Monday, August 12, 2013

Published 6:15 AM by

Operating Officer of Facebook sold shares for 91 million dollars

Operating Officer of Facebook sold shares for 91 million dollars

 Last week, investors have widely discussed the significant shareholder Facebook event - the company's stock reached for almost half a year of trading in the $ 38 level. It is on this level, they took to the IPO and it is from this level on the second day of trading securities of the company flew down, dropping by half in six months. Obviously, the shareholders were Facebook, who have decided to take profits at the output of the securities in the $ 38 area.

One such investor was Facebook COO Sheryl Sandberg, who on Wednesday this week sold shares for 91 million dollars. All she has sold 2.37 million shares of the company. However, it should be noted that Sandberg is not the first sale of the company. Since May 2012 she has repeatedly sold small stakes. Investors say that now a significant part of its sales of shares held at a price below the IPO. Prior to his current sale stock Sandberg has sold securities to $ 43 million.

According to data released by the Securities and Exchange Commission United States, in the last campaign of the sale of shares was carried out at a price 37,79-38,78 per share. Total for today Sandberg owned about 200 million shares of Facebook. On Friday, trading in shares of Facebook to close at 38.50 dollars per share.
      edit