filings.toolsItem 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
7K characters. Original on sec.gov · Markdown
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market information
Our common stock has traded on the NASDAQ Global Select Market under the symbol “ULTA” since October 25, 2007.
Holders of the registrant’s common stock
The last reported sale price of our common stock on the NASDAQ Global Select Market on March 21, 2022 was $385.67 per share. As of March 21, 2022, we had 31 holders of record of our common stock. Because many shares of
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.
Purchases of equity securities by the issuer and affiliated purchasers
The following table sets forth repurchases of our common stock during the fourth quarter of 2021:
| | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|
| Period | Total numberof sharespurchased (1) | Averageprice paidper share | Total numberof sharespurchased aspart of publiclyannouncedplans orprograms (2) | Approximatedollar value ofshares that may yetbe purchasedunder plans or programs**(in thousands) (2)** | ||||||
| October 31, 2021 to November 27, 2021 | | 55,189 | | $ | 393.85 | | 54,962 | | $ | 738,135 |
| November 28, 2021 to December 25, 2021 | | 1,864,426 | | | 395.89 | | 1,864,426 | | | 25 |
| December 26, 2021 to January 29, 2022 | | 195 | | | 397.10 | | – | | | 25 |
| 13 weeks ended January 29, 2022 | | 1,919,810 | | | 395.83 | | 1,919,388 | | | 25 |
| (1) | There were 1,919,388 shares repurchased as part of our publicly announced share repurchase program during the 13 weeks ended January 29, 2022 and there were 422 shares transferred from employees in satisfaction of minimum statutory tax withholding obligations upon the vesting of restricted stock during the period. |
|---|
| (2) | On March 12, 2020, we announced our 2020 share repurchase program pursuant to which the Company may repurchase up to $1.6 billion of the Company’s common stock. As of January 29, 2022, the amount remaining available under the $1.6 billion 2020 share repurchase program was nominal. On March 7, 2022, the Board of Directors authorized the 2022 share repurchase program. For additional information on the 2022 share repurchase program see Note 19 to our consolidated financial statements, “Subsequent event.” |
|---|
Recent sales of unregistered securities
None.
Securities authorized for issuance under equity compensation plans
The following table provides information about Ulta Beauty common stock that may be issued under our equity compensation plans as of January 29, 2022:
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| | | | | | | | Number of securities |
| | | Number of securities | | | | | remaining available |
| | | to be issued upon | | Weighted-average | | for future issuance | |
| | | exercise of outstanding | | exercise price of | | under equity | |
| | | options, warrants | | outstanding options, | | compensation | |
| Plan category | and rights (2) | warrants and rights (3) | plans (4) | ||||
| Equity compensation plans approved by security holders (1) | 773,608 | | $ | 232.85 | 2,576,598 |
| (1) | Includes options issued and available for exercise and shares available for issuance in connection with past awards under the Amended and Restated 2011 Incentive Award Plan and predecessor equity incentive plans. We currently grant awards only under the Amended and Restated 2011 Incentive Award Plan. |
|---|
| (2) | Includes 498,156 shares issuable pursuant to the exercise of outstanding stock options, 221,292 shares issuable pursuant to restricted stock units, and 54,160 shares issuable pursuant to performance-based units. |
|---|
| (3) | Calculation of weighted-average exercise price of outstanding awards includes stock options but does not include shares of restricted stock units or performance-based units that convert to shares of common stock for no consideration. |
|---|
| (4) | Represents shares that are available for issuance pursuant to the Amended and Restated 2011 Incentive Award Plan. The shares available under the plan are reduced by 1.0 for each stock option awarded and by 1.5 for each restricted stock unit and performance-based unit awarded. |
|---|
Stock performance graph
The following performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933 or Securities Exchange Act of 1934, each as amended, except to the extent that we specifically incorporate it by reference into such filing.
Set forth below is a graph comparing the cumulative total stockholder return on Ulta Beauty’s common stock with the S&P 500 and the S&P 500 Retailing (Industry Group, SP500-2550) for the period covering January 28, 2017 through the end of Ulta Beauty’s fiscal year ended January 29, 2022. The graph assumes an investment of $100 made at the closing of trading on January 28, 2017 in (i) Ulta Beauty’s common stock, (ii) the stocks comprising the S&P 500 and (iii) the stocks comprising the S&P 500 Retailing (Industry Group, SP500-2550). All values assume reinvestment of the full amount of all dividends, if any, into additional shares of the same class of equity securities at the frequency with which dividends are paid on such securities during the applicable time period.
| | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Fiscal year ended | ||||||||||||||||
| | | January 28, | | February 3, | | February 2, | | February 1, | | January 30, | | January 29, | ||||||
| Company / Index | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | ||||||||||||
| Ulta Beauty | | $ | 100.00 | $ | 81.57 | $ | 107.21 | $ | 98.40 | $ | 102.75 | $ | 131.79 | |||||
| S&P 500 | | | 100.00 | | | 123.91 | | | 118.66 | | | 141.54 | | | 162.99 | | | 194.48 |
| S&P 500 Retailing | | | 100.00 | | | 143.84 | | | 154.70 | | | 180.19 | | | 253.16 | | | 266.50 |
Previous: Item 4A. Executive Officers · Next: Item 6. [Reserved]