Michael Schroepfer - 15 May 2021 Form 4 Insider Report for Facebook Inc (META)

Role
Chief Technology Officer
Signature
/s/ Michael Johnson, attorney-in-fact for Michael Schroepfer
Issuer symbol
META
Transactions as of
15 May 2021
Transactions value $
-$7,003,442
Form type
4
Filing time
18 May 2021, 21:11:35 UTC
Next filing
17 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +26.8K +4.86% $0.00 579K 15 May 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +8.43K +1.46% $0.00 587K 15 May 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +9.43K +1.6% $0.00 597K 15 May 2021 Direct
transaction META Class A Common Stock Tax liability -$7M -22.2K -3.71% $315.94 575K 15 May 2021 Direct F1
holding META Class A Common Stock 437K 15 May 2021 The HS Trust U/A/D 9/28/2011 F2
holding META Class A Common Stock 28.2K 15 May 2021 The Clover Irrevocable Nonexempt Trust U/A/D 6/27/2011 F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -26.8K -33.33% $0.00 53.7K 15 May 2021 Class A Common Stock 26.8K Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -8.43K -9.09% $0.00 84.3K 15 May 2021 Class A Common Stock 8.43K Direct F4, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -9.43K -14.29% $0.00 56.6K 15 May 2021 Class A Common Stock 9.43K Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent a sale.
F2 Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The HS Trust U/A/D 9/28/2011.
F3 Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The Clover Irrevocable Nonexempt Trust U/A/D 6/27/2011.
F4 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F5 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2018, subject to continued service through each vesting date.
F6 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2020, subject to continued service through each vesting date.
F7 The RSUs vest quarterly as to 1/16th of the total shares, beginning on February 15, 2019, subject to continued service through each vesting date.