[necrecious]

They probably have to wait a bit before selling their shares. So you won't see an exodus until probably a year or two down the road.

[CyrusL]

The lockup is 180 days

[necrecious]

for vested shares. I am assuming most will not have all their shares vested yet.

[rationalbeats]

Really?

4 year to vest for most companies here so if you were hired in winter of 2008 into spring of 09 all of those shares will be vested by time the lock up expires.

That is assuming they file next week go through the 3-4 month quiet period and revisions to their S-1 and then IPO late spring, maybe June and then the lock up expires in December 2012.