Mike Schroepfer, David Ebersman Exercise Facebook Restricted Stock Units

Facebook Chief Technology Officer Mike Schroepfer and Chief Financial Officer David Ebersman disclosed their Facebook stock transactions in Form 4 filings with the Securities and Exchange Commission Tuesday.

Schroepfer exercised 18,750 restricted stock units that were set to expire Aug. 25, 2019, and, following the withholding of 9,784 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 8,966 shares of class-A common stock, giving him a total of 1,168,909.

Schroepfer then sold 37,500 class-A shares at $23.8775 apiece, leaving him with 1,131,409.

Ebersman exercised 112,500 RSUs that were set to expire Oct. 25, 2019, and, following the withholding of 58,703 class-A 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 2,314,888.

Image courtesy of Shutterstock.

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