Javier Olivan - Nov 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
Nov 15, 2023
Transactions value $
-$3,640,892
Form type
4
Date filed
11/17/2023, 07:07 PM
Previous filing
Aug 18, 2023
Next filing
Dec 1, 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 +7.24% $0.00 88.9K Nov 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4.72K +5.31% $0.00 93.6K Nov 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5.47K +5.85% $0.00 99K Nov 15, 2023 Direct
transaction META Class A Common Stock Sale -$2.57M -7.63K -7.71% $336.31 91.4K Nov 15, 2023 Direct F1
transaction META Class A Common Stock Options Exercise $0 +6.79K +7.43% $0.00 98.2K Nov 15, 2023 Direct
transaction META Class A Common Stock Tax liability -$1.07M -3.19K -3.25% $336.31 95K Nov 15, 2023 Direct F2
holding META Class A Common Stock 8.62K Nov 15, 2023 By Olivan D LLC F3
holding META Class A Common Stock 3K Nov 15, 2023 By Olivan Reinhold D LLC F4
holding META Class A Common Stock 8.62K Nov 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 -50% $0.00 6K Nov 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 -16.67% $0.00 23.6K Nov 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 -10% $0.00 49.2K Nov 15, 2023 Class A Common Stock 5.47K Direct F6, F9
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.79K -7.14% $0.00 88.3K Nov 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.