Clearwire 2010 Annual Report Download - page 52

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As of February 16, 2011 there were 118 holders of record of Class A Common Stock. As many shares of
Class A Common Stock are held by brokers and other institutions on behalf of shareholders, we are unable to
estimate the total number of beneficial holders of Class A Common Stock represented by these record holders.
There is currently no established public trading market for our Class B Common Stock.
Class A Common Stock Repurchases
There were no Class A Common Stock repurchases during the period.
Equity Compensation Plan
In connection with the closing of the Transactions, we assumed the Old Clearwire 2008 Stock Compensation
Plan, the Old Clearwire 2007 Stock Compensation Plan and the Old Clearwire 2003 Stock Option Plan.
The table below presents information as of December 31, 2010 for our equity compensation plans, which was
previously approved by Old Clearwire’s stockholders. We do not have any equity compensation plans that have not
been approved by stockholders.
Plan Category
Number of Securities
To Be Issued Upon
Exercise of
Outstanding Options
And Vesting of
Restricted
Stock Units
Weighted Average
Exercise Price
of Options(2)
Number of Securities
Remaining Available
for Future Issuance
Under Equity
Compensation Plans
(Excluding
Securities
Reflected in the
First Column)
Equity compensation plans approved by
stockholders ................... 31,118,894(1) $11.80 55,324,492
(1) Our equity compensation plans authorize the issuance of stock options, stock appreciation rights, restricted
stock, restricted stock units, and other stock-based awards. Of these shares, 16,443,241are to be issued upon the
exercise of outstanding options and 14,675,653 are to be issued pursuant to the vesting of outstanding restricted
stock units.
(2) As there is no exercise price for restricted stock units, this price represents the weighted average exercise price
of stock options only.
Dividend Policy
We have not declared or paid any cash dividends on our Class A Common Stock since the closing of the
Transactions. We currently expect to retain future earnings, if any, for use in the operation and expansion of our
business. We do not anticipate paying any cash dividends in the foreseeable future. In addition, covenants in the
indenture governing our Senior Secured Notes (as defined below) impose significant restrictions on our ability to
pay dividends to our stockholders.
47