Director Marc Andreessen Sells Off Large Chunks Of Facebook Holdings; David Fischer Sells Shares

Facebook Director Marc Andreessen shed substantial blocks of stock in the company, and Vice President of Business and Marketing Partnerships David Fischer also unloaded some shares, according to Form 4 filings with the Securities and Exchange Commission Friday.

Facebook Director Marc Andreessen shed substantial blocks of stock in the company, and Vice President of Business and Marketing Partnerships David Fischer also unloaded some shares, according to Form 4 filings with the Securities and Exchange Commission Friday.

Andreessen reported that Andreessen Horowitz Fund converted 178,308 class-B Facebook shares into class-A shares, and it then sold 115,356 of those shares at $49.2199 each, and 62,952 at $50.0728 apiece, leaving it with none.

Andreessen Horowitz Fund II sold 660,982 Facebook class-A shares of common stock at $49.2199

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