Andrew Bosworth - 15 Feb 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Technology Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Andrew Bosworth
Issuer symbol
META
Transactions as of
15 Feb 2023
Net transactions value
-$7,716,560
Form type
4
Filing time
17 Feb 2023, 18:06:02 UTC
Previous filing
17 Nov 2022
Next filing
22 Mar 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 +5,478 $0.000000 5,478 15 Feb 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +7,435 +136% $0.000000 12,913 15 Feb 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5,998 +46% $0.000000 18,911 15 Feb 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4,720 +25% $0.000000 23,631 15 Feb 2023 Direct
transaction META Class A Common Stock Sale $1,954,178 -10,888 -46% $179.48 12,743 15 Feb 2023 Direct F1
transaction META Class A Common Stock Options Exercise $0 +5,471 +43% $0.000000 18,214 15 Feb 2023 Direct
transaction META Class A Common Stock Tax liability $486,929 -2,713 -15% $179.48 15,501 15 Feb 2023 Direct F2
transaction META Class A Common Stock Sale $2,681,053 -15,501 -100% $172.96 0 16 Feb 2023 Direct F3
transaction META Class A Common Stock Sale $2,594,400 -15,000 -18% $172.96 68,519 16 Feb 2023 Andrew Bosworth Living Trust F3

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 -5,478 -8.3% $0.000000 60,262 15 Feb 2023 Class A Common Stock 5,478 Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -7,435 -100% $0.000000* 0 15 Feb 2023 Class A Common Stock 7,435 Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5,998 -20% $0.000000 23,994 15 Feb 2023 Class A Common Stock 5,998 Direct F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4,720 -8.3% $0.000000 51,925 15 Feb 2023 Class A Common Stock 4,720 Direct F4, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,471 -7.7% $0.000000 65,643 15 Feb 2023 Class A Common Stock 5,471 Direct F4, F9
* 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 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 a sale.
F3 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
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 1/20th of the total RSUs, beginning on February 15, 2021, 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, 2019, 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, 2020, subject to continued service through each vesting date.
F8 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on February 15, 2022, 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, 2022, subject to continued service through each vesting date.