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Some of those early backers — though not Mr. Zuckerberg — were eligible to sell their shares starting Thursday.
So in February, when they became eligible to sell some shares, a big group of them did.
The 5 million shares, which doubled in number when the stock split, continued to increase in value until last March, when Jobs was eligible to sell the shares.
THE PLAY: Players who refinance their mortgages, avoid speeding tickets, send their children to college and marry them off are eligible to sell their property.
Not least, employees and other insiders will become eligible to sell off a tranche of shares in the coming months, potentially flooding the market with stock.
Even when they become eligible to sell their flat — after 10 years of residency, as mandated by the redevelopment policy — they told me they planned to stay.
Similar(31)
Often referred to as "Regulation A+," the new exemption allows eligible companies to sell up to $50 million of securities in a 12-month period, subject to certain disclosure and reporting requirements.
Of the 3,446 trailers now in use, about 1,160 are eligible to be sold.
In August, 271 million Facebook shares were eligible to be sold.
The first and smallest opening in that gate was Thursday, when about 271 million shares were eligible to be sold.
The market will soon find out as more than 270 million shares become eligible to be sold.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com