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Table of Contents
Index to Financial Statements
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
(Mark One)
or
Commission file number 1-11921
E*TRADE Financial Corporation
(Exact name of registrant as specified in its charter)
135 East 57th Street, New York, New York 10022
(Address of principal executive offices and zip code)
(646) 521-4300
(Registrant’s telephone number, including area code)
Securities Registered Pursuant to Section 12(b) of the Act:
Title of each class
Common Stock—$0.01 par value
Securities Registered Pursuant to Section 12(g) of the Act:
None
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes 2 No 32
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form
10-K or any amendment to this Form 10-K. 2
Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Exchange Act). Yes 2 No 32
At June 30, 2004, the aggregate market value of voting stock, comprised of the registrant’s common stock and shares exchangeable into
common stock, held by nonaffiliates of the registrant was approximately $4.1 billion (based upon the closing price for shares of the registrant’s
common stock as reported by the New York Stock Exchange on that date). Shares of common stock held by each officer, director and holder of
5% or more of the outstanding common stock have been excluded in that such persons may be deemed to be affiliates. This determination of
affiliate status is not necessarily a conclusive determination for other purposes.
At February 28, 2005, there were 369,337,130 shares of common stock and 1,302,801 shares exchangeable into common stock
outstanding (the “Exchangeable Shares”). The Exchangeable Shares, which were issued by EGI Canada Corporation in connection with the
acquisition of VERSUS Technologies, Inc. (renamed E*TRADE Technologies Corporation effective January 2, 2001), are exchangeable at any
time into common stock on a one-for-one basis and entitle holders to dividend, voting and other rights equivalent to holders of the registrant’s
common stock.
DOCUMENTS INCORPORATED BY REFERENCE
Definitive Proxy Statement relating to the Company’s Annual Meeting of Shareholders to be held May 26, 2005, to be filed hereafter
(incorporated into Part III hereof).
2
22
2 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE
FISCAL YEAR ENDED DECEMBER 31, 2004.
3
33
32
22
2TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR
THE TRANSITION PERIOD FROM TO .
Delaware
94-2844166
(State or other jurisdiction of
incorporation or organization) (I.R.S. Employer
Identification Number)