A Common Stock 2,999 Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2,950 -7.1% $0.000000 38,354 15 Nov 2021 Class A Common Stock 2,950 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.