Facebook Executives, Directors Exercise Restricted Stock Units, Sell Off Shares

WhatsApp co-founder and CEO and Facebook director Jan Koum, vice president of business and marketing partnerships David Fischer, chief technology officer Mike Schroepfer, chief product officer Chris Cox, chief operating officer Sheryl Sandberg, chief financial officer David Wehner, VP and general counsel Colin Stretch, chief accounting officer Jas Athwal and director Susan Desmond-Hellmann reported activities involving restricted stock units and sales of Facebook class-A common shares in Form 4 filings Tuesday with the Securities and Exchange Commission.

WallStreetBull650WhatsApp co-founder and CEO and Facebook director Jan Koum, vice president of business and marketing partnerships David Fischer, chief technology officer Mike Schroepfer, chief product officer Chris Cox, chief operating officer Sheryl Sandberg, chief financial officer David Wehner, VP and general counsel Colin Stretch, chief accounting officer Jas Athwal and director Susan Desmond-Hellmann reported activities involving restricted stock units and sales of Facebook class-A common shares in Form 4 filings Tuesday with the Securities and Exchange Commission.

Koum received 24,853,468 RSUs that are set to expire Nov. 16, 2024, under the terms of Facebook’s acquisition of WhatsApp.

Fischer exercised 117,950 RSUs that were set to expire May 19, 2020. He then sold 54,312 shares of class-A common stock at $74.345 per share, and another 7,235 at $75.224 apiece. He now holds 368,003 Facebook shares.

Schroepfer exercised 86,585 RSUs that were set to expire Aug. 25, 2020, and another 34,122 RSUs that were set to expire May 2, 2022. He then sold 55,586 class-A shares at $74.3444 per share, and another 7,400 at $75.2224 apiece. Schroepfer now holds 321,559 shares of Facebook class-A common stock.

Cox exercised 86,585 RSUs that were set to expire Aug. 25, 2020. He then sold 39,981 shares of class-A common stock in Facebook at $74.3466 each, and another 5,200 at $75.2295, leaving him with a total of 616,255.

Sandberg exercised 43,193 RSUs that were set to expire May 2, 2022. She then sold 19,839 Facebook class-A shares at $74.3442 apiece, and another 2,700 at $75.2309, leaving her with a total of 5,151,781 shares in the company.

Wehner exercised 18,750 RSUs that were set to expire Jan. 14, 2023, and another 5,370 that were set to expire May 5, 2023. He then sold 10,487 shares of class-A common stock at $74.3467 per share, and another 2,100 at $75.2652 each. He now holds 11,533 shares.

Stretch exercised 7,681 RSUs that were set to expire May 2, 2022, and 6,444 RSUs that were set to expire May 5, 2023. He then sold 6,467 shares of Facebook class-A common stock at $74.3459 apiece, 904 at $75.219 and 1,000 at $74.47. Stretch now holds 69,482 Facebook shares.

Athwal exercised 516 RSUs that were set to expire May 2, 2022, and another 4,451 that were set to expire May 5, 2023. He then sold 1,993 class-A shares at $74.3396 each, 600 at $75.2867 and 1,500 at $74.85, leaving him with 124,867.

And Desmond-Hellmann exercised 1,250 RSUs that were set to expire April 12, 2023. She now holds 12,534 Facebook shares.

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