Sheryl Sandberg - Jun 15, 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Director
Signature
/s/ Erin Guldiken, attorney-in-fact for Sheryl Sandberg
Stock symbol
META
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 06:23 PM
Previous filing
Jun 2, 2023
Next filing
Aug 23, 2023

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) Award $0 +1.54K $0.00 1.54K Jun 15, 2023 Class A Common Stock 1.54K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F2 The RSUs vest as to 100% of the total RSUs on May 15, 2024; provided, however, in the event that (i) the Issuer's 2024 Annual Meeting of Shareholders is held prior to May 15, 2024; and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2024 Annual Meeting of Shareholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total RSUs shall vest on the date of the 2024 Annual Meeting of Shareholders.