Javier Olivan - 15 Aug 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan
Issuer symbol
META
Transactions as of
15 Aug 2022
Net transactions value
-$2,114,377
Form type
4
Filing time
17 Aug 2022, 21:09:01 UTC
Previous filing
11 Aug 2022
Next filing
17 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Conversion of derivative security $0 +7,434 +20% $0.000000 45,011 15 Aug 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5,998 +13% $0.000000 51,009 15 Aug 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4,721 +9.3% $0.000000 55,730 15 Aug 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5,470 +9.8% $0.000000 61,200 15 Aug 2022 Direct
transaction META Class A Common Stock Sale $2,114,377 -11,714 -19% $180.50 49,486 15 Aug 2022 Direct F1
holding META Class A Common Stock 5,400 15 Aug 2022 By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12 F2
holding META Class A Common Stock 8,622 15 Aug 2022 By Olivan D LLC F3
holding META Class A Common Stock 2,999 15 Aug 2022 By Olivan Reinhold D LLC F4
holding META Class A Common Stock 8,622 15 Aug 2022 By Reinhold D LLC F5

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) Conversion of derivative security $0 -7,434 -33% $0.000000 14,869 15 Aug 2022 Class A Common Stock 7,434 Direct F6, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5,998 -14% $0.000000 35,991 15 Aug 2022 Class A Common Stock 5,998 Direct F6, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4,721 -9.1% $0.000000 47,204 15 Aug 2022 Class A Common Stock 4,721 Direct F6, F9
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5,470 -6.7% $0.000000 76,584 15 Aug 2022 Class A Common Stock 5,470 Direct F6, F10
* 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 an open market sale.
F2 Shares held of record by the reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.
F3 Shares held of record by the reporting person, manager of Olivan D LLC.
F4 Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
F5 Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
F6 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F7 The RSUs vest quarterly as to 1/16th of the total RSUs underlying the original grant, 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 RSUs underlying the original grant, beginning on May 15, 2020, subject to continued service through each vesting date.
F9 The RSUs vest quarterly as to 1/16th of the total RSUs underlying the original grant, beginning on May 15, 2021, subject to continued service through each vesting date.
F10 The RSUs vest quarterly as to 1/16th of the total RSUs underlying the original grant, beginning on May 15, 2022, subject to continued service through each vesting date.