WhatsApp Co-Founders Jan Koum, Brian Acton Receive Facebook RSUs; Koum Joins Board
With 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.
With 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
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in