Robert M. Kimmitt - Jun 15, 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Director
Signature
/s/ Erin Guldiken, attorney-in-fact for Robert M. Kimmitt
Stock symbol
META
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 06:25 PM
Previous filing
May 17, 2023
Next filing
Aug 17, 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. The reporting person has deferred the settlement of the RSUs pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors.