Michael Todd Schroepfer - 15 Feb 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Reporting relationship: Chief Technology Officer
Issuer ticker: META
Reported as of: 15 Feb 2022
Net transaction value: -$3,967,365
SEC form: 4
Accepted by SEC: 17 Feb 2022, 18:58:35 UTC
Prior SEC filing: 14 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Michael Johnson, attorney-in-fact for Michael Schroepfer

Key filing fact

Michael Todd Schroepfer filed Form 4 for Meta Platforms, Inc. (META) on 17 Feb 2022.

Key facts

This page summarizes Michael Todd Schroepfer's Form 4 filing for Meta Platforms, Inc. (META).
11 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 17 Feb 2022, 18:58.

Change

Previous filing in this sequence was filed on 14 Feb 2022.
Current net transaction value: -$3,967,365.

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

Options Exercise

Transaction value: $0
Shares: +8,432
Change %: +1.3%
Price: $0.000000
Shares after: 639,044
Date: 15 Feb 2022
Ownership: Direct

META transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +9,426
Change %: +1.5%
Price: $0.000000
Shares after: 648,470
Date: 15 Feb 2022
Ownership: Direct

META transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +6,848
Change %: +1.1%
Price: $0.000000
Shares after: 655,318
Date: 15 Feb 2022
Ownership: Direct

META transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +7,434
Change %: +1.1%
Price: $0.000000
Shares after: 662,752
Date: 15 Feb 2022
Ownership: Direct

META transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +5,998
Change %: +0.91%
Price: $0.000000
Shares after: 668,750
Date: 15 Feb 2022
Ownership: Direct

META transaction

Class A Common Stock

Tax liability

Transaction value: $3,967,365
Shares: -18,224
Change %: -2.7%
Price: $217.70
Shares after: 650,526
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

META holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 375,860
Date: 15 Feb 2022
Ownership: The HS Trust U/A/D 9/28/2011
Footnotes: F2

META holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 28,244
Date: 15 Feb 2022
Ownership: The Clover Irrevocable Nonexempt Trust U/A/D 6/27/2011
Footnotes: F3

Reported derivative securities

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

META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value: $0
Shares: -8,432
Change %: -12%
Price: $0.000000
Shares after: 59,028
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 8,432
Exercise price
Footnotes: F4, F5

META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value: $0
Shares: -9,426
Change %: -25%
Price: $0.000000
Shares after: 28,279
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 9,426
Exercise price
Footnotes: F4, F6

META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value: $0
Shares: -6,848
Change %: -6.7%
Price: $0.000000
Shares after: 95,871
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 6,848
Exercise price
Footnotes: F4, F7

META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value: $0
Shares: -7,434
Change %: -7.1%
Price: $0.000000
Shares after: 96,647
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 7,434
Exercise price
Footnotes: F4, F8

META transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value: $0
Shares: -5,998
Change %: -6.2%
Price: $0.000000
Shares after: 89,976
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,998
Exercise price
Footnotes: F4, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 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 a sale.

Footnote F2

Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The HS Trust U/A/D 9/28/2011.

Footnote F3

Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The Clover Irrevocable Nonexempt Trust U/A/D 6/27/2011.

Footnote F4

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

Footnote F5

The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2020, subject to continued service through each vesting date.

Footnote F6

The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2019, subject to continued service through each vesting date.

Footnote F7

The RSUs vest quarterly as to 1/16th of the total shares, beginning on November 15, 2021, subject to continued service through each vesting date.

Footnote F8

The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 15, 2021, subject to continued service through each vesting date.

Footnote F9

The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2022, subject to continued service through each vesting date.