Christopher K. Cox - May 15, 2021 Form 4 Insider Report for Facebook Inc (META)

Role
Chief Product Officer
Signature
/s/ Michael Johnson, attorney-in-fact for Christopher K. Cox
Stock symbol
META
Transactions as of
May 15, 2021
Transactions value $
-$3,452,276
Form type
4
Date filed
5/18/2021, 09:41 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Gift $0 -9.42K -27.21% $0.00 25.2K Apr 9, 2021 Christopher K. Cox 2020 Annuity Trust U/A dtd 1/31/20 F1, F2
transaction META Class A Common Stock Gift $0 +9.42K +8.92% $0.00 115K Apr 9, 2021 Christopher K. Cox Revocable Trust F1, F3
transaction META Class A Common Stock Options Exercise $0 +17.3K +15.06% $0.00 132K May 15, 2021 Christopher K. Cox Revocable Trust F3
transaction META Class A Common Stock Options Exercise $0 +4.72K +3.57% $0.00 137K May 15, 2021 Christopher K. Cox Revocable Trust F3
transaction META Class A Common Stock Tax liability -$3.45M -10.9K -7.97% $315.94 126K May 15, 2021 Christopher K. Cox Revocable Trust F3, F4
holding META Class A Common Stock 51.9K May 15, 2021 Christopher K. Cox 2019 Annuity Trust U/A dtd 11/25/19 F5
holding META Class A Common Stock 49.3K May 15, 2021 Christopher K. Cox 2019 Annuity Trust II U/A dtd 11/25/19 F6

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 -17.3K -7.32% $0.00 219K May 15, 2021 Class A Common Stock 17.3K Direct F7, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4.72K -6.25% $0.00 70.8K May 15, 2021 Class A Common Stock 4.72K Direct F7, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents a transfer of shares that were beneficially owned by the reporting person for the purposes of estate planning and not a sale of securities.
F2 Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2020 Annuity Trust U/A dtd 1/31/20.
F3 Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust.
F4 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.
F5 Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2019 Annuity Trust U/A dtd 11/25/19.
F6 Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2019 Annuity Trust II U/A dtd 11/25/19.
F7 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F8 The RSUs vest as to 1/12th of the total shares on November 15, 2020, and then 1/16th of the total shares vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total shares vesting on August 15, 2024, subject to continued service through each vesting date.
F9 The RSUs quarterly as to 1/16th of the total RSUs, beginning on May 15, 2021, subject to continued service through each vesting date.