Facebook CEO cashes out $ 2.3 Billion from 2012 stocks options
Introduction This legal event tackles the returns earned from stock options and falls under the province of the securities regulation law. From the onset, it should be noted that the event involves earning of dividends from the stock options available. This is exercised under the Securities Regulations requirements.
Facts
Facebook issued an initial public offering in May 2012 at $ 38 dollars. As it stands, the stock price is $ 26.85 representing a slight decline in the value of the stock. However, the gains realized were essentially accounted for by the CEO to have arisen from the Initial Public Offering that occurred ...