Facebook SEC filings: Board of directors chosen, execs offload stock


Facebook has officially decided its eight members of the company’s board of directors, a vote that was taken earlier this week at the company’s inaugural shareholders meeting. It has been a busy week for Facebook executives, some of whom also sold stock this week.

Facebook confirmed, in a recent Securities and Exchange Commission filing, the company’s board of directors:

  • Mark Andreessen
  • Erskine Bowles
  • Susan Desmond-Hellmann
  • Donald Graham
  • Reed Hastings
  • Sheryl Sandberg
  • Peter Thiel
  • Mark Zuckerberg

Several prominent Facebook executives also offloaded or transferred company stock recently.

Sandberg, the company’s Chief Operating Officer, sold 169,756 shares of Facebook stock, earning $3,996,735.26. Sandberg still owns 15,507,638 shares of Facebook stock.

Ted Ullyot, Facebook’s outgoing general counsel, offloaded 34,180 shares, gaining $828,906.02. He still owns 490,222 shares of Facebook stock.

David Fischer, Facebook’s Vice President of Marketing and Business Partnerships, disposed of 24,000 shares worth a total of $578,160. After this transaction, he now owns 556,681 shares.

Jas Athwal, the company’s Chief Accounting Officer, sold 125 shares for a total of $3,020. Athwal now currently owns 174,902 shares of Facebook stock.

Mediabistro Job Fair

Mediabistro Event

Mediabistro Job Fair

Join us on January 27 at the Altman Building in New York City for an incredible opportunity to meet with hiring managers from the top New York media companies, network with other professionals and industry leaders, and land your next job! Register now!


Leave a Reply

Get the latest news in your inbox
interested in advertising with inside facebook?

Social Media Jobs
of the Day

Social Media Manager

Social Media Manager
Santa Monica, CA

Social Media Manager

Honest Tea, Inc.
Bethesda, MD

Product Manager - Community Platform

Maker Media
San Francisco, CA

Featured Company

Join leading companies like this one and recruit from the nation's top media job seekers on the Mediabistro Job Board. Every job post comes with our satisfaction guarantee. Learn More

Our Sponsors

Mediabistro A division of Prometheus Global Media home | site map | advertising/sponsorships | careers | contact us | help courses | browse jobs | freelancers | content | member benefits | reprints & permissions terms of use | privacy policy Copyright © 2014 Mediabistro Inc. call (212) 389-2000 or email us