Facebook 2013 Annual Report Download - page 34

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32
PART II
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information for Common Stock
Our Class A common stock has been listed on the NASDAQ Global Select Market under the symbol "FB" since May 18, 2012.
Prior to that time, there was no public market for our stock. The following table sets forth for the indicated periods the high and low
intra-day sales prices per share for our Class A common stock on the NASDAQ Global Select Market.
2013 2012
High Low High Low
First Quarter $32.51 $24.72 n/a n/a
Second Quarter (1) $29.07 $22.67 $45.00 $25.52
Third Quarter $51.60 $24.15 $32.88 $17.55
Fourth Quarter $58.58 $43.55 $28.88 $18.80
(1) The period reported for the second quarter of 2012 is from May 18, 2012 through June 30, 2012.
Our Class B common stock is not listed nor traded on any stock exchange.
Holders of Record
As of December 31, 2013, there were 4,819 stockholders of record of our Class A common stock, and the closing price of our
Class A common stock was $54.65 per share as reported on the NASDAQ Global Select Market. Because many of our shares of
Class A common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number
of stockholders represented by these record holders. As of December 31, 2013, there were 102 stockholders of record of our Class B
common stock.
Dividend Policy
We have never declared or paid any cash dividend on our common stock. We intend to retain any future earnings and do not
expect to pay dividends in the foreseeable future. In addition, our credit facility contains restrictions on our ability to pay dividends.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
None.
Recent Sale of Unregistered Securities and Use of Proceeds
Recent Sale of Unregistered Securities
None.
Use of Proceeds
On May 17, 2012, our registration statement on Form S-1 (File No. 333-179287) was declared effective by the Securities and
Exchange Commission (SEC) for our initial public offering pursuant to which we sold an aggregate of 180,000,000 shares of our
Class A common stock at a price to the public of $38.00 per share. There has been no material change in the planned use of proceeds
from our initial public offering as described in our final prospectus filed with the SEC on May 18, 2012 pursuant to Rule 424(b).