Facebook Co-Founder Dustin Moskovitz Controls 4.71% Of Outstanding Shares

DustinMoskovitz650Just one day after Facebook Co-Founder and CEO Mark Zuckerberg filed his Schedule 13G with the Securities and Exchange Commission, revealing that he holds 478,914,465 shares in the company, or 19.6 percent of all outstanding shares, Co-Founder Dustin Moskovitz did the same, revealing that he controls sole voting power over 42,323,109 shares in the company and shared voting power of 53,079,662, giving him control over 4.71 percent of all outstanding shares.

Moskovitz revealed in his Schedule 13G Friday that he controls sole voting power over:

  • 34,925,645 shares of class-A common stock via the Dustin A. Moskovitz Trust dated Dec. 27, 2005.
  • 7,397,464 class-A shares via the Dustin Moskovitz 2008 Annuity Trust dated March 10, 2008.

As for the shares in which voting power is shared:

  • 195,083 class-A shares via The CTF Trust dated Dec. 27, 2012.
  • 3,991,666 shares via Monster Growth Ventures, of which Moskovitz is co-manager.
  • 6,830,855 shares of class-B common stock via the Dustin Moskovitz 2008 Annuity Trust dated March 10, 2008.
  • 42,062,058 class-B shares via the Dustin A. Moskovitz Trust dated Dec. 27, 2005.

The Schedule 13G went on to specify that the class-B shares “are subject to a voting agreement between Mark Zuckerberg, the issuer, and such stockholder, and over which, under all but certain limited circumstances, Mark Zuckerberg holds an irrevocable proxy.”

Related Stories
Mediabistro Course

Content Marketing 101

Content Marketing 101Almost 60% of businesses use some form of content marketing. Starting December 8, get hands-on content marketing training in our online boot camp! Through an interactive series of webcasts, content and marketing experts will teach you how to create, distribute, and measure the success of your brand's content. Register now!