Friday, May 11, 2012

Facebook Granted About $796 Million In Restricted Stock To Employees This Month

money1More Facebook riches all around!?The company granted about $796 million in restricted stock units to employees less than a week ago, according to an amended IPO filing. These are?"employee refresher grants," or new grants for employees. They don't replace existing ones. These restricted stock units, or RSUs, could be worth anywhere from $707 million to $884 million based on Facebook's expected $28 to 35 price range per share. Of course, if people hold on for longer and the stock pops by the time their lock-up period finishes, these shares could be worth a great deal more.

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