Michael Todd Schroepfer - 15 Nov 2021 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Michael Johnson, attorney-in-fact for Michael Schroepfer
Issuer symbol
META
Transactions as of
15 Nov 2021
Net transactions value
-$9,970,692
Form type
4
Filing time
17 Nov 2021, 19:19:20 UTC
Previous filing
17 Aug 2021
Next filing
14 Feb 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 +26,848 +4.5% $0.000000 627,721 15 Nov 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +8,433 +1.3% $0.000000 636,154 15 Nov 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +9,426 +1.5% $0.000000 645,580 15 Nov 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +6,847 +1.1% $0.000000 652,427 15 Nov 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +7,434 +1.1% $0.000000 659,861 15 Nov 2021 Direct
transaction META Class A Common Stock Tax liability $9,970,692 -29,249 -4.4% $340.89 630,612 15 Nov 2021 Direct F1
holding META Class A Common Stock 417,625 15 Nov 2021 The HS Trust U/A/D 9/28/2011 F2
holding META Class A Common Stock 28,244 15 Nov 2021 The Clover Irrevocable Nonexempt Trust U/A/D 6/27/2011 F3

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 -26,848 -100% $0.000000* 0 15 Nov 2021 Class A Common Stock 26,848 Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -8,433 -11% $0.000000 67,460 15 Nov 2021 Class A Common Stock 8,433 Direct F4, F6
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 F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,847 -6.2% $0.000000 102,719 15 Nov 2021 Class A Common Stock 6,847 Direct F4, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,434 -6.7% $0.000000 104,081 15 Nov 2021 Class A Common Stock 7,434 Direct F4, F9
* 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 Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The HS Trust U/A/D 9/28/2011.
F3 Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The Clover Irrevocable Nonexempt Trust U/A/D 6/27/2011.
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, 2018, 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, 2019, subject to continued service through each vesting date.
F8 The RSUs vest quarterly as to 1/16th of the total shares, beginning on November 15, 2021, 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.