Peter Thiel, Funds He Controls Sell Off All of Their Facebook Shares

Facebook Director Peter Thiel and three funds he controls disposed of all of their shares of Facebook class-A common stock, Thiel reported in a Form 4 filing Friday with the Securities and Exchange Commission.

WallStreetBull650Facebook Director Peter Thiel and three funds he controls disposed of all of their shares of Facebook class-A common stock, Thiel reported in a Form 4 filing Friday with the Securities and Exchange Commission.

Thiel sold 37,242 shares at $74.8172 per share, leaving him with no shares in the company.

Lembas sold 29,654 class-A Facebook shares at $74.828 apiece, leaving it with zero.

PT Ventures sold 293,096 shares at $74.8204 each, and it no longer holds any Facebook shares.

And Thiel Capital sold 20,568 at $74.8318 per share, leaving it with zero.

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