Under Armour 2010 Annual Report Download - page 31

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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 is traded on the New York Stock Exchange (“NYSE”) under the
symbol “UA”. As of January 31, 2011, there were 1,106 record holders of our Class A Common Stock and 5
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 NYSE during 2010 and 2009.
High Low
2010
First Quarter (January 1 – March 31) $31.16 $23.72
Second Quarter (April 1 – June 30) $38.87 $29.12
Third Quarter (July 1 – September 30) $46.10 $31.63
Fourth Quarter (October 1 – December 31) $60.14 $44.07
2009
First Quarter (January 1 – March 31) $26.48 $11.94
Second Quarter (April 1 – June 30) $26.48 $15.78
Third Quarter (July 1 – September 30) $31.24 $19.49
Fourth Quarter (October 1 – December 31) $33.31 $25.26
Dividends
No cash dividends were declared or paid during 2010 or 2009 on any class of our common stock. We
currently anticipate 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, under our credit facility, we must comply with a
fixed charge coverage ratio that could limit our ability to pay dividends to our stockholders. Refer to “Financial
Position, Capital Resources and Liquidity” within Management’s Discussion and Analysis and Note 6 to the
Consolidated Financial Statements for further discussion of our 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,
warrants and rights
(a)
Weighted-average
exercise price of
outstanding options,
warrants and rights
(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 3,069,880 $25.31 6,710,370
Equity Compensation plans not approved by
security holders 480,000 $36.99 —
The number of securities to be issued upon exercise of outstanding options, warrants and rights issued under
equity compensation plans approved by security holders includes 95.6 thousand restricted stock units and
deferred stock units issued to employees, non-employees and directors of Under Armour; these restricted stock
units and deferred stock units are not included in the weighted average exercise price calculation above. The
number of securities remaining available for future issuance includes 5.9 million shares of our Class A Common
23