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

Role
Chief Legal Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Jennifer Newstead
Issuer symbol
META
Transactions as of
15 May 2022
Net transactions value
-$1,620,938
Form type
4
Filing time
17 May 2022, 21:44:04 UTC
Previous filing
12 May 2022
Next filing
25 May 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 +5,038 +41% $0.000000 17,225 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +2,999 +17% $0.000000 20,224 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +2,950 +15% $0.000000 23,174 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +5,470 +24% $0.000000 28,644 15 May 2022 Direct
transaction META Class A Common Stock Tax liability $1,620,938 -8,161 -28% $198.62 20,483 15 May 2022 Direct F1

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 -5,038 -18% $0.000000 23,512 15 May 2022 Class A Common Stock 5,038 Direct F2, F3
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2,999 -12% $0.000000 20,995 15 May 2022 Class A Common Stock 2,999 Direct F2, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2,950 -8.3% $0.000000 32,453 15 May 2022 Class A Common Stock 2,950 Direct F2, F5
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 F2, 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 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F3 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.
F4 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.
F5 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.
F6 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