Facebook VP of Marketing David Fischer, Director Mark Andreessen sell stock

As Facebook’s share price has touched $50, two prominent Facebook shareholders — Vice President of Marketing and Business Partnerships David Fischer and Director Mark Andreessen — recently offloaded some shares of Facebook.

Andreessen disposed of several holdings. The Andreessen Horowitz Fund converted 178,308 Class B shares into Class A (making them easier to sell). The Fund then disposed of these shares, selling 115,356 at $49.2199 each and 62,952 shares at $50.0728. A secondary Andreessen Horowitz fund also sold many of its shares — offloading 660,982 at $49.2199