Marc Andreessen, Peter Thiel Exchange Oculus VR Shares for Class-B Facebook Shares

Source http://feedproxy.google.com/~r/allfacebook/~3/9NNwLi9Tn2A/sec-072314_b133462

Facebook Directors Marc Andreessen and Peter Thiel received class-B shares in Facebook in exchange for their shares of Oculus VR following the official closing of the social network’s acquisition of the immersive virtual reality technology company earlier this week, and Form 4 filings detailing exercising of restricted stock units and sales of Facebook shares were also filed with the Securities and Exchange Commission Wednesday by Chief Operating Officer Sheryl Sandberg, Chief Product Officer Chris Cox and Chief Technology Officer Mike Schroepfer.

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