Javier Olivan - 15 Aug 2024 Form 4 Insider Report for Meta Platforms, Inc. (META)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Aug 2024, 18:24:56 UTC
Prior SEC filing
05 Aug 2024
Next SEC filing
27 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan

Key filing fact

Javier Olivan filed Form 4 for Meta Platforms, Inc. (META) on 19 Aug 2024.

Key facts

  • This page summarizes Javier Olivan's Form 4 filing for Meta Platforms, Inc. (META).
  • 11 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 19 Aug 2024, 18:24.

Change

  • Previous filing in this sequence was filed on 05 Aug 2024.
  • Current net transaction value: -$5,255,196.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

META transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+4,721
Change %
+92%
Price
$0.000000
Shares after
9,868
Date
15 Aug 2024
Ownership
Direct
META transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+5,470
Change %
+55%
Price
$0.000000
Shares after
15,338
Date
15 Aug 2024
Ownership
Direct
META transaction

Class A Common Stock

Sale

Transaction value
$2,581,124
Shares
-4,900
Change %
-32%
Price
$526.76
Shares after
10,438
Date
15 Aug 2024
Ownership
Direct
Footnotes
F1
META transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+6,791
Change %
+65%
Price
$0.000000
Shares after
17,229
Date
15 Aug 2024
Ownership
Direct
META transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+2,679
Change %
+16%
Price
$0.000000
Shares after
19,908
Date
15 Aug 2024
Ownership
Direct
META transaction

Class A Common Stock

Tax liability

Transaction value
$2,345,136
Shares
-4,452
Change %
-22%
Price
$526.76
Shares after
15,456
Date
15 Aug 2024
Ownership
Direct
Footnotes
F2
META transaction

Class A Common Stock

Sale

Transaction value
$328,937
Shares
-619
Change %
-4%
Price
$531.40
Shares after
14,837
Date
16 Aug 2024
Ownership
Direct
Footnotes
F3
META holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,622
Date
15 Aug 2024
Ownership
By Olivan D LLC
Footnotes
F4
META holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,999
Date
15 Aug 2024
Ownership
By Olivan Reinhold D LLC
Footnotes
F5
META holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,622
Date
15 Aug 2024
Ownership
By Reinhold D LLC
Footnotes
F6
META holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
75,044
Date
15 Aug 2024
Ownership
By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12
Footnotes
F7

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Conversion of derivative security

Transaction value
$0
Shares
-4,721
Change %
-33%
Price
$0.000000
Shares after
9,441
Date
15 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,721
Exercise price
Footnotes
F8, F9
META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Conversion of derivative security

Transaction value
$0
Shares
-5,470
Change %
-14%
Price
$0.000000
Shares after
32,822
Date
15 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,470
Exercise price
Footnotes
F8, F10
META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-6,791
Change %
-9.1%
Price
$0.000000
Shares after
67,910
Date
15 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,791
Exercise price
Footnotes
F8, F11
META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-2,679
Change %
-6.7%
Price
$0.000000
Shares after
37,512
Date
15 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,679
Exercise price
Footnotes
F8, F12
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 12 footnotes

Footnote 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.

Footnote 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.

Footnote F3

The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2023.

Footnote F4

Shares held of record by the reporting person, manager of Olivan D LLC.

Footnote F5

Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.

Footnote F6

Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.

Footnote F7

Shares held of record by the reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.

Footnote F8

Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.

Footnote F9

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.

Footnote F10

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.

Footnote F11

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.

Footnote F12

The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2024, subject to continued service through each vesting date.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .