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Table of Contents
PART II
Market Information
Our Class A common stock, par value $0.01 per share, trades on the New York Stock Exchange under the symbol VMW.
The following table sets forth the range of high and low sales prices of our Class A common stock on the New York Stock Exchange for the
past two years during the fiscal periods shown. Our Class B common stock is not publicly traded.
Holders
We had 83 holders of record of our Class A common stock, and one holder of record, EMC Corporation (“EMC”), of our Class B common
stock as of February 17, 2012.
Dividends
Subsequent to our initial public offering in August 2007, we have not declared or paid cash dividends on our common stock. We currently
do not anticipate declaring any cash dividends in the foreseeable future. Any future determination to declare cash dividends will be made at the
discretion of our board of directors, subject to the consent of the holders of our Class B common stock pursuant to our certificate of
incorporation. Holders of our Class A common stock and our Class B common stock will share equally on a per share basis in any dividend
declared on our common stock by our board of directors.
Recent Sales of Unregistered Securities
None.
Issuer Purchases of Equity Securities
Issuer purchases of Class A common stock during the quarter ended December 31, 2011:
33
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
Market Prices
High
Low
Year ended December 31, 2011
First Quarter
$
97.61
$
74.04
Second Quarter
102.74
77.76
Third Quarter
111.43
76.70
Fourth Quarter
104.38
74.69
Year ended December 31, 2010
First Quarter
$
54.99
$
41.09
Second Quarter
73.10
51.23
Third Quarter
89.18
61.17
Fourth Quarter
91.95
71.04
Total Number
of Shares
Purchased
(1)(2)
Average Price
Paid Per Share
(1)(2)
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans or
Programs
(2)
Approximate Dollar Value
of Shares That May Yet Be
Purchased Under the Publicly
Announced Plans or Programs
(2)(3)(4)
October 1 – October 31, 2011
656,885
$
82.89
415,552
$
85,374,646
November 1 – November 30, 2011
143,200
92.86
—
85,374,646
December 1 – December 31, 2011
279,800
90.42
—
85,374,646
1,079,885
86.16
415,552
(1) Includes 664,333 shares purchased by EMC in open market transactions. In the three months ended March 31, 2010, EMC announced a
stock purchase program of VMware’
s Class A common stock to maintain its approximate level of ownership in VMware over the long term.
Inclusion of EMC’s purchases in the above table does not indicate that EMC is deemed to be an “affiliated purchaser” with respect to the
VMware stock repurchase program discussed in the following footnote. Shares purchased by EMC remain issued and outstanding.