SanDisk 2006 Annual Report Download - page 82

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On February 20, 2007, Texas MP3 Technologies Ltd. filed suit against the Company, Samsung Electronics Co.,
Ltd., Samsung Electronics America, Inc. and Apple Computer, Inc., Case No. 2:07-CV-52, in the Eastern District of
Texas, Marshall Division, alleging patent infringement related to MP3 players.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matters were submitted to a vote of security holders during the fourth quarter of fiscal 2006.
PART II
ITEM 5. MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market For Our Common Stock. Our common stock is traded on the NASDAQ Global Select Market under
the symbol “SNDK.” The following table summarizes the high and low sale prices for our common stock as reported
by the NASDAQ Global Select Market.
High Low
2005
First quarter .................................................. $28.42 $20.25
Second quarter ................................................ $29.03 $23.45
Third quarter.................................................. $48.58 $23.41
Fourth quarter ................................................. $65.49 $45.65
2006
First quarter .................................................. $79.80 $52.15
Second quarter ................................................ $66.20 $49.16
Third quarter.................................................. $60.94 $37.34
Fourth quarter ................................................. $62.24 $42.00
Holders. As of January 31, 2007, we had approximately 619 stockholders of record.
Dividends. We have never declared or paid any cash dividends on our common stock and do not expect to pay
cash dividends on our common stock in the foreseeable future.
33
Annual Report