Facebook's Zuckerberg, Thiel sell shares [View all]
By Laura Mandaro
SAN FRANCISCO (MarketWatch) -- Facebook Inc. FB -8.90% Chief Executive Mark Zuckerberg has sold 30.2 million shares and director Peter Thiel has sold 16.8 million shares of the social-networking company, according to securities filings published late Tuesday. The sales confirm plans detailed in a prospectus before Friday's $16 billion IPO. Zuckerberg sold 30.2 million shares at a price of $37.58 for gross proceeds of $1.13 billion; Thiel sold 16.8 million shares for gross proceeds of $633 million. Facebook insiders had told prospective shareholders of their plans in an S-1 filing last week. Facebook FB -8.90% shares were down 0.8% after hours at $30.74.
http://www.marketwatch.com/story/facebooks-zuckerberg-thiel-sell-shares-2012-05-22
TELL ME WHAT A PUMP AND DUMP LOOKS LIKE........
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