Saks Fifth Avenue 2011 Annual Report Download - page 18

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters
and Issuer Purchases of Equity Securities.
Market Information
The Company’s common stock is traded on the New York Stock Exchange under the symbol “SKS”. The table
below sets forth the high and low sales prices of the Company’s common stock as reported on the New York
Stock Exchange during each quarter of 2011 and 2010.
2011 2010
High Low High Low
First Quarter .................................. $ 12.97 $ 10.90 $ 10.65 $ 6.14
Second Quarter ............................... $ 12.07 $ 10.02 $ 10.37 $ 7.06
Third Quarter ................................. $ 11.50 $ 7.67 $ 11.49 $ 6.60
Fourth Quarter ................................ $ 11.24 $ 8.49 $ 12.22 $ 10.52
Holders
As of March 9, 2012, there were approximately 2,260 shareholders of record of the Company’s common stock.
Dividends
During 2011 and 2010, the Company did not declare any dividends. Future dividends, if any, will be determined
by the Company’s Board of Directors in light of circumstances then existing, including earnings, financial
requirements, and general business conditions. The Company does not anticipate declaring dividends in the
near term.
Securities Authorized for Issuance under Equity Compensation Plans
The following table provides equity compensation plan information for all plans approved and not approved by
the Company’s shareholders, as of January 28, 2012:
(In thousands, except
per share amounts) Number of securities
to be issued upon
exercise of outstanding
options, warrants and
rights (#)
(a)
Weighted-average
exercise price of
outstanding options,
warrants and
rights ($)
(b)
Number of securities
remaining available
for future issuance under
equity compensation
plans (excluding securities
in column (a)) (1)
(c)Plan Category
Equity compensation plans
approved by security holders . . . 1,605 $ 13.00 2,675
Equity compensation plans not
approved by security
holders (2) .................. 41$ 6.28 -
Total ....................... 1,646 $ 12.83 2,675
(1) This amount represents shares of common stock available for issuance under the 2009 Long-term Incentive Plan. Awards
available for grant under the 2009 Long-term Incentive Plan include stock options, stock appreciation rights, restricted
stock, performance shares, and other forms of equity awards.
(2) On April 9, 1997, the Board approved the Company’s 1997 Stock-Based Incentive Plan (the “1997 Plan”) to assist in
attracting, retaining, and motivating employees and directors. The Board amended the 1997 Plan several times. The
exercise price for all outstanding options awarded under the 1997 Plan equals the fair market value of the common stock
on the date of grant. Most options vest in four installments over four years and expire after ten years. Unvested options
16