Panera Bread 2009 Annual Report Download - page 25

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for an aggregate purchase price of $1.7 million in fiscal 2009. Repurchased shares will be retired immediately and
will resume the status of authorized but unissued shares. The share repurchase program may be modified,
suspended, or discontinued by our Board of Directors at any time.
During the fourth quarter of fiscal 2009, we repurchased Class A common stock as follows:
Period
Total Number
of Shares
Purchased
Average
Price Paid
per Share
Total Number of
Shares Purchased as
Part of Publicly
Announced Program
Approximate Dollar
Value of Shares
That May Yet Be
Purchased Under the
Announced Program
September 30, 2009 - October 27, 2009 .... 22(1) $50.92 — $ —
October 28, 2009 - December 1, 2009 ..... 28,069(1)(2) $63.01 27,429 $598,272,419
December 2, 2009 - December 29, 2009 .... 46(1) $51.85 — $598,272,419
Total............................ 28,137 $62.98 27,429 $598,272,419
(1) Represents Class A common stock surrendered by participants under the Panera Bread 1992 Stock Incentive
Plan and the Panera Bread 2006 Stock Incentive Plan as payment of applicable tax withholding on the vesting of
restricted stock. Shares so surrendered by the participants are repurchased by us pursuant to the terms of those
plans and the applicable award agreements and not pursuant to publicly announced share repurchase programs.
(2) Includes 27,429 shares of Class A common stock that were repurchased under a Rule 10b5-1 plan, as described
above. See Note 12 to our consolidated financial statements for further information regarding the share
repurchase program.
19