Papa Johns 2014 Annual Report Download - page 34

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21
Lance F. Tucker was appointed Chief Administrative Officer in July 2012 and Chief Financial Officer
and Treasurer in February 2011. Mr. Tucker previously held the positions of Chief of Staff and Senior
Vice President, Strategic Planning from June 2010 to February 2011, after serving as Chief of Staff and
Vice President, Strategic Planning since June 2009. Mr. Tucker was previously employed by the
Company from 1994 to 1999 working in its finance department. From 2003 to 2009, Mr. Tucker served
as Chief Financial Officer of Evergreen Real Estate, a company owned by John Schnatter. Mr. Tucker is a
licensed Certified Public Accountant.
There are no family relationships among our executive officers and other key personnel.
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities
Our common stock trades on The NASDAQ Global Select Market tier of The NASDAQ Stock Market
under the symbol PZZA. As of February 17, 2015, there were 804 record holders of common stock.
However, there are significantly more beneficial owners of our common stock than there are record
holders. The following table sets forth, for the quarters indicated, the high and low sales prices of our
common stock, as reported by The NASDAQ Stock Market, and dividends declared per common share.
The 2013 sales prices have been adjusted to reflect a two-for-one split of the Company’s outstanding
shares of stock. The stock split was effected in the form of a stock dividend and entitled each shareholder
of record at the close of business on December 12, 2013 to receive one additional share for every
outstanding share of stock held on the record date. The stock dividend of approximately 21.0 million
shares of stock was distributed on December 27, 2013.
2014 High Low
Dividends
Declared
per Share
First Quarter 55.00$ 44.95$ 0.125$
Second Quarter 52.72 40.00 0.125
Third Quarter 45.50 37.32 0.140
Fourth Quarter 57.00 39.49 0.140
2013 High Low
Dividends
Declared
per Share
First Quarter 31.16$ 24.94$ -$
Second Quarter 33.61 29.50 -
Third Quarter 36.20 32.78 0.125
Fourth Quarter 46.12 33.88 0.125
Our Board of Directors declared a quarterly dividend of $0.14 per share on January 28, 2015 that was
payable on February 20, 2015 to shareholders of record at the close of business on February 9, 2015.
We anticipate continuing the payment of quarterly cash dividends. The actual amount of such dividends is
subject to declaration by our Board of Directors and will depend upon future earnings, results of
operations, capital requirements, our financial condition and other relevant factors. There can be no
assurance that the Company will continue to pay quarterly cash dividends.