Redbox 2008 Annual Report Download - page 87

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after January 1, 2003, from our employee equity compensation plans. As of December 31, 2008, this authorization
allows us to repurchase up to $23.9 million of our common stock.
The following table summarizes information regarding shares repurchased during the quarter ended Decem-
ber 31, 2008:
Total Number
of Shares
Repurchased(1)
Average
Price Paid
per Share
Total Number
of Shares
Purchased as
Part of the
Publicly Announced
Repurchase Programs
Maximum
Approximate
Dollar Value
of Shares that
May Yet be
Purchased Under
the Programs
10/01/08 - 10/31/08 .......... — $ — — $23,764,092
11/01/08 - 11/30/08 .......... — — — 23,816,542
12/01/08 - 12/31/08 .......... 2,743 17.90 2,743 23,891,703
2,743 $17.90 2,743 $23,891,703
(1) Represents shares tendered for tax withholding on vesting of restricted stock awards. None of these transactions
are included against the dollar value of shares that may yet be purchased under the programs.
PART III
Item 10. Directors, Executive Officers and Corporate Governance.
Board Composition
As of March 15, 2009, the Board of Directors was composed of seven members, divided into three classes as
follows:
Name Age
Term
Expiring In
Audit
Committee
Compensation
Committee
Nominating
and Governance
Committee
Arik A. Ahitov ................ 33 2010 *
Deborah L. Bevier ............. 57 2011 ** *
David W. Cole(1) .............. 61 2009
David M. Eskenazy ............ 47 2011 ** *
Daniel W. O’Connor............ 53 2009
Robert D. Sznewajs ............ 62 2011 * *
Ronald B. Woodard ............ 66 2010 * **
* Member.
** Chairperson.
(1) Mr. Cole will retire as the Company’s Chief Executive Officer and resign from the Board effective March 31,
2009. Paul D. Davis, our Chief Operating Officer, will become the Company’s Chief Executive Officer effective
April 1, 2009, and is expected to be appointed as a member of the Board effective April 1, 2009.
Arik A. Ahitov has been a director of Coinstar since May 2008. Mr. Ahitov is currently a Vice President and
Portfolio Manager of Shamrock Capital Advisors, Inc. (a registered investment advisor), a position he has held since
September 2006. Mr. Ahitov has also served as a portfolio manager for the Shamrock Activist Value Fund since
September 2004. Mr. Ahitov obtained his Masters in Business Administration from the University of California,
Los Angeles, Anderson School of Management, which he attended from September 2002 to June 2004.
Deborah L. Bevier has been a director of Coinstar since August 2002 and has served as the Board of Directors’
non-employee Chair since October 2008. Ms. Bevier has been a principal of DL Bevier Consulting LLC (an
organizational and management consulting firm) since May 2004. Ms. Bevier also served as president of Waldron
5