LinkedIn CEO Jeff Vina Sina Technology news Beijing Time November 15 morning, LinkedIn employees and early supporters plan to sell 6.7 million shares, thereby benefiting from the company's fast-rising market capitalisation. Linkein listed the number of shares sold by all shareholders in the regulatory document in Monday. Among them, Jeff Weiner, the company's CEO, plans to sell 372,000 shares, the Jeff Vina of LinkedIn's top management. According to the closing price of the 78.49 dollar in Monday, Wiener, the CEO of LinkedIn for two years, will profit 29 million dollars from the sale. The shares were priced at $45 when it was launched in April this year. Hoffman Reid Hoffman, co-founder and executive chairman of LinkedIn, currently holds 19 million shares in the company, but he will not sell shares this time. LinkedIn will raise 1.3 million shares to finance its expansion plan. (PEI)
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.
