Michael Todd 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
Net 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 +26,847 +4.9% $0.000000 578,893 15 May 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +8,433 +1.5% $0.000000 587,326 15 May 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +9,426 +1.6% $0.000000 596,752 15 May 2021 Direct
transaction META Class A Common Stock Tax liability $7,003,442 -22,167 -3.7% $315.94 574,585 15 May 2021 Direct F1
holding META Class A Common Stock 437,125 15 May 2021 The HS Trust U/A/D 9/28/2011 F2
holding META Class A Common Stock 28,244 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 -26,847 -33% $0.000000 53,695 15 May 2021 Class A Common Stock 26,847 Direct F4, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -8,433 -9.1% $0.000000 84,325 15 May 2021 Class A Common Stock 8,433 Direct F4, F6
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 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.