Michael 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
Transactions value $
-$3,967,365
Form type
4
Filing time
17 Feb 2022, 18:58:35
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 +8.43K +1.34% $0.00 639K 15 Feb 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +9.43K +1.48% $0.00 648K 15 Feb 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +6.85K +1.06% $0.00 655K 15 Feb 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +7.43K +1.13% $0.00 663K 15 Feb 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +6K +0.91% $0.00 669K 15 Feb 2022 Direct
transaction META Class A Common Stock Tax liability -$3.97M -18.2K -2.73% $217.70 651K 15 Feb 2022 Direct F1
holding META Class A Common Stock 376K 15 Feb 2022 The HS Trust U/A/D 9/28/2011 F2
holding META Class A Common Stock 28.2K 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 -8.43K -12.5% $0.00 59K 15 Feb 2022 Class A Common Stock 8.43K Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -9.43K -25% $0.00 28.3K 15 Feb 2022 Class A Common Stock 9.43K Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.85K -6.67% $0.00 95.9K 15 Feb 2022 Class A Common Stock 6.85K Direct F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7.43K -7.14% $0.00 96.6K 15 Feb 2022 Class A Common Stock 7.43K Direct F4, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6K -6.25% $0.00 90K 15 Feb 2022 Class A Common Stock 6K 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.