Sheryl Sandberg - Nov 15, 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
Stock symbol
META
Transactions as of
Nov 15, 2021
Transactions value $
-$12,730,196
Form type
4
Date filed
11/17/2021, 07:18 PM
Previous filing
Aug 17, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +34.4K +2.49% $0.00 1.42M Nov 15, 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 +11.2K +0.79% $0.00 1.43M Nov 15, 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 +9.43K +0.66% $0.00 1.44M Nov 15, 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 +6.85K +0.48% $0.00 1.44M Nov 15, 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 +7.43K +0.51% $0.00 1.45M Nov 15, 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 +6K +0.41% $0.00 1.46M Nov 15, 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 -$12.7M -37.3K -2.56% $340.89 1.42M Nov 15, 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 -34.4K -100% $0.00* 0 Nov 15, 2021 Class A Common Stock 34.4K Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -11.2K -14.29% $0.00 67.5K Nov 15, 2021 Class A Common Stock 11.2K Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -9.43K -20% $0.00 37.7K Nov 15, 2021 Class A Common Stock 9.43K Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.85K -14.29% $0.00 41.1K Nov 15, 2021 Class A Common Stock 6.85K Direct F3, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7.43K -16.67% $0.00 37.2K Nov 15, 2021 Class A Common Stock 7.43K Direct F3, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6K -6.67% $0.00 84K Nov 15, 2021 Class A Common Stock 6K 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.