From Businessinsider: Facebook just released an SEC filing that contained a whole
bunch of nuggets of information, including the following: Directors Marc Andreessen and Donald Graham
will soon be selling some stock (enough to pay the taxes owed on their stock
grants)
CEO Mark Zuckerberg will not sell any more stock for at
least a year (he sold $1.1 billion at $38 on the IPO)
The company is accelerating the lock-up release for many
employees to October 29. On October 29th, 234 million employee-owned shares
will become available for sale. (That will be an exciting morning.)
The company will withhold 101 million shares of stock (for
tax witholdings) out of a total of 234 million shares that are owed to
employees on October 25. These withheld shares will no longer be considered
"shares outstanding," so the company's fully diluted share count and
free-float will be slightly lower than previously expected….
Wait…wait..there’s more at: http://www.businessinsider.com/facebook-share-buyback-2012-9
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