Netgear 2004 Annual Report Download - page 15

Download and view the complete annual report

Please find page 15 of the 2004 Netgear annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 110

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110

Table of Contents
PARTII
Item5.
Market for Registrant’s Common Stock, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock has been quoted on the Nasdaq National Market under the symbol “NTGR” since July31, 2003. Prior to that time,
there was no public market for our common stock. The following table sets forth for the indicated periods the high and low sales prices
for our common stock on the Nasdaq National Market. Such information reflects interdealer prices, without retail markup, markdown or
commission, and may not represent actual transactions.
Fiscal Year Ended December31, 2003
High
Low
Third Quarter (beginning July31, 2003)
$
20.90
$
14.00
Fourth Quarter
18.73
12.86
Fiscal Year Ended December31, 2004
High
Low
First Quarter
$
20.09
$
13.39
Second Quarter
15.20
10.16
Third Quarter
13.99
8.85
Fourth Quarter
18.56
12.08
On February25, 2005, there were approximately 23 stockholders of record.
Dividend Policy
We have never declared or paid cash dividends on our capital stock. We currently intend to retain future earnings, if any, to finance
the operation and expansion of our business, and we do not anticipate paying cash dividends in the foreseeable future.
Equity Compensation Plan Information
The following table summarizes the number of outstanding options granted to employees and directors, as well as the number of
securities remaining available for future issuance, under our compensation plans as of December31, 2004.
(c)
Number of Securities
(a)
Remaining Available
Number of
for Future Issuance
Securities to be
(b)
Under Equity
Issued Upon
Weighted-Average
Compensation Plans
Exercise of
Exercise Price of
(Excluding
Outstanding Options,
Outstanding Options,
Securities Reflected
Plan Category
Warrants and Rights
Warrants and Rights
in Column (a))
Equity compensation plans
approved by security holders(1)
4,147,089
$
7.00
1,475,371
Equity compensation plans not
approved by security holder
—
—
—
2005. EDGAR Online, Inc.