Christopher K. Cox - Aug 15, 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Product Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Christopher K. Cox
Stock symbol
META
Transactions as of
Aug 15, 2023
Transactions value $
-$5,207,680
Form type
4
Date filed
8/17/2023, 06:26 PM
Previous filing
May 17, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +17.3K +5.73% $0.00 319K Aug 15, 2023 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Options Exercise $0 +4.72K +1.48% $0.00 324K Aug 15, 2023 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Options Exercise $0 +5.47K +1.69% $0.00 330K Aug 15, 2023 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Options Exercise $0 +6.79K +2.06% $0.00 336K Aug 15, 2023 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Tax liability -$5.21M -17K -5.06% $306.19 319K Aug 15, 2023 Christopher K. Cox Revocable Trust F1, F2
holding META Class A Common Stock 55K Aug 15, 2023 Cox-Vadakan Irrevocable Remainder Trust 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 Restricted Stock Units (RSU) (Class A) Options Exercise $0 -17.3K -21.43% $0.00 63.5K Aug 15, 2023 Class A Common Stock 17.3K Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4.72K -14.28% $0.00 28.3K Aug 15, 2023 Class A Common Stock 4.72K Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5.47K -9.09% $0.00 54.7K Aug 15, 2023 Class A Common Stock 5.47K Direct F4, F7
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 F4, F8
* 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 Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust.
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 Restricted Stock Units ("RSUs") and does not represent a sale.
F3 Shares held of record by Christopher K. Cox and Visra Vichit-Vadakan, Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust.
F4 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F5 The RSUs vest as to 1/12th of the total RSUs on November 15, 2020, and then 1/16th of the total RSUs vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total RSUs vesting on August 15, 2024, subject to continued service through each vesting date.
F6 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.
F7 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.
F8 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.