Jennifer Newstead - Feb 15, 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Legal Officer
Signature
/s/ Michael Johnson, attorney-in-fact for Jennifer Newstead
Stock symbol
META
Transactions as of
Feb 15, 2022
Transactions value $
-$1,139,115
Form type
4
Date filed
2/17/2022, 07:00 PM
Previous filing
Feb 10, 2022
Next filing
Feb 24, 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 +5.04K +42.02% $0.00 17K Feb 15, 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +3K +17.61% $0.00 20K Feb 15, 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +2.95K +14.74% $0.00 23K Feb 15, 2022 Direct
transaction META Class A Common Stock Tax liability -$1.04M -4.77K -20.75% $217.70 18.2K Feb 15, 2022 Direct F1
transaction META Class A Common Stock Sale -$101K -476 -2.61% $212.44 17.7K Feb 16, 2022 Direct 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 -5.04K -15% $0.00 28.6K Feb 15, 2022 Class A Common Stock 5.04K Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -3K -11.11% $0.00 24K Feb 15, 2022 Class A Common Stock 3K Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2.95K -7.69% $0.00 35.4K Feb 15, 2022 Class A Common Stock 2.95K Direct F3, F6
* 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 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F4 The RSUs vested as to 1/12th of the total shares on November 15, 2019, and then 1/16th of the total shares vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total shares vesting on August 15, 2023, subject to continued service through each vesting date.
F5 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 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 May 15, 2021, subject to continued service through each vesting date.