The Washington Times

Facebook IPO: Who is selling stock?

Facebook is selling 180 million of its shares in its initial public offering. Another 157 million are coming from existing stockholders, including the company’s earliest investors and CEO Mark Zuckerberg, who’s selling some of his stock to cover tax obligations.

Even after the IPO, Zuckerberg will remain Facebook’s single largest shareholder. And he will control the company through 57 percent of its voting stock.

At a value of $38 per share, the high end of Facebook’s expected range, Facebook would generate $6.8 billion on its shares. Existing stockholders would collectively make $6 billion.

Here’s a look at Facebook Inc.’s selling stockholders, and how much money their stock will be worth at the high end of the IPO’s expected price range.

_ Mark Zuckerberg

Number of shares being offered: 30.2 million

Value at $38 per share: $1.15 billion

_ James Breyer and Accel Partners, where he’s a partner

Year invested in Facebook: 2005

Number of shares being offered: 38.2 million

Value at $38 per share: $1.45 billion

_ Peter Thiel, managing partner at The Founders Fund and PayPal co-founder

Year invested in Facebook: 2004

Number of shares being offered: 7.7 million

Value at $38 per share: $294 million

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