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

Role
Chief Business Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Marne Levine
Issuer symbol
META
Transactions as of
15 Feb 2023
Net transactions value
-$1,077,598
Form type
4
Filing time
17 Feb 2023, 18:13:12 UTC
Previous filing
09 Feb 2023
Next filing
16 May 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 +3,718 +90% $0.000000 7,854 15 Feb 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +2,999 +38% $0.000000 10,853 15 Feb 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +2,950 +27% $0.000000 13,803 15 Feb 2023 Direct
transaction META Class A Common Stock Sale $712,356 -3,969 -29% $179.48 9,834 15 Feb 2023 Direct F1
transaction META Class A Common Stock Options Exercise $0 +4,103 +42% $0.000000 13,937 15 Feb 2023 Direct
transaction META Class A Common Stock Tax liability $365,242 -2,035 -15% $179.48 11,902 15 Feb 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 -3,718 -100% $0.000000* 0 15 Feb 2023 Class A Common Stock 3,718 Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -2,999 -20% $0.000000 11,997 15 Feb 2023 Class A Common Stock 2,999 Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -2,950 -9.1% $0.000000 29,503 15 Feb 2023 Class A Common Stock 2,950 Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4,103 -7.1% $0.000000 53,335 15 Feb 2023 Class A Common Stock 4,103 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.