Whole Foods 2010 Annual Report Download - page 22

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16
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities.
Whole Foods Market’s common stock is traded on the NASDAQ Global Select Market under the symbol “WFMI.”
The Company was added to Standard & Poor’s S&P 500 index in December 2005.
The following sets forth the intra-day quarterly high and low sale prices of the Company’s common stock for fiscal years
2010 and 2009:
High Low
2010
September 28, 2009 to January 17, 2010 $ 34.40 $ 24.94
January 18, 2010 to April 11, 2010 38.80 26.88
April 12, 2010 to July 4, 2010 43.18 34.52
July 5, 2010 to September 26, 2010 40.43 33.96
2009
September 29, 2008 to January 18, 2009 $ 22.21 $ 7.04
January 19, 2009 to April 12, 2009 19.11 9.06
April 13, 2009 to July 5, 2009 23.71 17.08
July 6, 2009 to September 27, 2009 30.13 17.16
As of November 19, 2010, there were 1,547 holders of record of Whole Foods Market’s common stock, and the closing
stock price was $45.71.
Treasury Stock
On November 8, 2009, the Company’s stock repurchase program, with approximately $200 million in remaining
authorization, expired and was not renewed.
Redeemable Preferred Stock
On December 2, 2008, the Company issued 425,000 shares of Series A 8% Redeemable, Convertible Exchangeable
Participating Preferred Stock, $0.01 par value per share (“Series A Preferred Stock”) to affiliates of Leonard Green &
Partners, L.P., for approximately $413.1 million, net of approximately $11.9 million in closing and issuance costs. On
October 23, 2009, the Company announced its intent to call all 425,000 outstanding shares of the Series A Preferred Stock
for redemption in accordance with the terms governing such Series A Preferred Stock. Subject to conversion of the Series A
Preferred Stock by its holders, the Company planned to redeem such Series A Preferred Stock on November 27, 2009 at a
price per share equal to $1,000 plus accrued and unpaid dividends. In accordance with the terms governing the Series A
Preferred Stock, at any time prior to the redemption date, the Series A Preferred Stock could be converted to common stock
by the holders thereof. On November 26, 2009, the holders of the Company’s Series A Preferred Stock converted all
outstanding shares into approximately 29.7 million shares of Company common stock. The shares of common stock were
issued using a transaction exempt from registration pursuant to Section 3(a)(9) of the Securities Act of 1933, as amended.
During fiscal years 2010 and 2009, the Company paid cash dividends on the Series A Preferred Stock totaling $8.5 million
and approximately $19.8 million, respectively.
The following table summarizes information about the Company’s equity compensation plans by type as of September 26,
2010 (in thousands, except per share amounts):
Options
Weighted available
Options average for future
Plan category outstanding exercise price issuance
Approved by security holders 18,946 $ 46.00 12,677
Not approved by security holders - - -
Total 18,946 $ 46.00 12,677