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

Role
Chief Operating Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan
Issuer symbol
META
Transactions as of
15 Nov 2022
Net transactions value
-$1,338,087
Form type
4
Filing time
17 Nov 2022, 20:17:59 UTC
Previous filing
17 Aug 2022
Next filing
17 Feb 2023
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 Conversion of derivative security $0 +7,434 +15% $0.000000 56,920 15 Nov 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5,999 +11% $0.000000 62,919 15 Nov 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4,720 +7.5% $0.000000 67,639 15 Nov 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5,470 +8.1% $0.000000 73,109 15 Nov 2022 Direct
transaction META Class A Common Stock Sale $1,338,087 -11,715 -15% $114.22 66,794 15 Nov 2022 Direct F1, F2
holding META Class A Common Stock 8,622 15 Nov 2022 By Olivan D LLC F3
holding META Class A Common Stock 2,999 15 Nov 2022 By Olivan Reinhold D LLC F4
holding META Class A Common Stock 8,622 15 Nov 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 -50% $0.000000 7,435 15 Nov 2022 Class A Common Stock 7,434 Direct F6, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5,999 -17% $0.000000 29,992 15 Nov 2022 Class A Common Stock 5,999 Direct F6, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4,720 -10% $0.000000 42,484 15 Nov 2022 Class A Common Stock 4,720 Direct F6, F9
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5,470 -7.1% $0.000000 71,114 15 Nov 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 Reflects a change in form of beneficial ownership for no consideration in a transfer exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
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, 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, 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, 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, beginning on May 15, 2022, subject to continued service through each vesting date.