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

Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan
Issuer symbol
META
Transactions as of
15 Aug 2022
Transactions value $
-$2,114,377
Form type
4
Filing time
17 Aug 2022, 21:09:01 UTC
Previous filing
11 Aug 2022
Next filing
17 Nov 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 +7.43K +19.78% $0.00 45K 15 Aug 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +6K +13.33% $0.00 51K 15 Aug 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4.72K +9.26% $0.00 55.7K 15 Aug 2022 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5.47K +9.82% $0.00 61.2K 15 Aug 2022 Direct
transaction META Class A Common Stock Sale -$2.11M -11.7K -19.14% $180.50 49.5K 15 Aug 2022 Direct F1
holding META Class A Common Stock 5.4K 15 Aug 2022 By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12 F2
holding META Class A Common Stock 8.62K 15 Aug 2022 By Olivan D LLC F3
holding META Class A Common Stock 3K 15 Aug 2022 By Olivan Reinhold D LLC F4
holding META Class A Common Stock 8.62K 15 Aug 2022 By Reinhold D LLC F5

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 -7.43K -33.33% $0.00 14.9K 15 Aug 2022 Class A Common Stock 7.43K Direct F6, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -6K -14.28% $0.00 36K 15 Aug 2022 Class A Common Stock 6K Direct F6, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4.72K -9.09% $0.00 47.2K 15 Aug 2022 Class A Common Stock 4.72K Direct F6, F9
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5.47K -6.67% $0.00 76.6K 15 Aug 2022 Class A Common Stock 5.47K Direct F6, F10
* 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 Shares held of record by the reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.
F3 Shares held of record by the reporting person, manager of Olivan D LLC.
F4 Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
F5 Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
F6 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F7 The RSUs vest quarterly as to 1/16th of the total RSUs underlying the original grant, 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 RSUs underlying the original grant, 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 RSUs underlying the original grant, beginning on May 15, 2021, subject to continued service through each vesting date.
F10 The RSUs vest quarterly as to 1/16th of the total RSUs underlying the original grant, beginning on May 15, 2022, subject to continued service through each vesting date.