Marne L. Levine - Feb 15, 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Business Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Marne Levine
Stock symbol
META
Transactions as of
Feb 15, 2023
Transactions value $
-$1,077,598
Form type
4
Date filed
2/17/2023, 06:13 PM
Previous filing
Feb 9, 2023
Next filing
May 16, 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 +3.72K +89.89% $0.00 7.85K Feb 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +3K +38.18% $0.00 10.9K Feb 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +2.95K +27.18% $0.00 13.8K Feb 15, 2023 Direct
transaction META Class A Common Stock Sale -$712K -3.97K -28.75% $179.48 9.83K Feb 15, 2023 Direct F1
transaction META Class A Common Stock Options Exercise $0 +4.1K +41.72% $0.00 13.9K Feb 15, 2023 Direct
transaction META Class A Common Stock Tax liability -$365K -2.04K -14.6% $179.48 11.9K Feb 15, 2023 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) Conversion of derivative security $0 -3.72K -100% $0.00* 0 Feb 15, 2023 Class A Common Stock 3.72K Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -3K -20% $0.00 12K Feb 15, 2023 Class A Common Stock 3K Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -2.95K -9.09% $0.00 29.5K Feb 15, 2023 Class A Common Stock 2.95K Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4.1K -7.14% $0.00 53.3K Feb 15, 2023 Class A Common Stock 4.1K 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 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 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F4 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.
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 November 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 August 15, 2022, subject to continued service through each vesting date.