Michael Todd Schroepfer - 15 Aug 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 Aug 2021
Net transactions value
-$9,388,929
Form type
4
Filing time
17 Aug 2021, 21:50:39 UTC
Previous filing
18 May 2021
Next filing
17 Nov 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 Gift $0 -19,500 -4.5% $0.000000 417,625 25 May 2021 The HS Trust U/A/D 9/28/2011 F1, F2
transaction META Class A Common Stock Options Exercise $0 +26,847 +4.7% $0.000000 601,432 15 Aug 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +8,432 +1.4% $0.000000 609,864 15 Aug 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +9,427 +1.5% $0.000000 619,291 15 Aug 2021 Direct
transaction META Class A Common Stock Options Exercise $0 +7,434 +1.2% $0.000000 626,725 15 Aug 2021 Direct
transaction META Class A Common Stock Tax liability $9,388,929 -25,852 -4.1% $363.18 600,873 15 Aug 2021 Direct F3
holding META Class A Common Stock 28,244 15 Aug 2021 The Clover Irrevocable Nonexempt Trust U/A/D 6/27/2011 F4

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 -50% $0.000000 26,848 15 Aug 2021 Class A Common Stock 26,847 Direct F5, F6
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -8,432 -10% $0.000000 75,893 15 Aug 2021 Class A Common Stock 8,432 Direct F5, F7
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 F5, F8
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -7,434 -6.2% $0.000000 111,515 15 Aug 2021 Class A Common Stock 7,434 Direct F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock that the reporting person donated as a gift to a charitable entity.
F2 Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The HS Trust U/A/D 9/28/2011.
F3 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.
F4 Shares held of record by Michael Schroepfer and Erin Hoffmann, Co-Trustees of The Clover Irrevocable Nonexempt Trust U/A/D 6/27/2011.
F5 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F6 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.
F7 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.
F8 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.
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.