Nicholas Clegg - May 15, 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
President, Global Affairs
Signature
/s/ Erin Guldiken, attorney-in-fact for Nicholas Clegg
Stock symbol
META
Transactions as of
May 15, 2022
Transactions value $
-$2,958,745
Form type
4
Date filed
5/17/2022, 09:32 PM
Previous filing
Mar 23, 2022
Next filing
Aug 17, 2022
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 Exercise of in-the-money or at-the-money derivative security $0 +8.2K +108.91% $0.00 15.7K May 15, 2022 Direct
transaction META Class A Common Stock Exercise of in-the-money or at-the-money derivative security $0 +2.19K +13.92% $0.00 17.9K May 15, 2022 Direct
transaction META Class A Common Stock Exercise of in-the-money or at-the-money derivative security $0 +2.36K +13.17% $0.00 20.3K May 15, 2022 Direct
transaction META Class A Common Stock Sale -$1.26M -6.32K -31.18% $198.62 14K May 15, 2022 Direct F1
transaction META Class A Common Stock Options Exercise $0 +4.1K +29.4% $0.00 18.1K May 15, 2022 Direct
transaction META Class A Common Stock Tax liability -$404K -2.03K -11.27% $198.62 16K May 15, 2022 Direct F2
transaction META Class A Common Stock Sale -$1.3M -6.43K -40.1% $202.16 9.6K May 17, 2022 Direct F3

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) Exercise of in-the-money or at-the-money derivative security $0 -8.2K -33.33% $0.00 16.4K May 15, 2022 Class A Common Stock 8.2K Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Exercise of in-the-money or at-the-money derivative security $0 -2.19K -12.5% $0.00 15.3K May 15, 2022 Class A Common Stock 2.19K Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Exercise of in-the-money or at-the-money derivative security $0 -2.36K -8.33% $0.00 26K May 15, 2022 Class A Common Stock 2.36K Direct F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4.1K -6.25% $0.00 61.5K May 15, 2022 Class A Common Stock 4.1K Direct F4, F8
* 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 an open market sale.
F2 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 RSUs and does not represent an open market sale.
F3 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F4 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F5 The RSUs vest quarterly, beginning on February 15, 2019, with 1/64th of the total shares vesting on the first four quarterly vesting dates and 1/12th of the remaining shares vesting quarterly thereafter, subject to continued service through each vesting date.
F6 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2020, subject to continued service through each vesting date.
F7 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2021, subject to continued service through each vesting date.
F8 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2022, subject to continued service through each vesting date.

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney