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

Role
Chief Operating Officer, Director
Signature
/s/ Michael Johnson, attorney-in-fact for Sheryl Sandberg
Issuer symbol
META
Transactions as of
15 Nov 2021
Net transactions value
-$12,730,196
Form type
4
Filing time
17 Nov 2021, 19:18:53 UTC
Previous filing
17 Aug 2021
Next filing
17 Feb 2022
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 +34,365 +2.5% $0.000000 1,417,146 15 Nov 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +11,243 +0.79% $0.000000 1,428,389 15 Nov 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +9,426 +0.66% $0.000000 1,437,815 15 Nov 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +6,848 +0.48% $0.000000 1,444,663 15 Nov 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +7,434 +0.51% $0.000000 1,452,097 15 Nov 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +5,998 +0.41% $0.000000 1,458,095 15 Nov 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Tax liability $12,730,196 -37,344 -2.6% $340.89 1,420,751 15 Nov 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 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 -34,365 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 34,365 Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -11,243 -14% $0.000000 67,459 15 Nov 2021 Class A Common Stock 11,243 Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -9,426 -20% $0.000000 37,705 15 Nov 2021 Class A Common Stock 9,426 Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,848 -14% $0.000000 41,088 15 Nov 2021 Class A Common Stock 6,848 Direct F3, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,434 -17% $0.000000 37,172 15 Nov 2021 Class A Common Stock 7,434 Direct F3, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,998 -6.7% $0.000000 83,978 15 Nov 2021 Class A Common Stock 5,998 Direct F3, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004.
F2 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.
F3 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F4 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2018, subject to continued service through each vesting date.
F5 The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 15, 2019, 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, 2019, subject to continued service through each vesting date.
F7 The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 15, 2019, 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, 2019, subject to continued service through each vesting date.
F9 The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 15, 2021, subject to continued service through each vesting date.