Mike Schroepfer, David Ebersman Exercise Facebook Restricted Stock Units

By David Cohen 

Facebook Chief Technology Officer Mike Schroepfer and Chief Financial Officer David Ebersman disclosed their Facebook stock transactions in Form 4 filings with the Securities and Exchange Commission Tuesday.

Schroepfer exercised 18,750 restricted stock units that were set to expire Aug. 25, 2019, and, following the withholding of 9,784 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 8,966 shares of class-A common stock, giving him a total of 1,168,909.

Schroepfer then sold 37,500 class-A shares at $23.8775 apiece, leaving him with 1,131,409.

Ebersman exercised 112,500 RSUs that were set to expire Oct. 25, 2019, and, following the withholding of 58,703 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 53,797 shares of class-A common stock, giving him a total of 2,314,888.

Image courtesy of Shutterstock.

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