Whatsapp Purchase Facebook New Updated 2019
So our asked Equilar, a business that specializes in assessing exec compensation as well as corporate data, to aid us analyze all the Stocks and also Exchange Payment filings related to Koum's sales for 2016.
Whatsapp Purchase Facebook
It turns out he's marketed more than 22 million shares worth approximately $2.8 billion considering that January.
Facebook accepted acquire 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 shut, thanks to Facebook's increasing stock cost. Koum owned concerning 45% of the company when he sold it, Forbes estimates, which implies his take on paper had to do with $10 billion. He likewise got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy filing, Koum possessed over 60 million shares of common stock. He additionally had an additional 19 million limited supply units, which vest over time and also serve as an incentive for him to stick around up until November 2018.
Based upon that vesting schedule, it resembles he's earned regarding 3 million of those RSUs up until now this year.
So generally, he's offered concerning one-third of his current stake in Facebook this year.
Koum's stock sales come as WhatsApp continues to proliferate and also as the business is making changes to the service that might open brand-new moneymaking opportunities, yet additionally risks estranging some customers.
On Thursday, Facebook revealed that WhatsApp was changing its privacy policy for the very first time since the acquisition to enable Facebook to see the telephone number that a user shares when they enroll in WhatsApp. Facebook can use this information to allow businesses to get in touch with individuals directly through WhatsApp, as they can currently do through Messenger, and also will permit Facebook to show even more pertinent advertisements to logged-in users. However, WhatsApp claimed it would not share these telephone number straight with customers.
WhatsApp passed more than than 1 billion monthly users in February and is the most prominent chat app in more than half of the world, according to current statistics from SimilarWeb.
Facebook had no discuss the sales, as it doesn't comment on individuals' financial investment decisions.