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

Signature
/s/ Michael Johnson, attorney-in-fact for Sheryl Sandberg
Issuer symbol
META
Transactions as of
15 Aug 2021
Net transactions value
-$13,562,231
Form type
4
Filing time
17 Aug 2021, 21:25:08 UTC
Previous filing
18 May 2021
Next filing
17 Nov 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 +34,364 +2.6% $0.000000 1,379,174 15 Aug 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 +11,243 +0.82% $0.000000 1,390,417 15 Aug 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 +9,427 +0.68% $0.000000 1,399,844 15 Aug 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 +6,847 +0.49% $0.000000 1,406,691 15 Aug 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 +7,435 +0.53% $0.000000 1,414,126 15 Aug 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 +5,998 +0.42% $0.000000 1,420,124 15 Aug 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 $13,562,231 -37,343 -2.6% $363.18 1,382,781 15 Aug 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 -50% $0.000000 34,365 15 Aug 2021 Class A Common Stock 34,364 Direct F3, F4
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -11,243 -12% $0.000000 78,702 15 Aug 2021 Class A Common Stock 11,243 Direct F3, F5
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -9,427 -17% $0.000000 47,131 15 Aug 2021 Class A Common Stock 9,427 Direct F3, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6,847 -12% $0.000000 47,936 15 Aug 2021 Class A Common Stock 6,847 Direct F3, F7
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,435 -14% $0.000000 44,606 15 Aug 2021 Class A Common Stock 7,435 Direct F3, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,998 -6.2% $0.000000 89,976 15 Aug 2021 Class A Common Stock 5,998 Direct F3, F9
* 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.
F9 The RSUs vest quarterly as to 1/16th of the total shares, beginning on August 15, 2021, subject to continued service through each vesting date.