Michael Todd Schroepfer - 15 Feb 2022 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 Feb 2022
Net transactions value
-$3,967,365
Form type
4
Filing time
17 Feb 2022, 18:58:35 UTC
Previous 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 +8,432 +1.3% $0.000000 639,044 15 Feb 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +9,426 +1.5% $0.000000 648,470 15 Feb 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +6,848 +1.1% $0.000000 655,318 15 Feb 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +7,434 +1.1% $0.000000 662,752 15 Feb 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +5,998 +0.91% $0.000000 668,750 15 Feb 2022 Direct
transaction META Class A Common Stock Tax liability $3,967,365 -18,224 -2.7% $217.70 650,526 15 Feb 2022 Direct F1
holding META Class A Common Stock 375,860 15 Feb 2022 The HS Trust U/A/D 9/28/2011 F2
holding META Class A Common Stock 28,244 15 Feb 2022 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 -8,432 -12% $0.000000 59,028 15 Feb 2022 Class A Common Stock 8,432 Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -9,426 -25% $0.000000 28,279 15 Feb 2022 Class A Common Stock 9,426 Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,848 -6.7% $0.000000 95,871 15 Feb 2022 Class A Common Stock 6,848 Direct F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,434 -7.1% $0.000000 96,647 15 Feb 2022 Class A Common Stock 7,434 Direct F4, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,998 -6.2% $0.000000 89,976 15 Feb 2022 Class A Common Stock 5,998 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, 2020, 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 November 15, 2021, subject to continued service through each vesting date.
F8 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.
F9 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2022, subject to continued service through each vesting date.