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PART II
Table of Contents
37
ITEM 5.€MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
Our common stock is traded on The New York Stock Exchange ("NYSE") under the symbol "P." The following table
sets forth the range of high and low intra-day sales prices per share of our common stock for the periods indicated, as reported
by the NYSE.
PRICE RANGE OF OUR COMMON STOCK
Our common stock has traded on the NYSE since June€15, 2011. Our initial public offering was priced at $16.00 per
share on June€14, 2011.
High Low
Twelve Months Ended December 31, 2015
First quarter (January 1, 2015 - March 31, 2015) $18.52 $14.63
Second quarter (April 1, 2015 - June 30, 2015) $19.02 $15.54
Third quarter (July 1, 2015 - September 30, 2015) $21.34 $13.81
Fourth quarter (October 1, 2015 - December 31, 2015) $21.98 $11.51
Twelve Months Ended December 31, 2014
First quarter (January 1, 2014 - March 31, 2014) $39.43 $26.76
Second quarter (April 1, 2014 - June 30, 2014) $31.74 $22.17
Third quarter (July 1, 2014 - September 30, 2014) $29.82 $24.16
Fourth quarter (October 1, 2014 - December 31, 2014) $24.70 $16.90
On December€31, 2015, the closing price per share of our common stock as reported on the NYSE was $13.41. As of
December€31, 2015, there were approximately€126 holders of record of our common stock. The number of beneficial
stockholders is substantially greater than the number of holders of record because a large portion of our common stock is held
through brokerage firms.
Dividend Policy
We have not declared or paid any cash dividends on our common stock and currently do not anticipate paying any cash
dividends in the foreseeable future. Instead, we intend to retain all available funds and any future earnings for use in the
operation and expansion of our business. Any future determination relating to dividend policy will be made at the discretion of
our board of directors and will depend on our future earnings, capital requirements, financial condition, future prospects,
applicable Delaware law, which provides that dividends are only payable out of surplus or current net profits, and other factors
that our board of directors deems relevant. In addition, our credit facility restricts our ability to pay dividends. See
"Management's Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources—
Our Indebtedness—Credit Facility" and Note€7 to our financial statements included elsewhere in this Annual Report on
Form€10-K.
Equity Compensation Plan Information
For equity compensation plan information refer to Item€12 in Part€III of this Annual Report on Form€10-K.
Stock Price Performance Graph
This performance graph shall not be deemed to be "soliciting material" or "filed" or incorporated by reference in future
filings with the SEC, or subject to the liabilities of Section€18 of the Exchange Act except as shall be expressly set forth by
specific reference in such filing.