Thank You, Zuckers. Mark Zuckerberg Left The Table At $37.58
May 23, 2012 7:27 pmWe had been spotted some interesting stats on the Facebook IPO – we have had many questions on facebook’s valuation – we spotted this today –
“Facebook’s CEO has completed a transaction of the 30.2 million shares that he was slotted to sell, according a document filed with the SEC.
He sold the shares at $37.58 a share, netting him more than $1.2 billion. His price was just below the offering price of $38 because the underwriters take a cut. Zuckerberg had planned to sell the stock mainly as a way to pay taxes, according to the company’s S-1 IPO filing.”
Statistics Source: CNet News
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