Mark Zuckerberg - 27 Dec 2024 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
COB and CEO, Director, 10%+ Owner
Signature
/s/ Erin Guldiken, attorney-in-fact for Mark Zuckerberg
Issuer symbol
META
Transactions as of
27 Dec 2024
Net transactions value
-$1,387,075
Form type
4
Filing time
30 Dec 2024, 18:12:16 UTC
Previous filing
30 Dec 2024
Next filing
06 Jan 2025
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 Conversion of derivative security $0 +1,439 $0.000000 1,439 27 Dec 2024 By CZI Holdings, LLC F1
transaction META Class A Common Stock Sale $743,498 -1,239 -86% $600.08 200 27 Dec 2024 By CZI Holdings, LLC F1, F2, F3
transaction META Class A Common Stock Sale $120,230 -200 -100% $601.15 0 27 Dec 2024 By CZI Holdings, LLC F1, F2, F4
transaction META Class A Common Stock Sale $463,200 -772 -0.17% $600.00 448,663 27 Dec 2024 By Chan Zuckerberg Initiative Foundation F5, F6
transaction META Class A Common Stock Sale $60,147 -100 -0.02% $601.47 448,563 27 Dec 2024 By Chan Zuckerberg Initiative Foundation F5, F6

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 Class B Common Stock Conversion of derivative security $0 -1,439 -0% $0.000000 193,669,670 27 Dec 2024 Class A Common Stock 1,439 By CZI Holdings, LLC F1, F7
holding META Class B Common Stock 3,388,197 27 Dec 2024 Class A Common Stock 3,388,197 By Mark Zuckerberg, Trustee Of The Mark Zuckerberg Trust Dated July 7, 2006 F7, F8
holding META Class B Common Stock 34,344,500 27 Dec 2024 Class A Common Stock 34,344,500 By Chan Zuckerberg Holdings, LLC F7, F9
holding META Class B Common Stock 12,000,000 27 Dec 2024 Class A Common Stock 12,000,000 By CZI Holdings I, LLC F7, F10
holding META Class B Common Stock 50,000,000 27 Dec 2024 Class A Common Stock 50,000,000 By Chan Zuckerberg Holdings II, LLC F7, F11
holding META Class B Common Stock 50,000,000 27 Dec 2024 Class A Common Stock 50,000,000 By Chan Zuckerberg Holdings III, LLC F7, F12
* 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 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.
F2 The sales reported were effected by CZI pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.865 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.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.10 to $601.20 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 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 August 9, 2024.
F6 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.
F7 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.
F8 Shares held of record by Mark Zuckerberg, Trustee of the 2006 Trust.
F9 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.
F10 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.
F11 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.
F12 Shares held of record by Chan Zuckerberg Holdings III, LLC ("CZ Holdings III"), 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 III.