Sheryl Sandberg Sells 283K+ More Facebook Shares

Facebook chief operating officer Sheryl Sandberg sold off another 283,318 class-A shares of common stock in the company, she reported in a Form 4 filing Wednesday with the Securities and Exchange Commission.

SherylSandberg650Facebook chief operating officer Sheryl Sandberg sold off another 283,318 class-A shares of common stock in the company, she reported in a Form 4 filing Wednesday with the Securities and Exchange Commission.

Sandberg sold the shares at $74.338 each, and she now holds 5,131,127 shares of Facebook class-A common stock.

In addition, the Sandberg-Goldberg Family Trust received 7,135 class-A shares as part of a pro rata distribution by Sequoia Capital U.S. Venture 2010 Partners Fund to its limited partners, and the fund now holds 22,920 Facebook shares.

Chief product officer Chris Cox reported in a Form 4 that he sold 5,437 shares of class-A common stock at $75.35 per share, leaving him with a total of 574,851.

And the Christopher K. Cox Revocable Trust donated 26,650 Facebook shares to a charitable entity. The trust now holds 76,945 shares.

Vice president and general counsel Colin Stretch reported in a Form 4 that he sold 10,000 class-A shares at $75.35 apiece, and another 1,000 at $74.90, leaving him with a total of 63,728 shares in the company.

And chief technology officer Mike Schroepfer revealed in a Form 4 that he received 2,384 class-A shares as part of a pro rata distribution by Sequoia Capital U.S. Venture 2010 Partners Fund. He now holds 263,838 Facebook shares.