Facebook 2014 Annual Report Download - page 31

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PART II
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.
Our Class B common stock is not listed nor traded on any stock exchange.
Holders of Record
As of December 31, 2014 , there were 5,182
stockholders of record of our Class A common stock, and the closing price of our Class A common
stock was $78.02
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, 2014 , there were 61 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
On October 6, 2014, we issued 177,760,669 shares of our Class A common stock as consideration to 49 individuals and 16 entities in connection
with our acquisition of all the outstanding shares of a company. The sales of these securities were exempt from registration under the Securities Act of
1933, as amended (Securities Act) in reliance upon Section 4(a)(2) of the Securities Act.
28
Item 5.
Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
2014
2013
High
Low
High
Low
First Quarter
$
72.59
$
51.85
$
32.51
$
24.72
Second Quarter
$
68.00
$
54.66
$
29.07
$
22.67
Third Quarter
$
79.71
$
62.21
$
51.60
$
24.15
Fourth Quarter
$
82.17
$
70.32
$
58.58
$
43.55