Sunday, April 1, 2012

Zynga executives unloading 20 million shares in secondary offering




Zynga is preparing for his upcoming secondary offering of shares, which will put 43 million shares for sale - 20, 2 million who are "Class B" shares currently held by senior executives from Zynga.

Joystiq
in descending order of shares sold, co-founder Mark Pincus is downloaded over 16.5 million shares, about 15 percent of its corporate property . Director Reid Hoffman and Owen Van Natta, are second and third place, selling 687,626 shares and 505,627, respectively. Finance Director David Wehner sells for more than 50 percent of its stake in the company by offering 386,865 shares, closely followed by the Chief Operating Officer John Schappert that leaves 322,350 available for sale represent about 45 percent of total her.


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