David Ebersman, Jas Athwal, David Fischer Exercise Facebook Restricted Stock Units

Facebook Chief Financial Officer David Ebersman, Chief Accounting Officer Jas Athwal, and Chief Marketing Officer David Fischer each outlined their transactions last week involving restricted stock units in separate filings with the Securities and Exchange Commission, with Fischer also reporting the sale of 24,000 class-A Facebook shares, and Athwal doing so for 125 shares.

Ebersman exercised 112,500 RSUs that were set to expire Oct. 25, 2019, and, following the withholding of class-B shares by Facebook to satisfy income tax withholding and remittance obligations, he received 53,797 shares of class-A common stock, giving him a total of 2,307,891.

Athwal received the following RSUs and expiration dates:

  • 6,670, Aug. 25, 2019
  • 42,505 Aug. 25, 2020
  • 41,014 March 24, 2021
  • 6,195 May 2, 2022
  • 71,220 May 5, 2023

Athwal then exercised 7,080 RSUs expiring Aug. 25, 2020, and 516 RSUs expiring May 2, 2022, into the same totals of class-A common stock.

Finally, he sold 125 shares of class-A common stock at $26.92 each, leaving him a total of 173,808 shares.

And Fischer exercised 117,945 RSUs that were set to expire May 19, 2020, and, following the withholding of class-B shares by Facebook to satisfy income tax withholding and remittance obligations, he received 56,401 shares of class-A common stock.

Fischer then sold 12,000 class-A shares at $26.87 each and another 12,000 at $26.92, leaving him with a total of 580,681.

Image courtesy of Shutterstock.

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