Sheryl Sandberg - 15 May 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Operating Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Sheryl Sandberg
Issuer symbol
META
Transactions as of
15 May 2022
Net transactions value
-$5,037,003
Form type
4
Filing time
17 May 2022, 21:33:31 UTC
Previous filing
23 Mar 2022
Next filing
17 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +11,243 +0.78% $0.000000 1,455,708 15 May 2022 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +9,426 +0.65% $0.000000 1,465,134 15 May 2022 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +6,848 +0.47% $0.000000 1,471,982 15 May 2022 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +7,435 +0.51% $0.000000 1,479,417 15 May 2022 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +5,998 +0.41% $0.000000 1,485,415 15 May 2022 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +4,720 +0.32% $0.000000 1,490,135 15 May 2022 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +5,470 +0.37% $0.000000 1,495,605 15 May 2022 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Tax liability $5,037,003 -25,360 -1.7% $198.62 1,470,245 15 May 2022 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1, 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 -11,243 -20% $0.000000 44,973 15 May 2022 Class A Common Stock 11,243 Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -9,426 -33% $0.000000 18,853 15 May 2022 Class A Common Stock 9,426 Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,848 -20% $0.000000 27,392 15 May 2022 Class A Common Stock 6,848 Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,435 -25% $0.000000 22,303 15 May 2022 Class A Common Stock 7,435 Direct F3, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,998 -7.7% $0.000000 71,981 15 May 2022 Class A Common Stock 5,998 Direct F3, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4,720 -6.7% $0.000000 66,086 15 May 2022 Class A Common Stock 4,720 Direct F3, F9
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,470 -6.2% $0.000000 82,054 15 May 2022 Class A Common Stock 5,470 Direct F3, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004.
F2 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.
F3 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F4 The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 15, 2019, subject to continued service through each vesting date.
F5 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.
F6 The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 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 May 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 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.
F10 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2022, subject to continued service through each vesting date.

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney