Priceline 2010 Annual Report Download - page 113

Download and view the complete annual report

Please find page 113 of the 2010 Priceline annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 200

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200

39
Sales of Unregistered Securities
In 2010, we issued 491,724 shares of our common stock to holders of our 2.25% Convertible Senior Notes
upon the conversion of approximately $22.9 million principal amount of notes; we issued 419,818 shares of our
common stock to holders of our 2011 Notes upon the conversion of approximately $39.9 million principal amount
of notes; and we issued 2,546,286 shares of our common stock to holders of our 2013 Notes upon conversion of
approximately $132.8 million principal amount of notes. Such issuances of shares of our common stock were made
under Section 4(2) of the Securities Act of 1933, as amended. See Note 11 to the Consolidated Financial
Statements.
Issuer Purchases of Equity Securities
The following table sets forth information relating to repurchases of our equity securities during the three
months ended December 31, 2010:
ISSUER PURCHASES OF EQUITY SECURITIES
Period
(a) Total Number
of Shares (or
Units) Purchased
(b) Average
Price Paid per
Share (or Unit)
(c) Total Number of
Shares (or Units)
Purchased as Part of
Publicly Announced
Plans or Programs
(d) Maximum Number (or
Approximate Dollar Value)
of Shares (or Units) that May
Yet Be Purchased Under the
Plans or Programs
October 1, 2010
October 31, 2010
8,8404 $348.34
$44,866,0001
$20,447,0002
$393,917,0003
November 1, 2010 –
November 30, 2010
1,7304 $411.91
$44,866,0001
$20,447,0002
$393,917,0003
December 1, 2010 –
December 31, 2010
– –
$44,866,0001
$20,447,0002
$393,917,0003
Total 10,5704 $358.74 $459,230,000
1 Pursuant to a stock repurchase program announced on November 2, 2005, whereby the Company was authorized to repurchase
up to $50,000,000 of its common stock.
2 Pursuant to a stock repurchase program announced on September 21, 2006, whereby the Company was authorized to
repurchase up to $150,000,000 of its common stock.
3 Pursuant to a stock repurchase program announced on March 4, 2010, whereby the Company was authorized to repurchase up
to $500,000,000 of its common stock.
4 Pursuant to a general authorization, not publicly announced, whereby the Company is authorized to repurchase shares of its
common stock to satisfy employee withholding tax obligations related to stock-based compensation.