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

Signature
/s/ Michael Johnson, attorney-in-fact for Christopher K. Cox
Stock symbol
META
Transactions as of
Aug 15, 2021
Transactions value $
-$3,968,468
Form type
4
Date filed
8/17/2021, 09:16 PM
Previous filing
May 18, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Options Exercise $0 +17.3K +13.73% $0.00 143K Aug 15, 2021 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Options Exercise $0 +4.72K +3.29% $0.00 148K Aug 15, 2021 Christopher K. Cox Revocable Trust F1
transaction META Class A Common Stock Tax liability -$3.97M -10.9K -7.38% $363.18 137K Aug 15, 2021 Christopher K. Cox Revocable Trust F1, F2
holding META Class A Common Stock 25.2K Aug 15, 2021 Christopher K. Cox 2020 Annuity Trust U/A dtd 1/31/20 F3
holding META Class A Common Stock 51.9K Aug 15, 2021 Christopher K. Cox 2019 Annuity Trust U/A dtd 11/25/19 F4
holding META Class A Common Stock 49.3K Aug 15, 2021 Christopher K. Cox 2019 Annuity Trust II U/A dtd 11/25/19 F5

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 -7.89% $0.00 202K Aug 15, 2021 Class A Common Stock 17.3K Direct F6, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -4.72K -6.67% $0.00 66.1K Aug 15, 2021 Class A Common Stock 4.72K Direct F6, 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 Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust.
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 Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2020 Annuity Trust U/A dtd 1/31/20.
F4 Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2019 Annuity Trust U/A dtd 11/25/19.
F5 Shares held of record by Christopher K. Cox, Trustee of Christopher K. Cox 2019 Annuity Trust II U/A dtd 11/25/19.
F6 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F7 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.
F8 The RSUs quarterly as to 1/16th of the total RSUs, beginning on May 15, 2021, subject to continued service through each vesting date.