EMC 2005 Annual Report Download - page 21

Table of Contents
PART II
ITEM 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF
EQUITY SECURITIES
Our common stock, par value $.01 per share, trades on the New York Stock Exchange under the symbol EMC.
The following table sets forth the range of high and low sales prices of our common stock on the New York Stock Exchange for the past two years
during the fiscal periods shown.
Fiscal 2005
High Low
First Quarter $ 15.09 $ 11.79
Second Quarter 14.88 11.10
Third Quarter 14.78 12.05
Fourth Quarter 14.55 12.70
Fiscal 2004
High Low
First Quarter $ 15.80 $ 12.11
Second Quarter 13.75 9.97
Third Quarter 11.61 9.24
Fourth Quarter 14.96 11.69
We had 15,607 holders of record of our common stock as of March 1, 2006.
We have never paid cash dividends on our common stock. While subject to periodic review, the current policy of our Board of Directors is to retain
cash and investments primarily to provide funds for our future growth. Additionally, we use cash to repurchase our common stock.
EQUITY COMPENSATION PLAN INFORMATION
The following table sets forth certain information regarding EMC's equity compensation plans as of December 31, 2005.
Plan Category
Number of
securities
to be issued upon
exercise of
outstanding options,
warrants and
rights(1)
Weighted-average
exercise price per
share of outstanding
options, warrants and
rights(1)
Number of
securities remaining
available for future
issuance under
equity compensation
plans (excluding
securities reflected
in column (a))
Equity compensation plans approved
by security holders
(a)
257,853,512 $
(b)
11.61
(c)
106,072,260
(2)
Equity compensation plans not
approved by security holders(3) 50,000 $ 21.83 0
Total: 257,903,512 $ 11.61 106,072,260
(1) Does not include an aggregate of 38,346,581 shares of common stock to be issued (subject to vesting) upon the exercise of outstanding option grants, with a weighted exercise price
of $9.17 per share, assumed by EMC in connection with various acquisitions. The option plans relating to such outstanding options were approved by the respective security holders
of the acquired companies.
(2) Includes 16,539,063 shares of common stock available for future issuance under our employee stock purchase plan. Also includes up to 33,736,691 shares available for future
issuance under the 2003 Stock Plan in the form of awards of restricted stock or restricted stock units.
(3) In January 1999 and January 2002, EMC entered into Stock Option Agreements with its Secretary, pursuant to which EMC granted to such person non-qualified options to purchase
40,000 and 10,000 shares, respectively, of common stock. Such option grants did not receive shareholder approval. The options are exercisable in annual increments of 20% over a
five-year period and will expire on the tenth anniversary of the respective dates of grant; provided, however, that if the option holder ceases to serve as an officer of EMC for any
reason, the options will terminate on the date such service terminates with respect to any shares subject to the options, whether such shares are vested or unvested on such date. The
exercise price for the options are $23.39 and $15.60 per share, respectively. As of December 31, 2005, an aggregate of 50,000 shares of common stock were issuable (subject to
vesting) upon the exercise of the options.