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Meta Platforms, Inc. — Director's Dealing 2024
Aug 20, 2024
29738_dirs_2024-08-19_51872e7f-404f-4bc4-ab4f-7e1945604595.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Meta Platforms, Inc. (META)
CIK: 0001326801
Period of Report: 2024-08-15
Reporting Person: Newstead Jennifer (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-15 | Class A Common Stock | M | 2950 | — | Acquired | 36274 | Direct |
| 2024-08-15 | Class A Common Stock | M | 5470 | — | Acquired | 41744 | Direct |
| 2024-08-15 | Class A Common Stock | M | 6791 | — | Acquired | 48535 | Direct |
| 2024-08-15 | Class A Common Stock | M | 2679 | — | Acquired | 51214 | Direct |
| 2024-08-15 | Class A Common Stock | F | 8872 | $526.76 | Disposed | 42342 | Direct |
| 2024-08-16 | Class A Common Stock | S | 404 | $531.7148 | Disposed | 41938 | Direct |
| 2024-08-16 | Class A Common Stock | S | 501 | $532.6056 | Disposed | 41437 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 2950 | Disposed | Class A Common Stock (2950) | Direct | |
| 2024-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 5470 | Disposed | Class A Common Stock (5470) | Direct | |
| 2024-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 6791 | Disposed | Class A Common Stock (6791) | Direct | |
| 2024-08-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 2679 | Disposed | Class A Common Stock (2679) | Direct |
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 sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2023.
F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $531.1301 to $532.00 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $532.34 to $533.20 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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, 2021, 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, 2022, 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, 2023, 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, 2024, subject to continued service through each vesting date.