Javier Olivan - Feb 15, 2025 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Operating Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan
Stock symbol
META
Transactions as of
Feb 15, 2025
Transactions value $
-$7,207,214
Form type
4
Date filed
2/19/2025, 06:17 PM
Previous filing
Feb 5, 2025
Next filing
Feb 26, 2025
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 Conversion of derivative security $0 +4.72K +30.56% $0.00 20.2K Feb 15, 2025 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5.47K +27.12% $0.00 25.6K Feb 15, 2025 Direct
transaction META Class A Common Stock Sale -$3.47M -4.71K -18.35% $736.67 20.9K Feb 15, 2025 Direct F1
transaction META Class A Common Stock Options Exercise $0 +6.79K +32.44% $0.00 27.7K Feb 15, 2025 Direct
transaction META Class A Common Stock Options Exercise $0 +2.68K +9.66% $0.00 30.4K Feb 15, 2025 Direct
transaction META Class A Common Stock Tax liability -$3.29M -4.47K -14.7% $736.67 25.9K Feb 15, 2025 Direct F2
transaction META Class A Common Stock Sale -$448K -608 -5.8% $736.07 9.88K Feb 18, 2025 Direct F3, F4
holding META Class A Common Stock 8.62K Feb 15, 2025 By Olivan D LLC F5
holding META Class A Common Stock 3K Feb 15, 2025 By Olivan Reinhold D LLC F6
holding META Class A Common Stock 8.62K Feb 15, 2025 By Reinhold D LLC F7
holding META Class A Common Stock 90.5K Feb 15, 2025 By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12 F4, F8

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 -4.72K -100% $0.00 0 Feb 15, 2025 Class A Common Stock 4.72K Direct F9, F10
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5.47K -20% $0.00 21.9K Feb 15, 2025 Class A Common Stock 5.47K Direct F9, F11
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.79K -11.11% $0.00 54.3K Feb 15, 2025 Class A Common Stock 6.79K Direct F9, F12
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -2.68K -7.69% $0.00 32.2K Feb 15, 2025 Class A Common Stock 2.68K Direct F9, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2024.
F4 Reflects a change in form of beneficial ownership for no consideration in a transfer exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
F5 Shares held of record by the reporting person, manager of Olivan D LLC.
F6 Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
F7 Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
F8 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.
F9 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F10 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2021, subject to continued service through each vesting date.
F11 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.
F12 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2023, subject to continued service through each vesting date.
F13 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2024, subject to continued service through each vesting date.