million at conversion. 15 million of these shares were withheld. Sandberg converted the remaining 18 million to "Class A" common stock that can now be sold. David Ebersman, CFO: 4.2 million shares worth $97 million at conversion. Ebersman retains 2.2 million shares of Class A common stock that can now be sold. Theodore Ullyot, General Counsel: 2.5 million shares worth $58 million. Ullyot retains 1.4 million shares that can now be sold. David Fischer, VP of Marketing: 1.1 million shares worth $26 million. Fischer retains 568,282 shares that can now be sold. Micheal Schroepfer, VP Engineering, ~3 million shares worth $70 million. Schroepfer retains 1.5 million shares that can now be sold. David Spillane, Chief Accounting Officer: .7 million shares worth $16 million. Spillane retains 416,479 shares that can now be sold. Importantly, none of these senior executives have announced plans to sell any of these shares. All of them will only be allowed to sell under so-called "10b-5" sales plans which set up regular sales in advance. It is possible that some or all of these executives have already set up such plans and will start selling their shares now, but if so, the plans have not yet been filed publicly. Facebook's Market Value Is Now Much Larger Than Many People Thought Importantly, the vesting of all of the Restricted Stock Units has caused Facebook's overall share count to increase significantly. Facebook now has about 2.5 billion shares outstanding. Thus, at $22 a share, Facebook is valued at about