Javier Olivan - Aug 15, 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Operating Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan
Stock symbol
META
Transactions as of
Aug 15, 2023
Transactions value $
-$3,315,425
Form type
4
Date filed
8/17/2023, 06:22 PM
Previous filing
May 19, 2023
Next filing
Aug 18, 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 +6K +8% $0.00 81K Aug 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4.72K +5.83% $0.00 85.7K Aug 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5.47K +6.38% $0.00 91.2K Aug 15, 2023 Direct
transaction META Class A Common Stock Sale -$2.34M -7.64K -8.38% $306.19 83.5K Aug 15, 2023 Direct F1
transaction META Class A Common Stock Options Exercise $0 +6.79K +8.13% $0.00 90.3K Aug 15, 2023 Direct
transaction META Class A Common Stock Tax liability -$977K -3.19K -3.53% $306.19 87.1K Aug 15, 2023 Direct F2
holding META Class A Common Stock 8.62K Aug 15, 2023 By Olivan D LLC F3
holding META Class A Common Stock 3K Aug 15, 2023 By Olivan Reinhold D LLC F4
holding META Class A Common Stock 8.62K Aug 15, 2023 By Reinhold D LLC F5

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 -6K -33.34% $0.00 12K Aug 15, 2023 Class A Common Stock 6K Direct F6, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4.72K -14.28% $0.00 28.3K Aug 15, 2023 Class A Common Stock 4.72K Direct F6, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5.47K -9.09% $0.00 54.7K Aug 15, 2023 Class A Common Stock 5.47K Direct F6, F9
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.79K -6.67% $0.00 95.1K Aug 15, 2023 Class A Common Stock 6.79K Direct F6, F10
* 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 Shares held of record by the reporting person, manager of Olivan D LLC.
F4 Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
F5 Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
F6 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F7 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.
F8 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2021, subject to continued service through each vesting date.
F9 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2022, subject to continued service through each vesting date.
F10 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2023, subject to continued service through each vesting date.