New Facebook Chief Product Officer Chris Cox Awarded Several Blocks Of Restricted Stock Units

ChrisCox650Newly named Facebook Chief Product Officer Chris Cox‘s new title brought with it a bundle of restricted stock units, he reported in a Form 4 filing Thursday with the Securities and Exchange Commission.

Cox was awarded 28,126 stock options to buy class-B common stock, which expire Aug. 18, 2019. He also received the following RSUs from Facebook:

  • 28,125 expiring Aug. 25, 2019
  • 443,461 expiring Aug. 25, 2019
  • 1,125,600 expiring Aug. 25, 2020
  • 959,233 expiring March 24, 2021
  • 545,957 expiring May 2, 2022
  • 429,553 expiring May 5, 2023
  • 160,360 expiring March 16, 2024

Cox reported in a separate Form 4 filing that he sold 5,435 shares of Facebook class-A common stock at $60.98 per share, and he now holds 574,851 shares in the company.

In addition, the Christopher K. Cox Revocable Trust dated May 29, 2009, holds 144,224 class-A shares of Facebook common stock, and the Christopher K. Cox 2009 Annuity Trust dated May 29, 2009, holds 29,216.

Outgoing Chief Financial Officer David Ebersman also filed a Form 4 Thursday, reporting that he exercised 13,742 RSUs that were set to expire Oct. 25, 2019, leaving him with a total of 321,045 shares of Facebook class-A common stock.

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