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Meta Platforms, Inc. — Director's Dealing 2024
Feb 21, 2024
29738_dirs_2024-02-20_48e3450c-d82c-44bd-a61e-2176d184aa88.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: 2024-02-15
Reporting Person: LI SUSAN J (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-15 | Class A Common Stock | C | 1487 | — | Acquired | 71244 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 2399 | — | Acquired | 73643 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 1500 | — | Acquired | 75143 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 1180 | — | Acquired | 76323 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 1888 | — | Acquired | 78211 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 4103 | — | Acquired | 82314 | Indirect |
| 2024-02-15 | Class A Common Stock | S | 5916 | $473.28 | Disposed | 76398 | Indirect |
| 2024-02-15 | Class A Common Stock | M | 6791 | — | Acquired | 83189 | Indirect |
| 2024-02-15 | Class A Common Stock | F | 3367 | $473.28 | Disposed | 79822 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 744 | — | Acquired | 80566 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 1569 | — | Acquired | 82135 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 3005 | — | Acquired | 85140 | Indirect |
| 2024-02-15 | Class A Common Stock | C | 5471 | — | Acquired | 90611 | Indirect |
| 2024-02-15 | Class A Common Stock | S | 5040 | $473.28 | Disposed | 85571 | Indirect |
| 2024-02-15 | Class A Common Stock | M | 6791 | — | Acquired | 92362 | Indirect |
| 2024-02-15 | Class A Common Stock | F | 3367 | $473.28 | Disposed | 88995 | Indirect |
| 2024-02-16 | Class A Common Stock | S | 3014 | $475.4079 | Disposed | 85981 | Indirect |
| 2024-02-16 | Class A Common Stock | S | 8099 | $476.2095 | Disposed | 77882 | Indirect |
| 2024-02-16 | Class A Common Stock | S | 4837 | $477.1698 | Disposed | 73045 | Indirect |
| 2024-02-16 | Class A Common Stock | S | 3288 | $478.1597 | Disposed | 69757 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 1487 | Disposed | Class A Common Stock (1487) | Direct | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 2399 | Disposed | Class A Common Stock (2399) | Direct | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 1500 | Disposed | Class A Common Stock (1500) | Direct | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 1180 | Disposed | Class A Common Stock (1180) | Direct | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 1888 | Disposed | Class A Common Stock (1888) | Direct | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 4103 | Disposed | Class A Common Stock (4103) | Direct | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 6791 | Disposed | Class A Common Stock (6791) | Direct | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 744 | Disposed | Class A Common Stock (744) | Indirect | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 1569 | Disposed | Class A Common Stock (1569) | Indirect | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 3005 | Disposed | Class A Common Stock (3005) | Indirect | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | C | 5471 | Disposed | Class A Common Stock (5471) | Indirect | |
| 2024-02-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 6791 | Disposed | Class A Common Stock (6791) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 14376 | 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 Reporting Person's 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 Reporting Person's RSUs and does not represent a sale.
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 Reporting Person's spouse's RSUs and does not represent an open market sale.
F4: 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 Reporting Person's spouse's RSUs and does not represent a sale.
F5: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 13, 2023.
F6: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $474.72 to $475.70 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.
F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $475.72 to $476.71 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.
F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $476.72 to $477.70 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.
F9: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $477.77 to $478.60 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.
F10: Shares held of record by the Li-Hegeman Family Foundation (the "Foundation"). The reporting person is deemed to have voting and investment power over the shares held by the Foundation, but has no pecuniary interest in these shares.
F11: Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F12: The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on May 15, 2019, subject to continued service through each vesting date.
F13: The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on February 15, 2023, subject to continued service through each vesting date.
F14: 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.
F15: 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.
F16: The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on February 15, 2024, subject to continued service through each vesting date.
F17: 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.
F18: 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.
F19: The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on May 15, 2019, subject to continued service through each vesting date.
F20: The Reporting Person disclaims Section 16 beneficial ownership over the securities reported except to the extent of her pecuniary interest therein, if any.
F21: 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.
F22: 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.
F23: 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.
F24: 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.