Whatsapp Facebook Deal
So our asked Equilar, a company that focuses on evaluating executive settlement as well as company data, to assist us analyze all the Securities and Exchange Payment filings pertaining to Koum's sales for 2016.
Whatsapp Facebook Deal
It ends up he's marketed more than 22 million shares worth about $2.8 billion considering that January.
Facebook agreed to get WhatsApp in February 2014 for over $19 billion in supply, and also the rate had actually gone up to $22 billion by October, when the offer closed, thanks to Facebook's rising supply rate. Koum had regarding 45% of the business when he sold it, Forbes approximates, which means his take on paper was about $10 billion. He additionally got a seat on Facebook's board.
At the end of 2015, according to Facebook's yearly proxy declaring, Koum possessed over 60 million shares of ordinary shares. He additionally had one more 19 million restricted stock systems, which vest gradually as well as function as an incentive for him to remain till November 2018.
Based on that vesting timetable, it looks like he's earned about 3 countless those RSUs so far this year.
So overall, he's offered regarding one-third of his present risk in Facebook this year.
Koum's supply sales come as WhatsApp continues to proliferate and also as the business is making changes to the solution that could open up new moneymaking possibilities, yet also risks pushing away some individuals.
On Thursday, Facebook revealed that WhatsApp was transforming its privacy plan for the very first time because the purchase to enable Facebook to see the telephone number that an individual shares when they sign up for WhatsApp. Facebook can use this info to allow services to call individuals straight with WhatsApp, as they can already do with Carrier, and also will permit Facebook to show even more relevant advertisements to logged-in customers. Nonetheless, WhatsApp claimed it would not share these telephone number directly with customers.
WhatsApp passed greater than than 1 billion regular monthly individuals in February as well as is one of the most prominent conversation application in more than half of the globe, according to recent statistics from SimilarWeb.
Facebook had no discuss the sales, as it doesn't discuss individuals' financial investment decisions.