Breyer, who is managing director at venture capital firm Accel Partners, sold 3,563,387 Class A Facebook shares at a weighted average price of $22.7736 per share, at or around Oct. 25.
Breyer still personally holds 7.2 million Facebook shares in the trust that sold shares last week.
In addition, Accel Partners distributed 22,123,009 Class A Facebook shares to its limited partners in various funds, according to the SEC filing. At Wednesday’s closing stock price, those shares would be worth about $467 million. Though it is not clear if or when Accel’s limited partners have sold those shares.
Breyer famously put his firm Accel Partners on top of the of the venture capital heap with the investment in Harvard dropout Mark Zuckerberg. He was also number one on Forbes 2012 Midas List of tech’s top venture investors.
Meanwhile, Facebook just posted earnings that slightly topped expectations sending its stock price soaring. The stock is still way down from its IPO price of $38 per share and the company and been seeking to show Wall Street that the company’s prospects are bright due to growing monetization on mobile devices.



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