Jennifer Newstead - Nov 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
Nov 15, 2022
Transactions value $
-$971,385
Form type
4
Date filed
11/17/2022, 08:16 PM
Previous filing
Nov 10, 2022
Next filing
Nov 23, 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 +25.29% $0.00 25K Nov 15, 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +3K +12.02% $0.00 28K Nov 15, 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +2.95K +10.55% $0.00 30.9K Nov 15, 2022 Direct
transaction META Class A Common Stock Options Exercise $0 +5.47K +17.7% $0.00 36.4K Nov 15, 2022 Direct
transaction META Class A Common Stock Tax liability -$932K -8.16K -22.44% $114.22 28.2K Nov 15, 2022 Direct F1
transaction META Class A Common Stock Sale -$39.1K -342 -1.21% $114.39 27.9K Nov 16, 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 -5.04K -27.27% $0.00 13.4K Nov 15, 2022 Class A Common Stock 5.04K Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -3K -16.67% $0.00 15K Nov 15, 2022 Class A Common Stock 3K Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2.95K -10% $0.00 26.6K Nov 15, 2022 Class A Common Stock 2.95K Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5.47K -7.14% $0.00 71.1K Nov 15, 2022 Class A Common Stock 5.47K 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 sale reported was 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 as to 1/12th of the total RSUs on November 15, 2019, and then 1/16th of the total RSUs vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total RSUs vesting on August 15, 2023, subject to continued service through each vesting date.
F5 The RSUs vest quarterly as to 1/16th of the total RSUs, 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 RSUs, 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 RSUs, beginning on May 15, 2022, subject to continued service through each vesting date.