Jennifer Newstead - 15 Feb 2025 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Legal Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Jennifer Newstead
Issuer symbol
META
Transactions as of
15 Feb 2025
Net transactions value
-$7,066,323
Form type
4
Filing time
19 Feb 2025, 18:15:35 UTC
Previous filing
13 Feb 2025
Next filing
27 Feb 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 Options Exercise $0 +2,951 +11% $0.000000 30,439 15 Feb 2025 Direct
transaction META Class A Common Stock Options Exercise $0 +5,471 +18% $0.000000 35,910 15 Feb 2025 Direct
transaction META Class A Common Stock Options Exercise $0 +6,791 +19% $0.000000 42,701 15 Feb 2025 Direct
transaction META Class A Common Stock Options Exercise $0 +2,679 +6.3% $0.000000 45,380 15 Feb 2025 Direct
transaction META Class A Common Stock Tax liability $6,388,402 -8,672 -19% $736.67 36,708 15 Feb 2025 Direct F1
transaction META Class A Common Stock Sale $677,920 -921 -2.5% $736.07 35,787 18 Feb 2025 Direct F2

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 -2,951 -100% $0.000000 0 15 Feb 2025 Class A Common Stock 2,951 Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,471 -20% $0.000000 21,881 15 Feb 2025 Class A Common Stock 5,471 Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,791 -11% $0.000000 54,328 15 Feb 2025 Class A Common Stock 6,791 Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2,679 -7.7% $0.000000 32,153 15 Feb 2025 Class A Common Stock 2,679 Direct F3, F7
* 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 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 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2023.
F3 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F4 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.
F5 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.
F6 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.
F7 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.