WhatsApp Co-Founders Jan Koum, Brian Acton Receive Facebook RSUs; Koum Joins Board

By David Cohen 

WhatsApp650With Facebook’s $19 billion acquisition of cross-platform messaging application WhatsApp now completed following European Commission approval last week, WhatsApp co-founder and CEO Jan Koum and co-founder and vice president Brian Acton were on the receiving end of financial rewards announced by Facebook Monday.

Facebook revealed in Form S-8 and Form 8-K filings with the Securities and Exchange Commission Monday that Koum received 24,853,468 restricted stock units that are set to vest over a four-year quarterly schedule, with about 20 percent vesting Nov. 15, 2015.

Koum was also appointed to Facebook’s board of directors.

Acton received 12,621,803 RSUs under the same terms.