Facebook’s initial public offering will make some already wealthy folks a lot deeper pocketed. But some have already cashed out, and now we know who, thanks the registration filed with the Securities and Exchange Commission.
Facebook’s Chief Executive Officer, Mark Zuckerberg, owns far more shares than anyone else at the company, with just over 533.8 million shares.
Co-Founder Dustin Moskovitz has almost 133.8 million shares in the company, but none of the cofounders who’ve left the company appear in the list of the top stakeholders, meaning that Chris Hughes and Eduardo Saverin have pared down their stakes in the company. Ditto for Sean Parker, the company’s former president and currently an investor in Spotify.
The three’s stakes likely were what has sold in the private marketplaces SharesPost and SecondMarket.
Hughes probably put some of the proceeds of his share sale into his startup Jumo, which has merged with Good. Similarly, Saverin has moved money into other technology startups, most notably Qwiki.
Venture capitalist Jim Breyer of Accel Partners owns almost 201.4 million shares in the company. Peter Thiel has just over 44.7 million shares in the company. Marc Andreesen has almost 3.6 million shares.
Goldman Sachs and related parties own more than 65.9 million shares. Entities affiliated with Russia’s Digital Sky Technologies own about 36.7 million shares.
T.Rowe Price has about six million shares, but we don’t see listed another mutual fund that had invested in Facebook, Fidelity Investments, which might mean the company unloaded part or all of its stake, depending on the original size of the investment.
During 2011, the four other top executives at Facebook, received very sizeable awards of options in 2011, as the bottom chart indicates.
Chief Operating Officer Sheryl Sandberg, Chief Financial Officer David Ebersman, Vice President and General Counsel Theodore Ullyot, and Head of Engineering Mike Schroepfer all own more unexercised stock options than shares, for now. That will likely change after the IPO, since the executives’ options all have low execution prices on them.