Panera Bread 2004 Annual Report Download - page 15

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ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
The Company submitted no matters to a vote of security holders during the fourth quarter of the fiscal year ended December 25,
2004.
PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER
PURCHASES OF EQUITY SECURITIES
(a) Market Information.
The Company’s Class A Common Stock is traded on The Nasdaq National Market tier of the Nasdaq Stock Market under the
symbol “PNRA.” There is no established public trading market for the Company’s Class B Common Stock. The following table sets
forth the high and low sale prices for the Company’s Class A Common Stock as reported by Nasdaq for the fiscal periods indicated.
2004 High Low
First Quarter .............................................................................................................................................................. $ 44.05 $ 34.93
Second Quarter .......................................................................................................................................................... $ 42.83 $ 33.18
Third Quarter............................................................................................................................................................. $ 39.90 $ 32.95
Fourth Quarter ........................................................................................................................................................... $ 40.62 $ 34.93
2003 High Low
First Quarter .............................................................................................................................................................. $ 37.64 $ 24.55
Second Quarter .......................................................................................................................................................... $ 45.00 $ 32.10
Third Quarter............................................................................................................................................................. $ 47.79 $ 37.36
Fourth Quarter ........................................................................................................................................................... $ 47.32 $ 34.61
On March 2, 2005, the last sale price for the Class A Common Stock, as reported on the Nasdaq National Market System, was
$53.48.
(b) Holders.
On March 2, 2005, the Company had 2,143 holders of record of its Class A Common Stock and 43 holders of record of its Class B
Common Stock.
(c) Dividends.
The Company has never paid cash dividends on its capital stock and does not intend to pay cash dividends in 2005 as it intends to
re-invest earnings in continued growth of its operations.
(d) Securities Authorized for Issuance under Equity Compensation Plans.
The Company discloses information about its securities authorized for issuance under equity compensation plans in Item 12 of this
annual report.
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