Facebook Inc (NASDAQ:FB) CEO Mark Zuckerberg’s total pay in 2013 fell 67% from $2 million in 2012. According to regulatory documents filed on Monday, Zuckerberg has restricted his annual salary to just $1. However, the 29-year old billionaire reaped a whopping $3.3 billion gain from stock options. The windfall saddled him with a huge tax bill despite just $1 in salary.
Facebook CEO has exhausted all his stock options
It’s the second consecutive year that the Facebook Inc (NASDAQ:FB) founder and CEO has realized hefty gains from stock options. In 2012, Mark Zuckerberg made $2.3 billion by exercising stock options. Documents show that he has exhausted all his stock options. Zuckerberg exercised 60 million options last year at 6 cents a share. Then he offloaded 41.35 million shares at $55.05 each in December to cover his tax bi