Under Armour 2007 Annual Report Download - page 33

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Under Armour’s Class A Common Stock was traded on the NASDAQ National Market under the symbol
“UARM” from November 18, 2005 until December 18, 2006. Since December 18, 2006, Under Armour’s
Class A Common Stock has been traded on the New York Stock Exchange (“NYSE”) under the symbol “UA”.
As of January 31, 2008, there were 621 record holders of our Class A Common Stock and 3 record holders of
Class B Convertible Common Stock which are beneficially owned by our President and Chief Executive Officer,
Kevin A. Plank. The following table sets forth by quarter the high and low sale prices of our Class A Common
Stock on the NASDAQ National Market and NYSE during 2007 and 2006.
High Low
2007
First Quarter (January 1 – March 31) .................................... $52.30 $43.34
Second Quarter (April 1 – June 30) ..................................... $53.23 $41.37
Third Quarter (July 1 – September 30) ................................... $73.40 $45.66
Fourth Quarter (October 1 – December 31) ............................... $63.90 $41.51
2006
First Quarter (January 1 – March 31) .................................... $41.90 $25.85
Second Quarter (April 1 – June 30) ..................................... $43.50 $30.75
Third Quarter (July 1 – September 30) ................................... $43.50 $32.20
Fourth Quarter (October 1 – December 31) ............................... $54.00 $39.33
Dividends
No cash dividends were declared or paid during 2007 or 2006 on any class of our common stock. We
currently anticipate that we will retain any future earnings for use in our business. As a result, we do not
anticipate paying any cash dividends in the foreseeable future. In addition, our revolving credit facility limits our
ability to pay dividends to our stockholders. See “Financial Position, Capital Resources and Liquidity” within
Management’s Discussion and Analysis for further discussion of our revolving credit facility.
Stock Compensation Plans
The following table contains certain information regarding our equity compensation plans.
Plan Category
Number of
securities to be
issued upon exercise of
outstanding options
and warrants
(a)
Weighted-average
exercise price of
outstanding options
and warrants
(b)
Number of
securities
remaining
available for future
issuance under
equity
compensation plans
(excluding securities
reflected in column (a))
(c)
Equity Compensation plans approved by security
holders ................................ 2,125,711 $ 8.23 2,824,897
Equity Compensation plans not approved by
security holders ......................... 480,000 $36.99
The number of securities remaining available for future issuance includes 1,863,929 shares of our Class A
Common Stock under our 2005 Omnibus Long-Term Incentive Plan (2005 Stock Plan) and 960,968 shares of our
Class A Common Stock under our Employee Stock Purchase Plan. In addition to securities issued upon the
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