Sunbeam 2007 Annual Report Download - page 48

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Recent Sales of Unregistered Securities
In December 2007, the Company issued approximately 60,000 shares of common stock pursuant to the
Company’s Amended and Restated 2003 Stock Incentive Plan, as amended, to certain employees of the
Company without cash proceeds. The issuance of these shares has not been registered under the Securities Act of
1933 (the “Act”) but was exempt from registration pursuant to Section 4(2) of the Act as a transaction not
involving a public offering. Transfer of the restricted common stock is subject to the restrictions and limitations
of the Act.
Recent Purchase of our Registered Equity Securities by the Issuer and Affiliated Purchases
The following table provides information about purchases by the Company during the three months ended
December 31, 2007, of equity securities that are registered by the Company pursuant to Section 12 of the
Securities Exchange Act of 1934, as amended:
Period
Total Number
of Shares
Purchased(1)
Average
Price Paid
Per Share
Total Number of
Shares Purchased
as Part of a Publicly
Announced
Repurchase Plan(1)
Approximate
Dollar Value of
Shares that May
Yet be Purchased
Under the Plan(1)
October 1 – October 31, 2007 ................ — — — $100,000,000
November 1 – November 30, 2007(2) .......... 838,477 $27.06 838,477 77,306,860
December 1 – December 31, 2007 ............ 256,958 25.01 256,958 70,880,560
Total .................................... 1,095,435 $26.58 1,095,435
(1) On November 8, 2007, the Company announced that its Board of Directors has authorized a new stock
repurchase program that would allow the Company to repurchase up to $100 million of its common stock.
(2) Excludes shares tendered for the payment of withholding obligations pursuant to the terms of the
Company’s Amended and Restated 2003 Stock Incentive Plan, as amended, which allows employees to
surrender shares of stock earned as part of their awards as payment towards the tax withholding obligations
in connection with the vesting of such awards. On November 7, 2007, an aggregate of 366,850 shares of the
Company’s common stock were tendered to the Company in return for payment of minimum statutory
withholding taxes. The shares surrendered were valued at approximately $10.2 million or approximately
$27.90 per share.
36