Facebook Executives, Directors Exercise RSUs, Sell Shares
Seven Facebook executives and directors disclosed their exercising of restricted stock units, resulting conversions of class-B shares in Facebook to class-A common shares, and stock sales in Form 4 filings with the Securities and Exchange Commission Friday.
Seven Facebook executives and directors disclosed their exercising of restricted stock units, resulting conversions of class-B shares in Facebook to class-A common shares, and stock sales in Form 4 filings with the Securities and Exchange Commission Friday.
Chief Financial Officer David Ebersman disclosed in his Form 4 filing that he exercised 112,500 RSUs due Oct. 25, 2019, converting 112,500 class-B shares to class-A. He then sold 56,291 Facebook class-A common shares at $57.9716 each, and he now holds 333,145 shares in the company.
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