Facebook Officers, Directors Exercise RSUs

WallStreetStreetsign650A host of Facebook officers and directors submitted Form 4 filings to the Securities and Exchange Commission Monday detailing their exercising of restricted stock units and sales of class-A common shares in the company: Chief Operating Officer Sheryl Sandberg, Vice President of Business and Marketing Partnerships David Fischer, outgoing Chief Financial Officer David Ebersman, Chief Product Officer Chris Cox, Chief Technology Officer Mike Schroepfer, VP and General Counsel Colin Stretch, Director Susan Desmond-Hellmann, Chief Accounting Officer Jas Athwal, and Directors Donald Graham, Erskine Bowles, Marc Andreessen, and Peter Thiel.

Sandberg exercised 43,193 RSUs that were set to expire May 2, 2022.

She then sold: 18,700 shares of Facebook class-A common stock at $58.3035 per share; 3,845 at $59.0712 each; 109,968 at $58.1225; and 173,366 at $58.9634. Sandberg now holds 8,155,540 shares in the company.

Fischer exercised 117,950 RSUs that were set to expire May 19, 2020. He then sold 61,547 class-A shares at $57.9818 apiece, leaving him with a total of 435,199 shares of Facebook class-A common stock.

Ebersman exercised 112,500 RSUs that were set to expire Oct. 25, 2019. He then sold 50,600 shares at $58.3288 each, and another 8,115 at $59.1056. Ebersman now holds 351,430 Facebook shares.

Cox exercised 86,585 RSUs that were set to expire Aug. 25, 2020; 9,375 that were set to expire Aug. 25, 2019; and another 9,375 that were set to expire Aug. 18, 2019.

He then sold 43,300 Facebook class-A common shares at $58.33 per share; 6,785 at $59.1209; and 9,375 at $57.84. Cox now holds 620,706 shares.

Schroepfer exercised 18,750 RSUs that were set to expire Aug. 25, 2019. He then sold 9,784 shares at $57.9771 apiece, and donated 40,000 shares of Facebook class-A common stock as a gift to a charitable entity. Schroepfer now holds 182,485 Facebook shares.

Stretch exercised 7,681 RSUs that were set to expire May 2, 2022, and another 6,444 that were set to expire May 5, 2023. He then sold 7,275 class-A shares at $58.8308 each, and another 100 at $59.53, leaving him with a total of 63,328.

Desmond-Hellmann exercised 5,833 RSUs that were set to expire April 12, 2023, and another 7,742 that were set to expire May 14, 2023. She now holds 13,575 Facebook shares.

Athwal exercised 7,085 RSUs that were set to expire Aug. 25, 2020; 516 that were set to expire May 2, 2022; and 4,451 that were set to expire May 5, 2023.

He then sold 6,290 Facebook class-A common shares at $57.9804 per share, and he now holds 135,166 shares in the company.

Graham exercised 7,742 RSUs that were set to expire May 14, 2023, and he now holds 643,783 shares of Facebook class-A common stock.

Bowles exercised 7,742 RSUs that were set to expire May 14, 2023, and he now holds 20,658 Facebook shares.

Andreessen exercised 7,742 RSUs that were set to expire May 14, 2023, and he now holds 7,742 shares in the company.

And Thiel exercised 7,742 RSUs that were set to expire May 14, 2023, and donated 7,742 shares of Facebook class-A common stock as a gift to a charitable entity. He now holds 3,745.

Images courtesy of Shutterstock.

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