TiVo 2006 Annual Report Download - page 42

Table of Contents
In September 2006, we had a cashless exercise of 1,323,120 four-year warrants at an exercise price of $5.00 resulting in the issuance of 484,231
shares of our common stock.
On September 11, 2006 we issued 8,264,463 shares of our common stock, par value $.001 per share, at $7.865 per share to institutional investors.
The issuance of shares was registered pursuant to our $100 million universal shelf registration statement on Form S-3 (File No. 333-113719). The net
proceeds from this sale were approximately $64.5 million after deducting our estimated offering expenses of $484,000.
Purchases of Equity Securities
We have reacquired shares of stock from employees, upon the vesting of restricted stock that was granted under our 1999 Employee Incentive
Plan. These shares were forfeited by the employees, and reacquired by us to satisfy the employees' minimum statutory tax withholding which is required on
restricted stock once they become vested and are shown in the following table:
Period
(a) Total Number of
Shares Purchased
(b) Average Price
Paid per share
(c) Total Number of
Share Purchased
as Part of Publicly
Announced Plans
or Programs
(d) Maximum
Number (or
Approximate Dollar
Value) of Shares
that May Yet be
Purchased Under
the Plans or
Programs
March 1 through March 31, 2006 4,454 $ 7.24 — $ —
July 1 through July 31, 2006 29,575 $ 7.37 — $ —
October 1 through October 31, 2006 46,474 $ 6.89 — $ —
The Company will continue to reacquire shares of stock from employees as their restricted stock grants vest.
Stock Performance Graph
The following table and graph compares the cumulative total stockholder returns for our common stock, the NASDAQ Composite index and the
Research Data Group ("RDG") Technology Composite index over the last five fiscal years. The graph and table assume an investment of $100 in TiVo and in
each index on January 31, 2002, and that dividends, if any were reinvested. The graph and table depict the change in value of TiVo in relation to the indices as
of January 31st of each subsequent year (and not for any interim or other period). The stock performance shown on the graph and table below is not
necessarily indicative of future price performance.
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