7:35 PM Facebook (FB) Chief Executive Mark Zuckerberg has cut his annual pay to $1, according to an SEC filing. Zuckerberg’s compensation, excluding stock grants, was $2M in 2012. His base pay was $503K. At the time of the IPO last year, Zuckenberg exercised options on 60M shares, then sold about 30M shares to cover taxes on the gains. Read comments
FB price at time of publication: $26.85. Check FB price now »
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Transcripts on FB
- Facebook's CEO Discusses Q4 2012 Results - Earnings Call Transcript
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