Frontier Airlines 2010 Annual Report Download - page 36

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ITEM 3. LEGAL PROCEEDINGS
We are subject to certain legal and administrative actions, which we consider routine to our business activities. Management
believes that the ultimate outcome of any pending legal matters will not have a material adverse effect on our financial position, liquidity or
results of operations.
ITEM 4. [Reserved]
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
Market Price
Our common stock began trading on The NASDAQ National Market (now the NASDAQ Global Select Market) on May 27, 2004
and is traded under the symbol "RJET." Prior to that date, there was no public market for our common stock. The following table sets forth
the high and low sales prices of our common stock for the periods indicated.
Year Ended December 31, 2009 High Low
First Quarter $ 10.94 $ 4.23
Second Quarter 8.34 4.10
Third Quarter 10.64 4.85
Fourth Quarter 10.29 6.39
Year Ended December 31, 2010
First Quarter $ 7.65 $ 4.48
Second Quarter 6.80 5.25
Third Quarter 8.58 4.74
Fourth Quarter 9.58 6.83
As of December 31, 2010 there were 5,652 stockholders of record of our common stock. We have never paid cash dividends on our
common stock. The payment of future dividends is within the discretion of our board of directors and will depend upon our future earnings,
our capital requirements, bank or other lender financing, financial condition and other relevant factors.
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