Mark Zuckerberg - Aug 30, 2024 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Mark Zuckerberg
Stock symbol
META
Transactions as of
Aug 30, 2024
Transactions value $
-$2,548,581
Form type
4
Date filed
9/3/2024, 08:40 PM
Previous filing
Sep 3, 2024
Next filing
Oct 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Sale -$224K -434 -0.08% $516.42 523K Aug 30, 2024 By Chan Zuckerberg Initiative Foundation F1, F2, F3
transaction META Class A Common Stock Sale -$521K -1.01K -0.19% $517.49 522K Aug 30, 2024 By Chan Zuckerberg Initiative Foundation F1, F3, F4
transaction META Class A Common Stock Sale -$326K -629 -0.12% $518.09 522K Aug 30, 2024 By Chan Zuckerberg Initiative Foundation F1, F3, F5
transaction META Class A Common Stock Sale -$426K -821 -0.16% $519.22 521K Aug 30, 2024 By Chan Zuckerberg Initiative Foundation F1, F3, F6
transaction META Class A Common Stock Sale -$512K -983 -0.19% $520.39 520K Aug 30, 2024 By Chan Zuckerberg Initiative Foundation F1, F3, F7
transaction META Class A Common Stock Sale -$422K -810 -0.16% $521.11 519K Aug 30, 2024 By Chan Zuckerberg Initiative Foundation F1, F3, F8
transaction META Class A Common Stock Sale -$118K -225 -0.04% $522.41 519K Aug 30, 2024 By Chan Zuckerberg Initiative Foundation F1, F3, F9

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
holding META Class B Common Stock 244M Aug 30, 2024 Class A Common Stock 244M By CZI Holdings, LLC F10, F11
holding META Class B Common Stock 3.39M Aug 30, 2024 Class A Common Stock 3.39M By Mark Zuckerberg, Trustee Of The Mark Zuckerberg Trust Dated July 7, 2006 F10, F12
holding META Class B Common Stock 34.3M Aug 30, 2024 Class A Common Stock 34.3M By Chan Zuckerberg Holdings, LLC F10, F13
holding META Class B Common Stock 12M Aug 30, 2024 Class A Common Stock 12M By CZI Holdings I, LLC F10, F14
holding META Class B Common Stock 50M Aug 30, 2024 Class A Common Stock 50M By Chan Zuckerberg Holdings II, LLC F10, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2024.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $515.78 to $516.71 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $516.80 to $517.70 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $517.81 to $518.42 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $518.84 to $519.77 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $519.9025 to $520.71 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $520.82 to $521.78 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $521.83 to $522.59 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date.
F11 Shares held of record by CZI Holdings, LLC ("CZI"). Mark Zuckerberg, Trustee of the Mark Zuckerberg Trust dated July 7, 2006 ("2006 Trust"), is the sole member of CZI. The reporting person is the sole trustee of the 2006 Trust and, therefore, is deemed to have sole voting and investment power over the securities held by CZI.
F12 Shares held of record by Mark Zuckerberg, Trustee of the 2006 Trust.
F13 Shares held of record by Chan Zuckerberg Holdings, LLC ("CZ Holdings"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings.
F14 Shares held of record by CZI Holdings I, LLC ("CZI I"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZI I.
F15 Shares held of record by Chan Zuckerberg Holdings II, LLC ("CZ Holdings II"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings II.