Mike Schroepfer

Marc Andreessen, Peter Thiel Exchange Oculus VR Shares for Class-B Facebook Shares

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Facebook Directors Marc Andreessen and Peter Thiel received class-B shares in Facebook in exchange for their shares of Oculus VR following the official closing of the social network’s acquisition of the immersive virtual reality technology company earlier this week, and Form 4 filings detailing exercising of restricted stock units and sales of Facebook shares were also filed with the Securities and Exchange Commission Wednesday by Chief Operating Officer Sheryl Sandberg, Chief Product Officer Chris Cox and Chief Technology Officer Mike Schroepfer.

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Facebook Executives, Directors Exercise Restricted Stock Units, Sell Off Shares

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Facebook Chief Operating Officer Sheryl Sandberg, Chief Product Officer Chris Cox, Chief Technology Officer Mike Schroepfer, Vice President and General Counsel Colin Stretch, Chief Accounting Officer Jas Athwal, and Directors Reed Hastings and Erskine Bowles exercised restricted stock units and sold off shares to cover their tax withholding obligations, they reported in Form 4 filings with the Securities and Exchange Commission Wednesday.

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Facebook Officers, Directors Exercise RSUs

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A 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.

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Facebook Executives, Directors Exercise Restricted Stock Units, Sell Off Shares

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Thursday was a big day for Form 4 filings from Facebook executives and board members exercising their restricted stock units, as Chief Financial Officer David Ebersman, Chief Operating Officer Sheryl Sandberg, Chief Technology Officer Mike Schroepfer, Vice President and General Counsel Colin Stretch, Chief Accounting Officer Jas Athwal, and Directors Reed Hastings and Erskine Bowles detailed their trading activities to the Securities and Exchange Commission.

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