Ingram Micro 2008 Annual Report Download - page 32

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Common Stock. Our Common Stock is traded on the New York Stock Exchange under the symbol IM. The
following table sets forth the high and low price per share, based on closing price, of our Common Stock for the
periods indicated.
HIGH LOW
Fiscal Year 2008 First Quarter $18.97 $14.97
Second Quarter 18.90 15.83
Third Quarter 19.95 16.51
Fourth Quarter 16.20 9.29
Fiscal Year 2007 First Quarter $20.78 $18.64
Second Quarter 22.02 19.28
Third Quarter 21.97 18.26
Fourth Quarter 21.24 18.10
As of February 2, 2009 there were 442 holders of record of our Common Stock. Because many of such shares
are held by brokers and other institutions, on behalf of shareowners, we are unable to estimate the total number of
shareowners represented by these record holders.
Dividend Policy. We have neither declared nor paid any dividends on our Common Stock in the preceding
two fiscal years. We currently intend to retain future earnings to fund ongoing operations and finance the growth and
development of our business and, therefore, do not anticipate declaring or paying cash dividends on our Common
Stock for the foreseeable future. Any future decision to declare or pay dividends will be at the discretion of the
Board of Directors and will be dependent upon our financial condition, results of operations, capital requirements,
and such other factors as the Board of Directors deems relevant. In addition, certain of our debt facilities contain
restrictions on the declaration and payment of dividends.
Equity Compensation Plan Information. The following table provides information, as of January 3, 2009,
with respect to equity compensation plans under which equity securities of our company are authorized for
issuance, aggregated as follows: (i) all compensation plans previously approved by our shareowners and (ii) all
compensation plans not previously approved by our shareowners.
Plan Category
(a) Number of securities to be
issued upon exercise of
outstanding options,
warrants and rights(1)
(b) Weighted-average
exercise price of
outstanding options,
warrants and rights(1)
(c) Number of securities
remaining available for
future issuance under
equity compensation plans
(excluding securities
reflected in column (a))(2)
Equity compensation plans
approved by shareholders ..... 17,458,493 $15.57 10,778,890
Equity compensation plans not
approved by shareholders ..... None None None
TOTAL.................... 17,458,493 NA 10,778,890
(1) Does not reflect any unvested awards of time vested restricted stock units/awards of 742,858 and performance
vested restricted stock units of 1,882,681 at 100% target and 4,154,782 at maximum achievement.
(2) Balance reflects shares available to issue, taking into account granted options, time vested restricted stock units/
awards and performance vested restricted stock units assuming maximum achievement.
22