Stamps.com 2010 Annual Report Download - page 28

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TABLE OF CONTENTS
Securities Authorized for Issuance under Equity Compensation Plans
Equity Compensation Plan Information
The following table provides information as of December 31, 2010 with respect to shares of our common stock that may be
issued under our existing stock incentive plans, all of which were approved by our stockholders:
Recent Sales of Unregistered Securities
We did not have any unregistered sales of common stock during 2010.
Issuer Purchases of Equity Securities
We did not purchase any shares of our common stock during the fourth quarter of 2010.
On July 22, 2010, our Board of Directors approved a share repurchase plan effective upon the expiration of the previous plan
in August 2010, authorizing us to repurchase up to 2.0 million shares of Stamps.com stock from August 2010 to February 2011.
On February 3, 2011, the Board of Directors approved a new share repurchase plan effective upon the expiration of the current
plan on February 15, 2011, authorizing the Company to repurchase up to 1.0 million shares of Stamps.com stock during the next
six months.
We will consider repurchasing stock in the future by evaluating such factors as the price of the stock, the daily trading
volume and the availability of large blocks of stock and any additional constraints related to material inside information we may
possess. Our repurchase of any of our shares will be subject to limitations that may be imposed on such repurchases by
applicable securities laws and regulations and the rules of The NASDAQ Stock Market. Repurchases may be made in the open
market, or in privately negotiated transactions from time to time at our discretion. We have no commitment to make any
repurchases.
Number of shares of
common stock to be
issued upon exercise
of outstanding options,
warrants and rights
(a)
Weighted-average exercise
price of outstanding options,
warrants and rights
Number of shares of
common stock remaining
available for future
issuance under equity
compensation plans
(excluding shares
reflected in column (a))
2,265,393 $12.87 3,292,550
23