Facebook (FB) Chief Executive Mark Zuckerberg has cut his annual pay to $1, according to an SEC...

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 $503K. At the time of the IPO last year, Zuckerberg exercised options on 60M shares, then sold about 30M shares to cover taxes on the gains.
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Comments (15)
  • wigit5
    , contributor
    Comments (4365) | Send Message
    why not just write MZ be so rich he can get paid 1$ and still make more money then all of you.
    26 Apr 2013, 07:41 PM Reply Like
  • Joe2922
    , contributor
    Comments (479) | Send Message
    Insiders have been selling their stock in droves, it's near an all time high ratio to buys. To Zuck, the money is just big numbers, he can't spend what he has now if he lives to 100, unless he blows it all on lousy investments. Earnings suck, time to sell the entire market, these 5 charts spell it out clearly:
    27 Apr 2013, 08:21 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
    Certainly doesn't spend it on clothes.
    27 Apr 2013, 02:34 PM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (9710) | Send Message
    Wonder how bad the earnings report is...
    26 Apr 2013, 07:45 PM Reply Like
  • Deja Vu
    , contributor
    Comments (1814) | Send Message
    Yes, a clear signal to short the stock via puts...
    26 Apr 2013, 07:49 PM Reply Like
  • jnc347
    , contributor
    Comment (1) | Send Message
    why do you say this?
    28 Apr 2013, 08:28 PM Reply Like
  • beautidoc
    , contributor
    Comments (157) | Send Message
    It would be nice to decrease my salary to $0.01 a year, especially nice with half a billion dollars in the bank, not to mention a few more M shares of FB. Go FB!!!
    26 Apr 2013, 08:20 PM Reply Like
  • mphill47
    , contributor
    Comments (603) | Send Message
    Hmmmmmmmmmmmmmm very interesting.
    26 Apr 2013, 08:44 PM Reply Like
  • SA_Member_8998191
    , contributor
    Comments (160) | Send Message
    all so he can continue to apply for government benfits
    26 Apr 2013, 09:11 PM Reply Like
  • raviunnam
    , contributor
    Comments (130) | Send Message
    does he qualify for food stamps now ??
    26 Apr 2013, 10:32 PM Reply Like
  • scott trader
    , contributor
    Comments (7018) | Send Message
    The FBI and secret service , divorce attnys and irs should be paying him for all the free info he is providing
    26 Apr 2013, 11:38 PM Reply Like
  • rasanders22
    , contributor
    Comments (612) | Send Message
    It amazes me what people put on FB.
    27 Apr 2013, 12:15 AM Reply Like
  • mman
    , contributor
    Comments (53) | Send Message
    27 Apr 2013, 04:14 AM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
    Neighbor likes to tell the world when her husband is traveling leaving her alone with her two daughters via Facebook.
    27 Apr 2013, 02:39 PM Reply Like
  • tradewizardz
    , contributor
    Comments (3) | Send Message
    This is one of the most hyped up stocks of the century. The amount of people who lost money on the IPO of the stock is unbelievable. I mean 100 times earnings this company has scam written all over it. The only reason why they have been given so much promontion is that it is run by the CIA easy way to gather information about people saving the governments around the world and all the intelligent agency billiion of dollar.
    28 Apr 2013, 08:28 PM Reply Like
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