SanDisk 2006 Annual Report Download - page 25

Download and view the complete annual report

Please find page 25 of the 2006 SanDisk 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 160

  • 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
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160

SECURITY OWNERSHIP OF CERTAIN
BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
The following table sets forth certain information regarding the ownership of the Company’s Common Stock
as of March 1, 2007 by (i) all persons known by the Company, based solely on inspection of 13G filings made with
the SEC, to be beneficial owners of five percent (5%) or more (as set forth in the Beneficial Ownership Table
included below) of its outstanding Common Stock, (ii) each Director of the Company, (iii) the Named Executive
Officers (as defined below under “Compensation Discussion and Analysis”), and (iv) all current executive officers
and Directors of the Company as a group. Unless otherwise indicated, the principal address of each of the
stockholders below is c/o SanDisk Corporation, 601 McCarthy Boulevard, Milpitas, California 95035.
Unless otherwise indicated and pursuant to applicable community property laws, the persons named in the
following table have sole voting and investment power with respect to all shares of Common Stock. The number of
shares beneficially owned includes Common Stock of which such individual has the right to acquire beneficial
ownership either currently or within 60 days after March 1, 2007, including, but not limited to, upon the exercise of
a stock option.
Percentage of beneficial ownership is based upon 227,972,422 shares of Common Stock outstanding on
March 1, 2007. For each individual, this percentage includes Common Stock of which such individual has the right
to acquire beneficial ownership either currently or within 60 days after March 1, 2007, including, but not limited to,
upon the exercise of a stock option; however, such Common Stock will not be deemed outstanding for the purpose
of computing the percentage owned by any other individual. Such calculation is required by General
Rule 13d-3(d)(1)(i) under the Securities Exchange Act of 1934, as amended.
Name or Group of Beneficial Owners
Number of
Shares
Percentage Owned
(%)
Amount and Nature of Beneficial
Ownership
Entities Controlled by Capital Group International, Inc.(1) ........ 32,903,820 14.43
Entities Controlled by ClearBridge Advisors, LLC(2) ........... 15,881,535 6.97
Delaware Management Holdings(3) ......................... 12,506,143 5.49
Judy Bruner(4) ........................................ 313,032 *
Yoram Cedar(5) ....................................... 405,576 *
Nelson Chan(6) ....................................... 223,205 *
Irwin Federman(7) ..................................... 123,844 *
Steven J. Gomo(8) ..................................... 26,639 *
Dr. Eli Harari(9) ....................................... 5,156,045 2.26
Eddy W. Hartenstein(10) ................................. 32,784 *
Catherine P. Lego(11) ................................... 399,548 *
Michael E. Marks(12) ................................... 140,500 *
Sanjay Mehrotra(13) .................................... 658,788 *
Dr. James D. Meindl(14)................................. 127,089 *
Dr. Randhir Thakur(15) ................................. 89,270 *
All directors and current executive officers as a group
(11 persons)(16) ..................................... 7,473,115 3.28
* Less than 1% of the outstanding Common Stock.
(1) The principal address of Capital Group International, Inc. (“CGII”) is 11100 Santa Monica Blvd., Los
Angeles, California 90025. Pursuant to a joint Schedule 13G/A filed with the SEC on February 12, 2007 by
and on behalf of CGII, Capital Guardian Trust Company (“CGTC”) and Capital International Limited
(“CIL”), CGII reported that it had sole voting power over 27,351,810 shares of Common Stock and sole
dispositive power over 32,903,820 shares of Common Stock, CGTC reported that it had sole voting power
over 10,243,710 shares of Common Stock and sole dispositive power over 12,905,750 shares of Common
18