Facebook Co-Founder Moskovitz Sells 450,000 Shares
By Reed Stevenson -
2012-08-22T01:35:03Z
(Corrects second paragraph to show number of Class A shares.)
Facebook Inc. co-founder Dustin Moskovitz sold 450,000 shares in the operator of the world’s largest social-networking website, the latest holder to divest holdings after a lock-up restriction expired last week.
The sale, at prices from $19.38 to $20, leaves Moskovitz with 7.05 million Class A shares, according to a filing with the U.S. Securities and Exchange Commission.
To contact the reporter on this story: Reed Stevenson in San Francisco at rstevenson15@bloomberg.net
To contact the editor responsible for this story: Tom Giles at tgiles5@bloomberg.net
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