Andrew Bosworth - Feb 15, 2023 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
Feb 15, 2023
Transactions value $
-$7,716,560
Form type
4
Date filed
2/17/2023, 06:06 PM
Previous filing
Nov 17, 2022
Next filing
Mar 22, 2023

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 $0.00 5.48K Feb 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +7.44K +135.72% $0.00 12.9K Feb 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +6K +46.45% $0.00 18.9K Feb 15, 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4.72K +24.96% $0.00 23.6K Feb 15, 2023 Direct
transaction META Class A Common Stock Sale -$1.95M -10.9K -46.08% $179.48 12.7K Feb 15, 2023 Direct F1
transaction META Class A Common Stock Options Exercise $0 +5.47K +42.93% $0.00 18.2K Feb 15, 2023 Direct
transaction META Class A Common Stock Tax liability -$487K -2.71K -14.9% $179.48 15.5K Feb 15, 2023 Direct F2
transaction META Class A Common Stock Sale -$2.68M -15.5K -100% $172.96 0 Feb 16, 2023 Direct F3
transaction META Class A Common Stock Sale -$2.59M -15K -17.96% $172.96 68.5K Feb 16, 2023 Andrew Bosworth Living Trust 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) Conversion of derivative security $0 -5.48K -8.33% $0.00 60.3K Feb 15, 2023 Class A Common Stock 5.48K Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -7.44K -100% $0.00* 0 Feb 15, 2023 Class A Common Stock 7.44K Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -6K -20% $0.00 24K Feb 15, 2023 Class A Common Stock 6K Direct F4, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4.72K -8.33% $0.00 51.9K Feb 15, 2023 Class A Common Stock 4.72K Direct F4, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5.47K -7.69% $0.00 65.6K Feb 15, 2023 Class A Common Stock 5.47K Direct F4, F9
* 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 a 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 as to 1/20th of the total RSUs, beginning on February 15, 2021, 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, 2019, 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, 2020, subject to continued service through each vesting date.
F8 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on February 15, 2022, subject to continued service through each vesting date.
F9 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.