Filings with the Securities and Exchange Commission today show that Peter Thiel sold 20.06 million shares of Facebook (FB) for an average of about $20 a share, netting $395.8 million.
According to the filing, Thiel sold 20,058,068 shares at prices ranging on average from $19.27 to $20.69 on August 16 and 17. The sales were made through various Founders Funds, along with Rivendell One and Lembas funds. The grand total was $395,806,818.97....MORE
Monday, August 20, 2012
Thiel Sold 20.06 Million Facebook Shares For $395.8 Million Last Week (FB)
From Barron's Tech Trader Daily: