Susan J.s. Taylor - 15 May 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Susan Taylor
Issuer symbol
META
Transactions as of
15 May 2022
Net transactions value
-$652,925
Form type
4
Filing time
17 May 2022, 21:42:18 UTC
Previous filing
23 Mar 2022
Next filing
17 Jun 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 +930 +80% $0.000000 2,088 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +1,124 +54% $0.000000 3,212 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +767 +24% $0.000000 3,979 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +888 +22% $0.000000 4,867 15 May 2022 Direct
transaction META Class A Common Stock Tax liability $365,858 -1,842 -38% $198.62 3,025 15 May 2022 Direct F1
transaction META Class A Common Stock Sale $287,067 -1,420 -47% $202.16 1,605 17 May 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 -930 -25% $0.000000 2,788 15 May 2022 Class A Common Stock 930 Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -1,124 -12% $0.000000 7,874 15 May 2022 Class A Common Stock 1,124 Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -767 -8.3% $0.000000 8,438 15 May 2022 Class A Common Stock 767 Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -888 -6.2% $0.000000 13,335 15 May 2022 Class A Common Stock 888 Direct F3, F7
* 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 vest quarterly as to 1/16th of the total shares, beginning on May 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 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.
F7 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