Filing Details
- Accession Number:
- 0000950103-24-006849
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-05-17 20:14:21
- Reporting Period:
- 2024-05-15
- Accepted Time:
- 2024-05-17 20:14:21
- 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 |
|---|---|---|---|---|---|---|---|
| 1564475 | Javier Olivan | C/O Meta Platforms, Inc. 1 Meta Way Menlo Park CA 94025 | Chief Operating 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 | 2024-05-15 | 4,720 | $0.00 | 10,829 | No | 4 | C | Direct | |
| Class A Common Stock | Acquisiton | 2024-05-15 | 5,470 | $0.00 | 16,299 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2024-05-15 | 4,911 | $471.85 | 11,388 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2024-05-15 | 6,791 | $0.00 | 18,179 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-05-15 | 2,679 | $0.00 | 20,858 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-05-15 | 4,452 | $471.85 | 16,406 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2024-05-16 | 618 | $475.00 | 15,788 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
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 | 2024-05-15 | 4,720 | $0.00 | 4,720 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-05-15 | 5,470 | $0.00 | 5,470 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-05-15 | 6,791 | $0.00 | 6,791 | $0.00 |
| Class A Common Stock | Restricted Stock Units (RSU) (Class A) | Disposition | 2024-05-15 | 2,679 | $0.00 | 2,679 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 14,162 | No | 4 | C | Direct | ||
| 38,292 | No | 4 | C | Direct | ||
| 74,701 | No | 4 | M | Direct | ||
| 40,191 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 8,622 | Indirect | By Olivan D LLC |
| Class A Common Stock | 2,999 | Indirect | By Olivan Reinhold D LLC |
| Class A Common Stock | 8,622 | Indirect | By Reinhold D LLC |
| Class A Common Stock | 68,935 | Indirect | By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12 |
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 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 RSUs and does not represent a sale.
- The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2023.
- Shares held of record by the reporting person, manager of Olivan D LLC.
- Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
- Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
- Shares held of record by the reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.
- 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 1/16th 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.
- 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.
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