Meta Platforms, Inc 8-K, filed Jan 11, 2022
Meta Platforms, Inc. (META)
8-K
2022-01-11
For: 2022-01-10
View Original
Added on
April 07, 2026
About this 8-K
Meta Platforms, Inc filed this 8-K on January 11, 2022, reporting on events of January 10, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 or 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 10, 2022
(Exact name of registrant as specified in its charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices and Zip Code)
(650 ) 543-4800
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | ||||||||
| Emerging growth company | ||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ | |||||||
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 10, 2022, the Board of Directors (the "Board") of Meta Platforms, Inc. (the "Company") elected Tony Xu as a member of the Board, effective January 11, 2022. A copy of the press release announcing the election is attached as Exhibit 99.1 to this report. The Board has determined that Mr. Xu qualifies as an independent director under the corporate governance standards of the Nasdaq Stock Market LLC. As of the time of this filing, the Board has not made a final determination regarding the committees of the Board, if any, to which Mr. Xu will be appointed. Mr. Xu will receive compensation for his service as a non-employee member of the Board as set forth in the Company's Director Compensation Policy.
There are no arrangements or understandings between Mr. Xu and any other person pursuant to which Mr. Xu was selected as a director, and there are no transactions in which the Company is a party and in which Mr. Xu has a material interest subject to disclosure under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Exhibit Title or Description | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
META PLATFORMS, INC. | |||||||||||
| Date: | January 11, 2022 | By: | /s/ Katherine R. Kelly | ||||||||
Name: Katherine R. Kelly | |||||||||||
Title: Vice President, Deputy General Counsel and Secretary | |||||||||||
Exhibit 99.1
Tony Xu Joins Meta Board of Directors
MENLO PARK, Calif., Jan. 11, 2022 - Meta today announced that Tony Xu, co-founder and CEO of DoorDash, Inc., has been elected to the company’s board of directors, effective immediately.
Mark Zuckerberg, founder and CEO of Meta, said, "Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and small businesses. I've always thought it's important to have great tech leaders on our board, and Tony has direct experience both running a tech company and solving complex challenges in commerce. I look forward to learning from his perspective as we build towards the metaverse."
“Millions of local merchants use Meta’s tools to grow and run their businesses every month. I look forward to working with the board as the company enters the next stage of its journey,” said Xu.
Xu has served as Chief Executive Officer and a member of the board of directors of DoorDash, Inc. since May 2013. He was appointed DoorDash’s board chair in November 2020. Xu holds a B.S. in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business.
Meta’s current board members are: Mark Zuckerberg; Peggy Alford, Executive Vice President, Global Sales, PayPal Holdings, Inc.; Marc L. Andreessen, Andreessen Horowitz; Drew Houston, Co-Founder and CEO, Dropbox, Inc.; Nancy Killefer, Retired Senior Partner, McKinsey & Company; Robert M. Kimmitt, Meta’s Lead Independent Director and Senior International Counsel at WilmerHale LLP; Sheryl K. Sandberg, Chief Operating Officer, Meta; Peter A. Thiel, Founders Fund; Tracey T. Travis, Executive Vice President and Chief Financial Officer, The Estée Lauder Companies, Inc.; and Tony Xu, Co-Founder and CEO, DoorDash, Inc.
About Meta
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
Contact
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Ryan Moore
press@fb.com / about.fb.com/news/