Ulta 2015 Annual Report Download - page 31

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Purchases of equity securities by the issuer and affiliated purchasers
The following table sets forth repurchases of our common stock during the fourth quarter of 2015:
Period
Total number
of shares
purchased(1)
Average price
paid per
share
Total number of
shares purchased
as part of publicly
announced plans
or programs(2)
Approximate dollar
value of shares that
may yet to be
purchased under
plans or programs
(in thousands)(2)
November 1, 2015 to November 28, 2015 . . . . 83,970 $167.90 83,970 $224,705
November 29, 2015 to December 26, 2015 . . . . 74,821 179.46 74,821 211,277
December 27, 2015 to January 30, 2016 . . . . . . 104,089 179.62 103,551 192,680
13 weeks ended January 30, 2016 . . . . . . . . . . . 262,880 175.83 262,342 192,680
(1) There were 262,342 shares repurchased as part of our publicly announced share repurchase program during the
three months ended January 30, 2016 and there were 538 shares transferred from employees in satisfaction of
minimum statutory tax withholding obligations upon the vesting of restricted stock during the period.
(2) On September 11, 2014, we announced that our Board of Directors authorized a new share repurchase
program (the 2014 Share Repurchase Program) pursuant to which the Company may repurchase up to $300
million of the Company’s common stock. The 2014 Share Repurchase Program authorization revoked the
previously authorized, but unused amounts of $112.7 million from our prior 2013 Share Repurchase
Program. The 2014 Share Repurchase Program did not have an expiration date and could be suspended or
discontinued at any time. On March 12, 2015, we announced that our Board of Directors authorized an
increase of $100 million to the 2014 Share Repurchase Program effective March 17, 2015. As of January 30,
2016, $192.7 million remained available under the $400 million 2014 Share Repurchase Program.
On March 10, 2016, we announced that the Board of Directors authorized a new share repurchase program
(the 2016 Share Repurchase Program) pursuant to which the Company may repurchase up to $425 million of
the Company’s common stock. The 2016 Share Repurchase Program authorization revokes the previously
authorized but unused amounts from the 2014 Share Repurchase Program. As part of the 2016 Share
Repurchase Program, the Company entered into an Accelerated Share Repurchase agreement with Goldman,
Sachs & Co. to repurchase $200 million of the Company’s common stock. For additional information, see
Note 16 to our consolidated financial statements, “Subsequent Event” included in this Annual Report on
Form 10-K.
Recent sales of unregistered securities
None.
Securities authorized for issuance under equity compensation plans
The following table provides information about Ulta Beauty common stock that may be issued under our equity
compensation plans as of January 30, 2016.
Plan category
Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights(2)
Weighted-average
exercise price of
outstanding options,
warrants and rights(3)
Number of securities
remaining available
for future issuance
under equity
compensation plans(4)
Equity compensation plans approved by security
holders(1) .............................. 1,103,517 $104.58 4,095,792
Equity compensation plans not approved by
securityholders ......................... —— —
Total .................................... 1,103,517 $104.58 4,095,792
(1) Includes options issued and available for exercise and shares available for issuance in connection with past
awards under the 2011 Incentive Award Plan and predecessor equity incentive plans. We currently grant
awards only under the 2011 Incentive Award Plan.
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