Gates, Allen both cut stakes in Microsoft, SEC says

Microsoft chairman and chief executive officer (CEO) Bill Gates and company co-founder Paul Allen hold fewer Microsoft shares now than a year ago, according to a story in the Wall Street Journal. Gates now has 515.8 million shares, or 21% of the company, down from 541.6 million, or 22% of the company. Allen's stake, meanwhile, dropped from 184.6 million shares, or 7.6%, to 144.9 million shares, or 5.8% of the company.

Microsoft chairman and chief executive officer (CEO) Bill Gates and company co-founder Paul Allen hold fewer Microsoft shares now than a year ago, according to a story in the Wall Street Journal.

Gates now has 515.8 million shares, or 21% of the company, down from 541.6 million, or 22% of the company, the WSJ reported, quoting figures from Microsoft's annual proxy statement.

Allen's stake, meanwhile, dropped from 184.6 million [shares, or 7.6%, to 144.9 million shares, or 5.8% of the company, the WSJ reported. Allen worked at Microsoft until 1984 and is now a company director.

Microsoft President Steve Ballmer's stake in the company fell from 4.9% to 4.8%, the WSJ reported. The performance bonuses awarded to Gates and Ballmer also fell, according to the WSJ.

Microsoft, in Redmond, Washington, is at http://www.microsoft.com/.

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