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Meta Platforms, Inc. — Director's Dealing 2021
Nov 17, 2021
29738_dirs_2021-11-17_fb6ea4bb-29ba-464c-9567-7722dff1ff9e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Meta Platforms, Inc. (FB)
CIK: 0001326801
Period of Report: 2021-11-15
Reporting Person: Wehner David M. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-15 | Class A Common Stock | M | 6848 | — | Acquired | 29369 | Direct |
| 2021-11-15 | Class A Common Stock | M | 7434 | — | Acquired | 36803 | Direct |
| 2021-11-15 | Class A Common Stock | M | 5998 | — | Acquired | 42801 | Direct |
| 2021-11-15 | Class A Common Stock | M | 4720 | — | Acquired | 47521 | Direct |
| 2021-11-15 | Class A Common Stock | F | 12397 | $340.89 | Disposed | 35124 | Direct |
| 2021-11-15 | Class A Common Stock | X | 651 | — | Acquired | 7441 | Indirect |
| 2021-11-15 | Class A Common Stock | X | 2463 | — | Acquired | 9904 | Indirect |
| 2021-11-15 | Class A Common Stock | S | 1545 | $340.89 | Disposed | 8359 | Indirect |
| 2021-11-15 | Class A Common Stock | M | 675 | — | Acquired | 9034 | Indirect |
| 2021-11-15 | Class A Common Stock | M | 767 | — | Acquired | 9801 | Indirect |
| 2021-11-15 | Class A Common Stock | F | 716 | $340.89 | Disposed | 9085 | Indirect |
| 2021-11-17 | Class A Common Stock | S | 8176 | $344.22 | Disposed | 26948 | Direct |
| 2021-11-17 | Class A Common Stock | S | 1431 | $344.22 | Disposed | 7654 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 6848 | Disposed | 2028-03-19 | Class A Common Stock (6848) | Direct |
| 2021-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 7434 | Disposed | 2029-03-19 | Class A Common Stock (7434) | Direct |
| 2021-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 5998 | Disposed | 2030-03-19 | Class A Common Stock (5998) | Direct |
| 2021-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 4720 | Disposed | 2031-03-21 | Class A Common Stock (4720) | Direct |
| 2021-11-15 | Restricted Stock Units (RSU) (Class A) | $ | X | 651 | Disposed | 2028-03-19 | Class A Common Stock (651) | Indirect |
| 2021-11-15 | Restricted Stock Units (RSU) (Class A) | $ | X | 2463 | Disposed | 2029-03-19 | Class A Common Stock (2463) | Indirect |
| 2021-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 675 | Disposed | 2030-03-19 | Class A Common Stock (675) | Indirect |
| 2021-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 767 | Disposed | 2031-03-21 | Class A Common Stock (767) | Indirect |
Footnotes
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 a sale.
F2: The Reporting Person disclaims Section 16 beneficial ownership over the securities reported except to the extent of his pecuniary interest therein, if any.
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: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse.
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 shares, beginning on February 15, 2020, subject to continued service through each vesting date.
F8: The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 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, 2021, subject to continued service through each vesting date.
F10: The RSUs vest quarterly as to 1/16th of the total shares, beginning on November 15, 2021, subject to continued service through each vesting date.
F11: The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2018, subject to continued service through each vesting date.
F12: 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.
F13: 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.
F14: The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2021, subject to continued service through each vesting date.