Washington Post 2009 Annual Report Download - page 45

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The Diaz,Torres and Gatsiopoulos cases have been transferred to the U.S. District Court for the Southern District of
Florida, where motions to dismiss have been filed in each case and await decision by the court. The Jajdelski case is
pending in the U.S. District Court for the District of Nevada, where a motion to dismiss also has been filed and awaits
decision by the court. The Company will continue to vigorously defend each of these actions.
The Company and its subsidiaries are also subject to administrative proceedings and are defendants in various other civil
lawsuits that have arisen in the ordinary course of their businesses, including contract disputes, actions alleging libel,
invasion of privacy, patent infringement, violations of applicable wage and hour laws and claims involving current and
former students and employees. While it is not possible to predict the outcomes of these lawsuits, in the opinion of
management, their ultimate dispositions should not have a material adverse effect on the Company’s business or financial
condition.
Item 4. Reserved.
PART II
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.
Market Information and Holders
The Company’s Class B Common Stock is traded on the New York Stock Exchange under the symbol “WPO.” The
Company’s Class A Common Stock is not publicly traded.
The high and low sales prices of the Company’s Class B Common Stock during the last two years were:
2009 2008
Quarter High Low High Low
January–March ..................................... $433 $300 $823 $636
April–June ........................................ 430 326 713 552
July–September ..................................... 495 340 667 529
October–December ................................. 484 404 557 320
At January 31, 2010, there were 28 holders of record of the Company’s Class A Common Stock and 756 holders of
record of the Company’s Class B Common Stock.
Dividend Information
Both classes of the Company’s Common Stock participate equally as to dividends. Quarterly dividends were paid at the
rate of $2.15 per share during 2009 and 2008.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table and the footnote thereto set forth certain information as of January 3, 2010, concerning compensation
plans of the Company under which equity securities of the Company are authorized to be issued.
Number of Securities to
Be Issued Upon
Exercise of
Outstanding Options,
Warrants and Rights
Weighted-Average Exercise
Price of Outstanding Options,
Warrants and Rights
Number of Securities
Remaining Available for
Future Issuance Under
Equity Compensation
Plans (Excluding
Securities Reflected in
Column (a))
Plan Category (a) (b) (c)
Equity compensation plans approved by security holders ..... 90,569 $525.44 271,956
Equity compensation plans not approved by security holders . . . — — —
Total ........................................ 90,569 $525.44 271,956
This table does not include information relating to restricted stock grants awarded under The Washington Post Company Incentive Compensation Plan,
which plan has been approved by the stockholders of the Company. At January 3, 2010, there were 9,565 shares of restricted stock outstanding
under the 2007–2010 Award Cycle and 27,025 shares of restricted stock outstanding under the 2009 – 2012 Award Cycle that had been awarded
to employees of the Company and its subsidiaries under that Plan. In addition, the Company has from time to time awarded special discretionary grants
of restricted stock to employees of the Company and its subsidiaries. At January 3, 2010, there were a total of 29,430 shares of restricted stock
outstanding under special discretionary grants approved by the Compensation Committee of the Board of Directors. At January 3, 2010, a total of
85,375 shares of restricted stock were available for future awards.
2009 FORM 10-K 31