Spirit Airlines 2013 Annual Report Download - page 31

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31
Our Repurchases of Equity Securities
The following table reflects our repurchases of our common stock during the fourth quarter of 2013. All stock
repurchases during this period were made from employees who received restricted stock grants. All stock repurchases were
made at the election of each employee pursuant to an offer to repurchase by us. In each case, the shares repurchased constituted
the portion of vested shares necessary to satisfy minimum withholding tax requirements.
ISSUER PURCHASES OF EQUITY SECURITIES
Period
Total
Number
of Shares
Purchased
Average
Price Paid
per Share
Total Number
of Shares
Purchased as
Part of Publicly
Announced
Plans or
Programs
Approximate
Dollar Value of
Shares that May
Yet be Purchased
Under Plans or
Programs.
October 1-31, 2013 . . . . . . . . . . . — N/A — —
November 1-30, 2013 . . . . . . . . . 763 $ 44.50 — —
December 1-31, 2013 . . . . . . . . . — N/A — —
Total . . . . . . . . . . . . . . . . . . . . 763 $ 44.50 — —
During the first three quarters of 2013, we repurchased and retired 103,484 shares for a total of $2.3 million. All stock
repurchases were made at the election of each employee pursuant to an offer to repurchase by us. In each case, the shares
repurchased constituted the portion of vested shares necessary to satisfy withholding tax requirements. We did not make any
open market stock repurchases during 2013.
Stock Performance Graph
The following graph compares the cumulative total stockholder return on our common stock with the cumulative total
return on the NASDAQ Composite Index and the NYSE ARCA Airline Index for the period beginning on May 26, 2011 (the
date our common stock was first traded) and ending on the last day of 2013. The graph assumes an investment of $100 in our
stock and the two indices, respectively, on May 26, 2011, and further assumes the reinvestment of all dividends. The May 26,
2011 stock price used for our stock is the initial public offering price. Stock price performance, presented for the period from
May 26, 2011 to December 31, 2013, is not necessarily indicative of future results.