Jennifer Newstead - 15 Nov 2024 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Jennifer Newstead
Issuer symbol
META
Transactions as of
15 Nov 2024
Net transactions value
-$5,120,564
Form type
4
Filing time
19 Nov 2024, 18:35:42 UTC
Previous filing
07 Nov 2024
Next filing
21 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +2,950 +9.6% $0.000000 33,531 15 Nov 2024 Direct
transaction META Class A Common Stock Options Exercise $0 +5,470 +16% $0.000000 39,001 15 Nov 2024 Direct
transaction META Class A Common Stock Options Exercise $0 +6,791 +17% $0.000000 45,792 15 Nov 2024 Direct
transaction META Class A Common Stock Options Exercise $0 +2,680 +5.9% $0.000000 48,472 15 Nov 2024 Direct
transaction META Class A Common Stock Tax liability $5,120,564 -8,872 -18% $577.16 39,600 15 Nov 2024 Direct F1

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 -2,950 -50% $0.000000 2,951 15 Nov 2024 Class A Common Stock 2,950 Direct F2, F3
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,470 -17% $0.000000 27,352 15 Nov 2024 Class A Common Stock 5,470 Direct F2, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,791 -10% $0.000000 61,119 15 Nov 2024 Class A Common Stock 6,791 Direct F2, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2,680 -7.1% $0.000000 34,832 15 Nov 2024 Class A Common Stock 2,680 Direct F2, F6
* 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 a sale.
F2 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F3 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.
F4 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.
F5 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.
F6 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.