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Facebook CEO reaps $3.3B gain from stock options

SAN FRANCISCO (AP) – Facebook CEO Mark Zuckerberg reaped a $3.3 billion gain last year by exercising stock options in the social networking company that he founded in a Harvard dorm room.

Facebook Inc. spelled out the windfall in regulatory documents filed Monday. It marks the second straight year that Zuckerberg has realized a huge gain from stock options. In 2012, he made $2.3 billion off his stock options.

The documents show Zuckerberg had no stock options remaining after exercising 60 million of them last year at a price of 6 cents per share. He then sold 41.35 million shares for $55.05 apiece in December primarily to cover his taxes.

The 29-year-old Zuckerberg still owns 426.3 million Facebook shares currently worth $25.7 billion.

Facebook paid Zuckerberg a $1 salary last year.

Emergency guide: What you should do to prepare for emergencies

WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
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