Christopher K. Cox - 15 Aug 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
Issuer symbol
META
Transactions as of
15 Aug 2023
Net transactions value
-$5,207,680
Form type
4
Filing time
17 Aug 2023, 18:26:55 UTC
Previous filing
17 May 2023
Next filing
17 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +17,318 +5.7% $0.000000 319,418 15 Aug 2023 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Options Exercise $0 +4,720 +1.5% $0.000000 324,138 15 Aug 2023 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Options Exercise $0 +5,470 +1.7% $0.000000 329,608 15 Aug 2023 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Options Exercise $0 +6,791 +2.1% $0.000000 336,399 15 Aug 2023 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Tax liability $5,207,680 -17,008 -5.1% $306.19 319,391 15 Aug 2023 Christopher K. Cox Revocable Trust F1, F2
holding META Class A Common Stock 55,046 15 Aug 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 -17,318 -21% $0.000000 63,496 15 Aug 2023 Class A Common Stock 17,318 Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4,720 -14% $0.000000 28,323 15 Aug 2023 Class A Common Stock 4,720 Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,470 -9.1% $0.000000 54,703 15 Aug 2023 Class A Common Stock 5,470 Direct F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,791 -6.7% $0.000000 95,074 15 Aug 2023 Class A Common Stock 6,791 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.