iBankCoin
Joined Nov 11, 2007
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Heads Up to $FB Shareholders as Earnings and Lock Ups Come this Week

“NEW YORK (CNNMoney) — Facebook’s second earnings report as a public company lands Tuesday, but an even bigger milestone looms later in the week: On Thursday, many of its employees will officially become millionaires.

That’s the day Facebook’s main form of equity compensation — “restricted stock units” — convert into common stock shares. Facebook’s current and past employees hold 225 million of those units, worth around $4.3 billionbased on Friday’s closing share price.”

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