Tony Xu - Jan 18, 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Director
Signature
/s/ Michael Johnson, attorney-in-fact for Tony Xu
Stock symbol
META
Transactions as of
Jan 18, 2022
Transactions value $
$0
Form type
4
Date filed
1/20/2022, 06:09 PM
Previous filing
Jan 20, 2022
Next filing
May 17, 2022

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) Award $0 +389 $0.00 389 Jan 18, 2022 Class A Common Stock 389 Direct F1, F2
transaction META Restricted Stock Units (RSU) (Class A) Award $0 +3.02K $0.00 3.02K Jan 18, 2022 Class A Common Stock 3.02K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F2 The RSUs vest as to 100% of the total shares on May 15, 2022; provided the reporting person remains a member of the issuer's board of directors through such date.
F3 The RSUs vest as to 1/16th of the total shares on May 15, 2022 and then an additional 1/16th of the total shares vest quarterly thereafter, subject to continued service through each vesting date.