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

Role
Chief Operating Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan
Stock symbol
META
Transactions as of
Nov 15, 2022
Transactions value $
-$1,338,087
Form type
4
Date filed
11/17/2022, 08:17 PM
Previous filing
Aug 17, 2022
Next filing
Feb 17, 2023

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 +7.43K +15.02% $0.00 56.9K Nov 15, 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +6K +10.54% $0.00 62.9K Nov 15, 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4.72K +7.5% $0.00 67.6K Nov 15, 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5.47K +8.09% $0.00 73.1K Nov 15, 2022 Direct
transaction META Class A Common Stock Sale -$1.34M -11.7K -14.92% $114.22 66.8K Nov 15, 2022 Direct F1, F2
holding META Class A Common Stock 8.62K Nov 15, 2022 By Olivan D LLC F3
holding META Class A Common Stock 3K Nov 15, 2022 By Olivan Reinhold D LLC F4
holding META Class A Common Stock 8.62K Nov 15, 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 -7.43K -50% $0.00 7.44K Nov 15, 2022 Class A Common Stock 7.43K Direct F6, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -6K -16.67% $0.00 30K Nov 15, 2022 Class A Common Stock 6K Direct F6, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4.72K -10% $0.00 42.5K Nov 15, 2022 Class A Common Stock 4.72K Direct F6, F9
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5.47K -7.14% $0.00 71.1K Nov 15, 2022 Class A Common Stock 5.47K 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.