Mark Zuckerberg - Aug 7, 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
COB and CEO, Director, 10%+ Owner
Signature
/s/ Erin Guldiken, attorney-in-fact for Mark Zuckerberg
Stock symbol
META
Transactions as of
Aug 7, 2023
Transactions value $
$0
Form type
4
Date filed
8/9/2023, 08:23 PM
Previous filing
Nov 10, 2021
Next filing
Nov 3, 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 +320K $0.00 320K Aug 7, 2023 By CZI Holdings, LLC F1
transaction META Class A Common Stock Gift $0 -320K -100% $0.00* 0 Aug 7, 2023 By CZI Holdings, LLC F1
transaction META Class A Common Stock Gift $0 +320K +137.69% $0.00 552K Aug 7, 2023 By Chan Zuckerberg Initiative Advocacy F2
holding META Class A Common Stock 599K Aug 7, 2023 By Chan Zuckerberg Initiative Foundation 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 Class B Common Stock Conversion of derivative security $0 -320K -0.1% $0.00 309M Aug 7, 2023 Class A Common Stock 320K By CZI Holdings, LLC F1, F4, F5
holding META Class B Common Stock 4.39M Aug 7, 2023 Class A Common Stock 4.39M By Mark Zuckerberg, Trustee Of The Mark Zuckerberg Trust Dated July 7, 2006 F4, F6
holding META Class B Common Stock 1.91M Aug 7, 2023 Class A Common Stock 1.91M By Chan Zuckerberg Initiative Foundation F3, F4
holding META Class B Common Stock 34.3M Aug 7, 2023 Class A Common Stock 34.3M By Chan Zuckerberg Holdings LLC F4, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by CZI Holdings, LLC ("CZI"). Mark Zuckerberg, Trustee of the Mark Zuckerberg Trust dated July 7, 2006 ("2006 Trust"), is the sole member of CZI. The reporting person is the sole trustee of the 2006 Trust and, therefore, is deemed to have sole voting and investment power over the securities held by CZI.
F2 Shares held of record by Chan Zuckerberg Initiative Advocacy ("CZI Advocacy"). The reporting person is deemed to have voting and investment power over the shares held by CZI Advocacy, but has no pecuniary interest in these shares.
F3 Shares held of record by the Chan Zuckerberg Initiative Foundation ("CZI Foundation"). The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares.
F4 The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date.
F5 Reflects a change in form of beneficial ownership since the last filing for no consideration in a transfer exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
F6 Shares held of record by Mark Zuckerberg, Trustee of the 2006 Trust.
F7 Shares held of record by Chan Zuckerberg Holdings LLC ("CZ Holdings"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings.

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney