Under Armour 2006 Annual Report Download - page 30

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The number of securities issued under equity compensation plans not approved by security holders includes
480,000 fully vested and non-forfeitable warrants granted in 2006 to NFL Properties LLC as partial consideration
for footwear promotional rights (see Note 9 to the Consolidated Financial Statements for a further discussion on
the warrants).
Recent Sales of Unregistered Equity Securities
From November 2, 2006 through January 12, 2007, we issued 179,350 shares of Class A Common Stock
upon the exercise of previously granted employee stock options to employees at a weighted average exercise
price of $2.14 per share, for an aggregate amount of consideration of $383,846. The following issuances of
Class A Common Stock were made on the dates indicated at exercise prices totaling the aggregate amount of
consideration set forth in the following table:
Date
Number
of Shares
Issued
Aggregate
Amount of
Exercise
Price
November 2, 2006 ........................................ 17,550 $127,707
November 3, 2006 ........................................ 70,750 76,821
November 6, 2006 ........................................ 17,000 53,190
November 8, 2006 ........................................ 25 66
November 15, 2006 ....................................... 30,000 5,000
November 30, 2006 ....................................... 500 83
December 4, 2006 ........................................ 100 265
December 6, 2006 ........................................ 1,000 167
December 12, 2006 ....................................... 1,175 11,234
January 11, 2007 ......................................... 10,000 26,500
January 12, 2007 ......................................... 31,250 82,813
TOTAL ................................................ 179,350 $383,846
The issuances of securities described above were made in reliance upon Section 4(2) under the Securities
Act in that any issuance did not involve a public offering or under Rule 701 promulgated under the Securities
Act, in that they were offered and sold either pursuant to written compensatory plans or pursuant to a written
contract relating to compensation, as provided by Rule 701.
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