LeapFrog 2002 Annual Report Download - page 30

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PART II
Item 5. Market for Registrant’s Common Equity and Related Stockholder Matters.
Market Information and Holders
Our Class A common stock is listed on the New York Stock Exchange, or the NYSE, under the symbol
“LF” There is no established public trading market for the Class B common stock. On January 31, 2003, there
were approximately 347 holders of record of our Class A common stock and four holders of record of our
Class B common stock.
The following table sets forth for the calendar quarter indicated the high and low sales prices per share of
our Class A common stock on the NYSE. The Class A common stock began trading on the NYSE on July 25,
2002.
2002 High Low
Third quarter (commencing July 25, 2002) .......................... $19.30 $13.00
Fourth quarter ................................................ $35.70 $14.95
Dividend Policy
We have never declared or paid any cash dividends on our capital stock. Our current credit facility prohibits
our payment of cash dividends. We expect to retain any future earnings to fund the development and expansion
our business. Therefore, we do not anticipate paying cash dividends on our common stock in the foreseeable
future.
Equity Compensation Plan Information
The following table shows certain information concerning our Class A common stock to be issued in
connection with our equity compensation plans as of December 31, 2002:
Plan Category
Number of securities to
be issued upon exercise
of outstanding options,
warrants and rights
(a)
Weighted-average exercise
price of outstanding
options, warrants and
rights
(b)
Number of securities remaining
available for future issuance
under equity compensation
plans (excluding securities
reflected in column (a))
(c)
Equity compensation plans
approved by security holders .... 10,197,053 $6.96 6,969,269(1)
Equity compensation plans not
approved by security holders .... 0 $0.00 0
Total ......................... 10,197,053 $6.96 6,969,269
(1) Includes 2,000,000 shares reserved for issuance under our 2002 Employee Stock Purchase Plan.
For a discussion of our equity compensation plans, see “Note 15 Stockholders’ Equity” in the Notes to
Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.
Use of Proceeds
Our Registration Statement on Form S-1 (SEC File No. 333-86898) for our initial public offering was
declared effective July 24, 2002, covering an aggregate of 10,350,000 shares of Class A common stock,
including the underwriters’ over-allotment option.
25