Andrew Bosworth - Aug 15, 2022 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Andrew Bosworth
Stock symbol
META
Transactions as of
Aug 15, 2022
Transactions value $
-$8,327,689
Form type
4
Date filed
8/17/2022, 09:03 PM
Previous filing
May 17, 2022
Next filing
Nov 17, 2022

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 +5.48K +198.73% $0.00 8.24K Aug 15, 2022 Direct F1
transaction META Class A Common Stock Conversion of derivative security $0 +7.43K +90.26% $0.00 15.7K Aug 15, 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +6K +38.28% $0.00 21.7K Aug 15, 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4.72K +21.79% $0.00 26.4K Aug 15, 2022 Direct
transaction META Class A Common Stock Sale -$2.12M -11.7K -44.4% $180.50 14.7K Aug 15, 2022 Direct F2
transaction META Class A Common Stock Options Exercise $0 +5.47K +37.28% $0.00 20.1K Aug 15, 2022 Direct
transaction META Class A Common Stock Tax liability -$490K -2.71K -13.47% $180.50 17.4K Aug 15, 2022 Direct F3
transaction META Class A Common Stock Sale -$3.08M -17.4K -100% $176.48 0 Aug 17, 2022 Direct F4
transaction META Class A Common Stock Sale -$2.65M -15K -13.21% $176.48 98.5K Aug 17, 2022 Andrew Bosworth Living Trust F1, F4

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) Conversion of derivative security $0 -5.48K -7.14% $0.00 71.2K Aug 15, 2022 Class A Common Stock 5.48K Direct F5, F6
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -7.43K -33.33% $0.00 14.9K Aug 15, 2022 Class A Common Stock 7.43K Direct F5, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -6K -14.28% $0.00 36K Aug 15, 2022 Class A Common Stock 6K Direct F5, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4.72K -7.14% $0.00 61.4K Aug 15, 2022 Class A Common Stock 4.72K Direct F5, F9
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5.47K -6.67% $0.00 76.6K Aug 15, 2022 Class A Common Stock 5.47K Direct F5, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects changes in form of beneficial ownership for no consideration in transfers exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
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 Restricted Stock Units ("RSUs") and does not represent an open market sale.
F3 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.
F4 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F5 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F6 The RSUs vest quarterly as to 1/20th of the total shares, beginning on February 15, 2021, 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, 2019, 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, 2020, subject to continued service through each vesting date.
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.
F10 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.