Memorex 2011 Annual Report Download - page 19

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.
(a) — (b)
As of February 22, 2012, there were 38,316,993 shares of our common stock, $0.01 par value (common stock),
outstanding and held by 21,070 shareholders of record. Our common stock is listed on the New York Stock Exchange and the
Chicago Stock Exchange under the symbol “IMN.” No dividends were declared or paid during 2011 or 2010.
Unregistered Sales of Equity Securities
On November 21, 2011, Imation Corp. entered into an agreement to purchase certain intellectual property with Nine
Technology, LLC (Nine Technology). A portion of the consideration paid to Nine Technology consisted of 75,534 common
shares, $0.01 par value, issued by Imation Corp. The shares were not registered under the Securities Act of 1933, as
amended (the Act) by reason of the exemption under Section 4(2) of the Act. The shares were issued in a private transaction
to one entity which represented its investment intent with respect to the shares. Nine Technology must hold the shares
indefinitely unless they are registered with the Securities and Exchange Commission and qualified by state authorities, or an
exemption from such registration and qualification requirement is available.
The following table sets forth, for the periods indicated, the high and low sales prices of common stock as reported on
the New York Stock Exchange.
2011 Sales Prices 2010 Sales Prices
High Low High Low
First quarter .................................... $12.36 $9.81 $11.81 $8.46
Second quarter .................................. $11.97 $8.50 $12.59 $8.56
Third quarter .................................... $ 9.98 $6.64 $10.72 $8.41
Fourth quarter ................................... $ 8.00 $5.40 $11.12 $9.14
(c) Issuer Purchases of Equity Securities
No shares were repurchased by the Company during the fourth quarter of 2011. Employees tendered 1,804 shares to
pay taxes related to awards vesting during the quarter.
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