Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

closeupready

(29,503 posts)

8. Isn't there a year waiting requirement for Zuckerberg to sell

Reply to Tony_FLADEM (Original post)

Mon May 21, 2012, 12:44 PM

May 2012

his holdings? I believe it's an SEC rule, anyone know?

So in other words, he's worth $19B today, but if the stock ends up at $19/share after a year, he will be worth $9.5B, if he sells at that price.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

18 replies

= new reply since forum marked as read

Highlight:

Facebook is down almost 12% now. [View all] Tony_FLADEM May 2012 OP

I hear Pricilla is already packing her bags! Atman May 2012 #1

Priscilla can take care of herself. TBF May 2012 #5

You really can't believe that can you? former9thward May 2012 #12

Nah, I know - but I'm also tired of folks going off on his wife. TBF May 2012 #14

Eight more days! leveymg May 2012 #2

Oh noes! gratuitous May 2012 #3

LOL! Spazito May 2012 #13

Maybe they can merge with AOL/Time-Warner klook May 2012 #4

They ever shutdown FB for an extended period of time.... Jello Biafra May 2012 #6

GOOD Plucketeer May 2012 #7

Isn't there a year waiting requirement for Zuckerberg to sell closeupready May 2012 #8

the way they value stock worth is vary flawed KurtNYC May 2012 #9

how will he survive? WI_DEM May 2012 #10

Dumb question-- what is the 'business' side of Facebook? Marr May 2012 #11

The "business side" is having people recommend certain products or businesses and the assumption Tony_FLADEM May 2012 #15

I think that's about it TBF May 2012 #16

I suspect they help collect intelligence, though closeupready May 2012 #17

Secret Policemen Around the World Agree: leveymg May 2012 #18