FairPoint Communications 2006 Annual Report Download - page 37
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Our credit facility also permits us to use available cash to repurchase shares of our capital stock, subject to the same conditions.
See “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity” in this Annual Report for a more
detailed description of our credit facility and these restrictions.
The table below provides information, as of the end of the most recently completed fiscal year, concerning securities authorized for issuance under our
equity compensation plans.
Equity compensation plans approved by our
stockholders 1,077,417 $15.52 280,880
Equity compensation plans not approved by
our stockholders 0$0 0
(1) Includes 832,888 options to purchase shares of our common stock under the FairPoint Communications, Inc. (formerly MJD Communications, Inc.)
1998 Stock Incentive Plan, 209,075 options to purchase shares of our common stock under the FairPoint Communications, Inc. 2000 Employee Stock
Incentive Plan, 14,549 restricted units granted under the FairPoint Communications, Inc. 2000 Employee Stock Incentive Plan and 20,905 restricted
units granted under the FairPoint Communications, Inc. 2005 Stock Incentive Plan.
(2) Includes 280,880 shares under the FairPoint Communications, Inc. 2005 Stock Incentive Plan. Available shares shown above for the FairPoint
Communications, Inc. 2005 Stock Incentive Plan include shares that have become available due to forfeitures or have been re-acquired by the Company
for any reasons without delivery of the stock, as allowed under the terms of the plan.
None of our equity securities registered pursuant to Section 12 of the Exchange Act were purchased by us or affiliated purchasers, as defined in
Rule 10b-18(a)(3) under the Exchange Act, during 2006.
We did not sell any unregistered equity securities during 2006.
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