David M. Wehner - 15 May 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Financial Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for David M. Wehner
Issuer symbol
META
Transactions as of
15 May 2022
Net transactions value
-$2,935,206
Form type
4
Filing time
17 May 2022, 21:44:06 UTC
Previous filing
23 Mar 2022
Next filing
21 Jun 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 +6,848 +17% $0.000000 47,086 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +7,435 +16% $0.000000 54,521 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +5,999 +11% $0.000000 60,520 15 May 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +4,721 +7.8% $0.000000 65,241 15 May 2022 Direct
transaction META Class A Common Stock Tax liability $2,462,689 -12,399 -19% $198.62 52,842 15 May 2022 Direct F1
transaction META Class A Common Stock Exercise of in-the-money or at-the-money derivative security $0 +2,462 +22% $0.000000 13,469 15 May 2022 By Spouse F2
transaction META Class A Common Stock Sale $242,714 -1,222 -9.1% $198.62 12,247 15 May 2022 By Spouse F2, F3
transaction META Class A Common Stock Options Exercise $0 +674 +5.5% $0.000000 12,921 15 May 2022 By Spouse F2
transaction META Class A Common Stock Options Exercise $0 +767 +5.9% $0.000000 13,688 15 May 2022 By Spouse F2
transaction META Class A Common Stock Options Exercise $0 +888 +6.5% $0.000000 14,576 15 May 2022 By Spouse F2
transaction META Class A Common Stock Tax liability $229,803 -1,157 -7.9% $198.62 13,419 15 May 2022 By Spouse 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 -6,848 -14% $0.000000 41,088 15 May 2022 Class A Common Stock 6,848 Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,435 -14% $0.000000 44,606 15 May 2022 Class A Common Stock 7,435 Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,999 -9.1% $0.000000 59,984 15 May 2022 Class A Common Stock 5,999 Direct F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4,721 -7.1% $0.000000 61,365 15 May 2022 Class A Common Stock 4,721 Direct F4, F8
transaction META Restricted Stock Units (RSU) (Class A) Exercise of in-the-money or at-the-money derivative security $0 -2,462 -25% $0.000000 7,389 15 May 2022 Class A Common Stock 2,462 By Spouse F2, F4, F9
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -674 -12% $0.000000 4,725 15 May 2022 Class A Common Stock 674 By Spouse F2, F4, F10
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 By Spouse F2, F4, F11
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 By Spouse F2, F4, F12
* 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 Reporting Person disclaims Section 16 beneficial ownership over the securities reported except to the extent of his pecuniary interest therein, if any.
F3 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 RSUs and does not represent an open market sale.
F4 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F5 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 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 February 15, 2020, subject to continued service through each vesting date.
F7 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2021, subject to continued service through each vesting date.
F8 The RSUs vest quarterly as to 1/16th of the total shares, beginning on November 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 May 15, 2019, 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, 2020, subject to continued service through each vesting date.
F11 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.
F12 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