Filing Details
- Accession Number:
- 0000950103-24-002456
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-20 18:20:17
- Reporting Period:
- 2024-02-15
- Accepted Time:
- 2024-02-20 18:20:17
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1326801 | Meta Platforms Inc. | META | Services-Computer Programming, Data Processing, Etc. (7370) | 201665019 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1739092 | J Susan Li | C/O Meta Platforms, Inc. 1 Meta Way Menlo Park CA 94025 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-02-15 | 1,487 | $0.00 | 71,244 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 2,399 | $0.00 | 73,643 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 1,500 | $0.00 | 75,143 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 1,180 | $0.00 | 76,323 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 1,888 | $0.00 | 78,211 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 4,103 | $0.00 | 82,314 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Disposition | 2024-02-15 | 5,916 | $473.28 | 76,398 | No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 6,791 | $0.00 | 83,189 | No | 4 | M | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Disposition | 2024-02-15 | 3,367 | $473.28 | 79,822 | No | 4 | F | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 744 | $0.00 | 80,566 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 1,569 | $0.00 | 82,135 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 3,005 | $0.00 | 85,140 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 5,471 | $0.00 | 90,611 | No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Disposition | 2024-02-15 | 5,040 | $473.28 | 85,571 | No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Acquisiton | 2024-02-15 | 6,791 | $0.00 | 92,362 | No | 4 | M | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Disposition | 2024-02-15 | 3,367 | $473.28 | 88,995 | No | 4 | F | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Disposition | 2024-02-16 | 3,014 | $475.41 | 85,981 | No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Disposition | 2024-02-16 | 8,099 | $476.21 | 77,882 | No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Disposition | 2024-02-16 | 4,837 | $477.17 | 73,045 | No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Class A Common Stock | Disposition | 2024-02-16 | 3,288 | $478.16 | 69,757 | No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | M | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | F | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | C | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | M | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | F | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
| No | 4 | S | Indirect | Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 1,487 | $0.00 | 1,487 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 2,399 | $0.00 | 2,399 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 1,500 | $0.00 | 1,500 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 1,180 | $0.00 | 1,180 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 1,888 | $0.00 | 1,888 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 4,103 | $0.00 | 4,103 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 6,791 | $0.00 | 6,791 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 744 | $0.00 | 744 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 1,569 | $0.00 | 1,569 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 3,005 | $0.00 | 3,005 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 5,471 | $0.00 | 5,471 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-02-15 | 6,791 | $0.00 | 6,791 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Direct | ||
| 35,991 | No | 4 | C | Direct | ||
| 0 | No | 4 | C | Direct | ||
| 4,721 | No | 4 | C | Direct | ||
| 35,875 | No | 4 | C | Direct | ||
| 32,822 | No | 4 | C | Direct | ||
| 81,492 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 12,020 | No | 4 | C | Indirect | ||
| 43,762 | No | 4 | C | Indirect | ||
| 81,492 | No | 4 | M | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 14,376 | Indirect | Li-Hegeman Family Foundation |
Footnotes
- 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.
- 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.
- 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.
- 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.
- The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 13, 2023.
- 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.
- 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.
- 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.
- 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.
- 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.
- Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- The Reporting Person disclaims Section 16 beneficial ownership over the securities reported except to the extent of her pecuniary interest therein, if any.
- 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.
- 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.
- 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.
- 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.
Billionaire Hedge Funds
