Whatsapp Price Facebook
So our asked Equilar, a business that concentrates on evaluating executive payment and also corporate information, to assist us examine all the Stocks and Exchange Commission filings pertaining to Koum's sales for 2016.
Whatsapp Price Facebook
It turns out he's sold more than 22 million shares worth approximately $2.8 billion considering that January.
Facebook agreed to buy WhatsApp in February 2014 for over $19 billion in stock, and also the price had gone up to $22 billion by October, when the deal closed, thanks to Facebook's climbing stock cost. Koum owned regarding 45% of the company when he marketed it, Forbes estimates, which implies his take on paper had to do with $10 billion. He additionally got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum owned over 60 million shares of common stock. He likewise had another 19 million restricted stock devices, which vest gradually as well as act as an incentive for him to stay till November 2018.
Based on that vesting schedule, it resembles he's gained concerning 3 numerous those RSUs up until now this year.
So on the whole, he's marketed regarding one-third of his existing stake in Facebook this year.
Koum's stock sales come as WhatsApp continues to proliferate and as the company is making changes to the solution that might open brand-new moneymaking possibilities, however also takes the chance of pushing away some individuals.
On Thursday, Facebook announced that WhatsApp was changing its privacy policy for the first time given that the acquisition to allow Facebook to see the telephone number that an individual shares when they register for WhatsApp. Facebook can use this info to allow companies to contact customers directly via WhatsApp, as they can already do through Messenger, and also will certainly enable Facebook to reveal more pertinent ads to logged-in customers. Nevertheless, WhatsApp stated it would certainly not share these telephone number straight with customers.
WhatsApp passed more than than 1 billion monthly users in February and also is one of the most prominent conversation application in over half of the globe, according to recent stats from SimilarWeb.
Facebook had no comment on the sales, as it doesn't talk about peoples' investment decisions.