Susan J. Li - Nov 15, 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Susan J. Li
Stock symbol
META
Transactions as of
Nov 15, 2023
Transactions value $
-$11,655,629
Form type
4
Date filed
11/17/2023, 06:51 PM
Previous filing
Aug 17, 2023
Next filing
Nov 22, 2023

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 +1.49K +1.77% $0.00 85.6K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +2.4K +2.8% $0.00 88K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +1.5K +1.7% $0.00 89.5K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +1.18K +1.32% $0.00 90.7K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +4.1K +4.52% $0.00 94.8K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Sale -$1.78M -5.29K -5.58% $336.31 89.5K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F1
transaction META Class A Common Stock Options Exercise $0 +6.79K +7.59% $0.00 96.3K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Tax liability -$1.13M -3.37K -3.5% $336.31 92.9K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F2
transaction META Class A Common Stock Conversion of derivative security $0 +743 +0.8% $0.00 93.7K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +1.57K +1.67% $0.00 95.2K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +3K +3.15% $0.00 98.2K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +5.47K +5.57% $0.00 104K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Sale -$1.8M -5.35K -5.16% $336.31 98.4K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F3
transaction META Class A Common Stock Options Exercise $0 +6.79K +6.9% $0.00 105K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Tax liability -$1.13M -3.37K -3.2% $336.31 102K Nov 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F4
transaction META Class A Common Stock Sale -$5.81M -17.7K -17.35% $329.10 84.1K Nov 16, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F5

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 -1.49K -50% $0.00 1.49K Nov 15, 2023 Class A Common Stock 1.49K Direct F6, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -2.4K -5.88% $0.00 38.4K Nov 15, 2023 Class A Common Stock 2.4K Direct F6, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -1.5K -50% $0.00 1.5K Nov 15, 2023 Class A Common Stock 1.5K Direct F6, F9
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -1.18K -16.66% $0.00 5.9K Nov 15, 2023 Class A Common Stock 1.18K Direct F6, F10
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4.1K -10% $0.00 36.9K Nov 15, 2023 Class A Common Stock 4.1K Direct F6, F11
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.79K -7.14% $0.00 88.3K Nov 15, 2023 Class A Common Stock 6.79K Direct F6, F12
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -743 -49.97% $0.00 744 Nov 15, 2023 Class A Common Stock 743 By Spouse F6, F13, F14
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -1.57K -50% $0.00 1.57K Nov 15, 2023 Class A Common Stock 1.57K By Spouse F6, F14, F15
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -3K -16.66% $0.00 15K Nov 15, 2023 Class A Common Stock 3K By Spouse F6, F14, F16
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5.47K -10% $0.00 49.2K Nov 15, 2023 Class A Common Stock 5.47K By Spouse F6, F14, F17
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.79K -7.14% $0.00 88.3K Nov 15, 2023 Class A Common Stock 6.79K By Spouse F6, F14, F18
* 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 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 sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 13, 2023.
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 1/20th of the total RSUs, beginning on May 15, 2019, subject to continued service through each vesting date.
F8 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.
F9 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.
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 1/20th of the total RSUs, beginning on May 15, 2019, subject to continued service through each vesting date.
F14 The Reporting Person disclaims Section 16 beneficial ownership over the securities reported except to the extent of her pecuniary interest therein, if any.
F15 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.
F16 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.
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.