Ally Bank 2014 Annual Report Download - page 32

Table of Contents
Part II
Ally Financial Inc. • Form 10-K
20
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities
Market Information
Our common stock has been listed on the New York Stock Exchange (NYSE) under the symbol “ALLY” since April 10, 2014. Prior to
that time, there was no public market for our stock. The following table sets forth, for the periods indicated, the reported high and low sale
prices for our common stock on the NYSE.
Year ended December 31, 2014 ($ per share) High Low
Second Quarter (April 10, 2014 through June 30, 2014) $ 25.30 $ 23.24
Third Quarter 25.01 22.42
Fourth Quarter 24.14 19.42
Holders
As of February 26, 2015, we had approximately 143 holders of record of our common stock.
Dividends
We have never declared or paid cash dividends on our common stock. We have no current plans to commence payment of a dividend on
our common stock. Our payment of dividends on our common stock in the future will be determined by our Board of Directors in its sole
discretion and will depend on business conditions, our financial condition, earnings and liquidity, and other factors. Our Series G preferred
stock allows dividend payments only if (1) our senior guaranteed notes issued on December 31, 2008 are rated investment grade and (2) the
payment, together with other dividend payments we made since December 31, 2008, is less than 25% of our cumulative consolidated net
income from January 1, 2014 to the most recently ended fiscal quarter for which financial statements are available at the time of such
dividend payment. In addition, so long as any share of our Series A preferred stock remains outstanding, no dividend or distribution may be
declared or paid on our common stock unless all accrued and unpaid dividends have been paid on the Series A preferred stock. Any plans to
commence payment of dividends on our common stock in the future would be subject to the FRB’s review and absence of objection. Refer to
Certain Regulatory Matters — Bank Holding Company and Financial Holding Company Status within Item 1 for additional information.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table provides information about the securities authorized for issuance under our equity compensation plans as of
December 31, 2014.
Plan Category
(1)
Number of securities to be
issued upon exercise of
outstanding options, warrants
and rights (a)
(2)
Weighted-average exercise
price of outstanding options,
warrants and rights
(3)
Number of securities remaining
available for further issuance
under equity compensation
plans (excluding securities
reflected in column (1)) (b)
Equity compensation plans
approved by security holders 4,093,139 — 34,399,533
Total 4,093,139 — 34,399,533
(a) Includes deferred stock units and restricted stock units outstanding under the 2014 Incentive Compensation Plan and deferred stock units outstanding
under the 2014 Non-Employee Directors Equity Compensation Plan.
(b) Includes 29,867,224 securities available for issuance under the plans identified in (a) above and 4,532,309 securities available for issuance under Ally's
Employee Stock Purchase Plan, of which 4,093,139 securities are subject to purchase during the current purchase period (determined as of December 31,
2014).
Stock Performance Graph
The following graph compares the cumulative total return to shareholders on our common stock relative to the cumulative total returns of
the S&P 500 index and the S&P Financials index. An investment of $100 (with reinvestment of all dividends) is assumed to have been made
in our common stock and in each index on April 10, 2014 (the date our common stock first commenced trading on the NYSE) and its relative
performance is tracked through December 31, 2014. The returns shown are based on historical results and are not intended to suggest future
performance.