Mike Schroepfer Exercises RSUs; Colin Stretch Sells Facebook Shares

WallStreet650Facebook Chief Technology Officer Mike Schroepfer exercised some restricted stock units, while Vice President and General Counsel Colin Stretch sold off some shares, according to Form 4 filings with the Securities and Exchange Commission Tuesday.

Schroepfer exercised 19,615 RSUs that were set to expire Jan. 11, 2019, and, following the withholding of 10,236 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 9,379 shares of class-A common stock. Schroepfer now holds 649,986 shares.

And Stretch sold 2,977 shares of class-A common stock in Facebook at $47.77 each. He now holds 44,835.

Images courtesy of Shutterstock.

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