Whatsapp Sale to Facebook New 2019
So our asked Equilar, a firm that specializes in evaluating exec compensation and corporate data, to aid us analyze all the Securities and also Exchange Commission filings related to Koum's sales for 2016.
Whatsapp Sale To Facebook
It ends up he's offered more than 22 million shares worth about $2.8 billion given that January.
Facebook accepted purchase WhatsApp in February 2014 for over $19 billion in supply, and the price had actually increased to $22 billion by October, when the deal shut, thanks to Facebook's rising stock rate. Koum possessed about 45% of the firm when he sold it, Forbes estimates, which indicates his take on paper had to do with $10 billion. He also got a seat on Facebook's board.
At the end of 2015, according to Facebook's annual proxy declaring, Koum had over 60 million shares of common stock. He likewise had another 19 million restricted supply systems, which vest in time as well as work as a reward for him to remain up until November 2018.
Based upon that vesting routine, it looks like he's made about 3 million of those RSUs so far this year.
So generally, he's marketed concerning one-third of his current risk in Facebook this year.
Koum's stock sales come as WhatsApp remains to proliferate and as the business is making changes to the solution that can open brand-new moneymaking opportunities, however likewise takes the chance of alienating some customers.
On Thursday, Facebook revealed that WhatsApp was altering its privacy plan for the first time since the purchase to permit Facebook to see the contact number that a user shares when they enroll in WhatsApp. Facebook can utilize this information to enable businesses to contact users straight with WhatsApp, as they can currently do through Messenger, and will permit Facebook to reveal even more appropriate advertisements to logged-in customers. However, WhatsApp stated it would certainly not share these phone numbers directly with customers.
WhatsApp passed greater than than 1 billion month-to-month users in February and is the most prominent chat app in over half of the world, according to current statistics from SimilarWeb.
Facebook had no discuss the sales, as it does not comment on individuals' financial investment choices.