Facebook CEO reaps $3.3B gain from stock options

Published on NewsOK Modified: April 1, 2014 at 3:21 am •  Published: April 1, 2014

The Menlo Park, Calif., company now gets more than half of its ad revenue from mobile devices, up from 23 percent at the beginning of last year.

Like many company founders who have gotten wealthy off their early stakes, Zuckerberg asked Facebook to limit his annual salary to $1 annually. Besides that token sum, Zuckerberg also received perquisites valued at $653,164. All but $3,000 of that amount went toward Zuckerberg's bills for personal travel on chartered jets.

Excluding stock option gains, Zuckerberg's total compensation last year plunged 67 percent from nearly $2 million in 2012.

The Associated Press formula calculates an executive's total compensation during the last fiscal year by adding salary, bonuses, perks, above-market interest that the company pays on deferred compensation and the estimated value of stock and stock options awarded during the year. The AP formula does not count changes in the present value of pensions, a benefit that Facebook and most other technology companies don't provide.