Sheryl Sandberg, Peter Thiel, Mail.ru Group Involved In Notable Facebook Stock Transactions

Facebook shares were involved in some large transactions in recent days, with moves by Chief Operating Officer Sheryl Sandberg, board member Peter Thiel, and Russian Internet company Mail.ru Group making the news.

Sandberg sold $4.9 million in Facebook shares last week, at prices of between $27.49 and $28.28 apiece, Business Insider reported, citing a Securities and Exchange Commission filing.

Business Insider added that the sale represented about 1 percent of Sandberg’s holdings in the social network, and she still owns some $485 million worth of Facebook shares.

Business Insider also reported that Facebook board member and Andreessen Horowitz Co-Founder Marc Andreessen reported in an SEC filing that he received 15,344 Facebook shares from Founder Fund and Lembas, investment vehicles run by Thiel.

According to Business Insider, it is not clear from the SEC filing whether Founder Fund and Lembas still hold Facebook shares, as it only specifies a distribution to limited partners.

Finally, Bloomberg reported that Mail.ru Group will pay $899 million in special dividends, with investors receiving $4.30 per share as of March 20, after reducing its Facebook stake and exiting investments in Groupon and Zynga.

Related Stories
Mediabistro Course

Marketing with Facebook Insights

Marketing with Facebook InsightsStarting October 2, learn how to use Facebook's analytics tool to track and optimize your marketing efforts! Taught by the group marketing manager of social media at Microsoft/BingAds, Geoffrey Colon will show you how insights works, how to measure key performance indicators, and make your data actionable. Register now!