Javier Olivan - 15 Feb 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Role
Chief Operating Officer
Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan
Issuer symbol
META
Transactions as of
15 Feb 2023
Net transactions value
-$1,788,877
Form type
4
Filing time
17 Feb 2023, 18:16:31 UTC
Previous filing
17 Nov 2022
Next filing
21 Feb 2023
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 +7,435 +11% $0.000000 74,229 15 Feb 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5,998 +8.1% $0.000000 80,227 15 Feb 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +4,721 +5.9% $0.000000 84,948 15 Feb 2023 Direct
transaction META Class A Common Stock Conversion of derivative security $0 +5,471 +6.4% $0.000000 90,419 15 Feb 2023 Direct
transaction META Class A Common Stock Sale $1,788,877 -9,967 -11% $179.48 80,452 15 Feb 2023 Direct F1
holding META Class A Common Stock 8,622 15 Feb 2023 By Olivan D LLC F2
holding META Class A Common Stock 2,999 15 Feb 2023 By Olivan Reinhold D LLC F3
holding META Class A Common Stock 8,622 15 Feb 2023 By Reinhold D LLC 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 -7,435 -100% $0.000000* 0 15 Feb 2023 Class A Common Stock 7,435 Direct F5, F6
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5,998 -20% $0.000000 23,994 15 Feb 2023 Class A Common Stock 5,998 Direct F5, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4,721 -11% $0.000000 37,763 15 Feb 2023 Class A Common Stock 4,721 Direct F5, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5,471 -7.7% $0.000000 65,643 15 Feb 2023 Class A Common Stock 5,471 Direct F5, 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 Shares held of record by the reporting person, manager of Olivan D LLC.
F3 Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
F4 Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
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 1/16th 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 May 15, 2021, 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.