Pincus Sold $109 Million in Stock Back to Zynga in March 2011
Zynga chief executive Mark Pincus and other early investors sold more than $233 million worth in stock back to the company in both January and March of this year, according to the company’s IPO filing today.
Pincus sold $109.5 million in stock, while chief technology officer Cadir Lee and co-president of games Michael Verdu sold nearly $3 million in stock each. Early investors Kleiner Perkins Caufield & Byers sold nearly $6 million and Union Square Ventures sold back close to $46 million in stock.
Zynga’s
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in