LeapFrog 2003 Annual Report Download - page 27

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PART II
Item 5. Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases
of Equity Securities.
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 our Class B common stock. On March 1, 2004, there
were approximately 650 holders of record of our Class A common stock and six 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.
2003 High Low
First quarter ................................................ $28.14 $19.01
Second quarter .............................................. $34.06 $22.93
Third quarter ............................................... $40.36 $27.65
Fourth quarter .............................................. $46.54 $24.05
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
of 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, 2003:
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 ....................... 6,469,031 $11.84 5,920,765(1)
Equity compensation plans not approved by
security holders ....................... 0 $ 0.00 0
TOTAL ............................... 6,469,031 $11.84 5,920,765
(1) Includes 1,844,068 shares reserved for issuance under our 2002 Employee Stock Purchase Plan.
For a discussion of our equity compensation plans, see “Note 16. Stockholders’ Equity” in the Notes to
Consolidated Financial Statements included in this annual report on Form 10-K.
21
PART II