Facebook Director Marc Andreessen revealed in a Form 4 filing with the Securities and Exchange Commission that his Andreessen Horowitz Fund II sold off all of its 1,274,869 class-A common shares in Facebook.
Mark Zuckerberg, Marc Andreessen Detail Facebook Secondary Offering Stock Sales; David Ebersman Sells 23.4K Shares
Facebook Co-Founder and CEO Mark Zuckerberg and Director Marc Andreessen detailed their sales of Facebook shares as part of the company’s secondary offering in Form 4 filings with the Securities and Exchange Commission, while Chief Financial Officer David Ebersman sold off some shares in two transactions that were unrelated to the secondary offering.
Facebook Director Marc Andreessen shed substantial blocks of stock in the company, and Vice President of Business and Marketing Partnerships David Fischer also unloaded some shares, according to Form 4 filings with the Securities and Exchange Commission Friday.
The cover of the Oct. 28 issue of Fortune features a look at “The Real Story” behind Facebook Chief Operating Officer Sheryl Sandberg, and in the magazine’s profile, Facebook board member Marc Andreessen discusses how “Sheryl” has become a job title.
Facebook Director Marc Andreessen revealed in a Form 4 filing Friday with the Securities and Exchange Commission that the Andreessen 1996 Living Trust received Facebook class-A common shares from Benchmark Founders’ Fund IV.
Facebook Stock Activity: Sheryl Sandberg, Colin Stretch, Marc Andreessen, Mark Zuckerberg, Mike Schroepfer
Facebook’s top executives kept the Securities and Exchange Commission busy Wednesday evening, as Form 4 filings detailing trading activity in the company’s stock were filed by Chief Operating Officer Sheryl Sandberg, Vice President and General Counsel Colin Stretch, Director Marc Andreessen, Co-Founder and CEO Mark Zuckerberg, and Chief Technology Officer Mike Schroepfer.
The launch plan for the political advocacy group being led by Facebook Co-Founder and CEO Mark Zuckerberg encountered a few issues, as Joe Green, the plan’s author and a roommate of Zuckerberg at Harvard University, confirmed to Politico that it contained several inaccuracies.
Granted, it’s only one seat, but critics of Facebook’s board of directors bemoaning the lack of women, aside from Chief Operating Officer Sheryl Sandberg, will likely welcome the addition of University of California, San Francisco Chancellor Susan Desmond-Hellmann.