To: WellyP
And people were surprised that the FaceBook Insiders were in a hurry to dump as many shares as they could, as fast as they could.
The average employee was worth $3 Million in shares - what would you do, Cash in your $3 Million or hold on and hope that FaceBook wasn’t another MySpace? I’d take the $3 Million so quickly your head would spin. Would I still work? Yup - and hope more stock options came my way. But, my financial worries would be few, and far between.
4 posted on
05/21/2012 8:38:47 AM PDT by
Hodar
( Who needs laws; when this FEELS so right?)
To: Hodar
The average employee was worth $3 Million in shares - what would you do, Cash in your $3 Million or hold on and hope that FaceBook wasnt another MySpace? Id take the $3 Million so quickly your head would spin. Would I still work? Yup - and hope more stock options came my way. But, my financial worries would be few, and far between.
I'm sure the employees are required to hold their shares for a certain amount of time.
To: Hodar
Employee’s lockup period may be as much as SIX months. Ride ‘em to zero!
14 posted on
05/21/2012 8:59:52 AM PDT by
steve86
(Acerbic by nature not nurture TM)
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