Posts Tagged ‘stock options’

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When Russian investment group, Digital Sky Technologies, decided to purchase a $100 million of common stock from former and current Facebook employees, no one thought it would cause the frenzy that it has. The program, introduced on July 13th, gave current and former employees and others who held Facebook stock, the option to sell up to 25% or $1 million of their stock to DST.

The offer to sell stock options, was given to current employees first, followed by former employees. Many employees took the offer and sold a portion of their stock. While some would argue that cashing in stock options were premature, even calling the employees mercenaries, I think these employees did the right thing and here’s 4 reasons why. More »


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