Green Dot 2010 Annual Report Download - page 41

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our proposed acquisition of a bank holding companyand its subsidiary commercial bank, as a bank holding
company, our ability to pay future dividends could be limited by the capital requirements imposed under the
BHC Act, as well as other federal laws applicable to banks and bank holding companies.
ITEM 1B. Unresolved Staff Comments
Not applicable.
ITEM 2. Properties
We lease approximately 80,000 square feet in Monrovia, California for our corporate headquarters,
pursuant to a noncancelable lease agreement for approximately 53,000 square feet that expires, as to
approximately 4,000 square feet, in December 2011 and, as to the remainder, in September 2012 and
sub-lease agreements for a total of approximately 27,000 square feet that expire in December 2011. We
believe our space is adequate for our current needs and that suitable additional or substitute space will be
available to accommodate the foreseeable expansion of our operations.
ITEM 3. Legal Proceedings
From time to time, we may be subject to legal proceedings and claims in the ordinary course of business.
We are not currently a party to any material legal proceedings, and to our knowledge none is threatened.
ITEM 4. (Removed and Reserved)
PART II
ITEM 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Pur-
chases of Equity Securities
Market Information
Our Class A common stock has been listed on the NYSE under the symbol “GDOT” since July 22,
2010. Prior to that date, there was no public trading market for our Class A common stock. Our initial public
offering was priced at $36.00 per share on July 21, 2010. The following table sets forth for the periods
indicated the high and low sales prices per share of our Class A common stock as reported on the NYSE.
Our Class B common stock is not publicly traded.
Low High
Year ended December 31, 2010
Fourth Quarter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44.50 $65.10
Third Quarter (beginning July 22, 2010) . . . . . . . . . . . . . . . . . . . . . . . . . $41.13 $54.24
Holders of Record
As of January 31, 2011, we had 66 holders of record of our Class A common stock and 146 holders of
record of our Class B common stock. The actual number of stockholders is greater than this number of
record holders, and includes stockholders who are beneficial owners, but whose shares are held in street
name by brokers and other nominees. This number of holders of record also does not include stockholders
whose shares may be held in trust by other entities.
Dividends
We have never declared or paid any cash dividends on our capital stock, and we do not currently
intend to pay any cash dividends on our Class A common stock for the foreseeable future. Should we
complete our proposed acquisition of a bank holding company and its subsidiary commercial bank, as a
bank holding company, the Federal Reserve Board’s risk-based and leverage capital requirements, as well
as other federal laws applicable to banks and bank holding companies, could limit our ability to pay
32