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

Role
Chief Legal Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Jennifer Newstead
Stock symbol
META
Transactions as of
May 15, 2022
Transactions value $
-$1,620,938
Form type
4
Date filed
5/17/2022, 09:44 PM
Previous filing
May 12, 2022
Next filing
May 25, 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 +41.34% $0.00 17.2K May 15, 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +3K +17.41% $0.00 20.2K May 15, 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +2.95K +14.59% $0.00 23.2K May 15, 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +5.47K +23.6% $0.00 28.6K May 15, 2022 Direct
transaction META Class A Common Stock Tax liability -$1.62M -8.16K -28.49% $198.62 20.5K May 15, 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 -5.04K -17.65% $0.00 23.5K May 15, 2022 Class A Common Stock 5.04K Direct F2, F3
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -3K -12.5% $0.00 21K May 15, 2022 Class A Common Stock 3K Direct F2, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2.95K -8.33% $0.00 32.5K May 15, 2022 Class A Common Stock 2.95K Direct F2, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5.47K -6.25% $0.00 82.1K May 15, 2022 Class A Common Stock 5.47K 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