Sprint - Nextel 2006 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.
Common Share Data
The principal trading market for our common stock, Series 1 is the New York Stock Exchange, or NYSE. Our
common stock, Series 2 is not publicly traded.
High Low
End
of
Period
2006 Market Price
Common shares, Series 1
First quarter .................................................. $26.25 $22.47 $25.84
Second quarter ................................................ 26.89 19.33 19.99
Third quarter ................................................. 20.80 15.92 17.15
Fourth quarter ................................................ 20.63 16.75 18.89
High Low
End
of
Period
2005 Market Price
Common shares, Series 1
(1)
First quarter .................................................. $25.16 $21.80 $22.75
Second quarter ................................................ 25.87 21.57 25.09
Third quarter ................................................. 27.20 23.10 23.78
Fourth quarter ................................................ 26.86 22.15 23.36
(1) Until August 12, 2005, when it was redesignated in connection with the Sprint-Nextel merger, our common
stock, Series 1, was designated as FON common stock, Series 1.
Number of Shareholders of Record
As of February 21, 2007, we had about 56,000 common stock, Series 1 record holders, 12 common stock,
Series 2 record holders, and no non-voting common stock record holders.
Dividends
We paid a dividend of $0.025 per outstanding share on our common stock on a quarterly basis in 2006 and in
the third and fourth quarters 2005. We paid a dividend of $0.125 per outstanding share on our common stock,
Series 1 and the common stock, Series 2 in each of the first two quarters of 2005.
Sale of Unregistered Equity Securities
In December 2006, we issued to certain of our directors and executive officers an aggregate of 995 restricted
stock units relating to our common shares. These restricted stock units were the result of dividend equivalent
rights attached to restricted stock units granted to these individuals in 2003. Each restricted stock unit
represents the right to one common share once the unit vests. Some of these restricted stock units vested in
2006, but the holder of these restricted stock units elected to delay delivery of the underlying shares. The
other restricted stock units vest in 2007. Neither these restricted stock units, nor the common stock issuable
once the units vest, were registered under the Securities Act of 1933, or Securities Act. The restricted stock
units were issued in reliance on the exemption from registration provided by Section 4(2) of the Securities Act
because the restricted stock units were issued in transactions not involving a public offering.
29