Sheryl Sandberg - 15 May 2021 Form 4 Insider Report for Facebook Inc (META)

Role
Chief Operating Officer, Director
Signature
/s/ Michael Johnson, attorney-in-fact for Sheryl Sandberg
Issuer symbol
META
Transactions as of
15 May 2021
Net transactions value
-$10,858,542
Form type
4
Filing time
18 May 2021, 20:59:55 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 +34,364 +2.6% $0.000000 1,344,227 15 May 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +11,244 +0.84% $0.000000 1,355,471 15 May 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +9,426 +0.7% $0.000000 1,364,897 15 May 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +6,848 +0.5% $0.000000 1,371,745 15 May 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Options Exercise $0 +7,434 +0.54% $0.000000 1,379,179 15 May 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1
transaction META Class A Common Stock Tax liability $10,858,542 -34,369 -2.5% $315.94 1,344,810 15 May 2021 By Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004 F1, F2

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 -34,364 -33% $0.000000 68,729 15 May 2021 Class A Common Stock 34,364 Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -11,244 -11% $0.000000 89,945 15 May 2021 Class A Common Stock 11,244 Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -9,426 -14% $0.000000 56,558 15 May 2021 Class A Common Stock 9,426 Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,848 -11% $0.000000 54,783 15 May 2021 Class A Common Stock 6,848 Direct F3, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,434 -12% $0.000000 52,041 15 May 2021 Class A Common Stock 7,434 Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by Sheryl K. Sandberg, Trustee of Sheryl K. Sandberg Revocable Trust UTA dated September 3, 2004.
F2 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.
F3 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F4 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.
F5 The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 15, 2019, 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, 2019, subject to continued service through each vesting date.
F7 The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 15, 2019, subject to continued service through each vesting date.
F8 The RSUs vest quarterly as to 1/16th of the total shares, beginning on May 15, 2019, subject to continued service through each vesting date.