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In addition to the above-described proceedings, we are currently involved in other litigation that has arisen in the
ordinary course of business; however, we do not believe that any of this other litigation will have a material adverse effect on
our financial position, results of operations or cash flows.
Item 4. Mine Safety Disclosures.
Not Applicable.
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.
Our common stock trades under the symbol “GPRE” on The NASDAQ Global Market, or NASDAQ. The following
table sets forth, for the periods indicated, the high and low common stock sale prices as reported by NASDAQ.
Year EndedDecember 31, 2011
Three months ended December 31, 2011
(1)
$ 11.48 $ 8.34
Three months ended September 30, 2011
12.06
9.06
Three months ended June 30, 2011
12.80
9.87
Three months ended March 31, 2011
13.00
10.97
Year EndedDecember 31, 2010
Three months ended December 31, 2010
$ 13.64 $ 10.53
Three months ended September 30, 2010
12.35
8.12
Three months ended June 30, 2010
16.25
10.12
Three months ended March 31, 2010
17.97
11.23
(1) The closing price of our common stock on December 31, 2011 was $9.76
High
Low
High
Low
Holders of Record
As of December 31, 2011, as reported to us by our transfer agent, there were 2,673 holders of record of our common
stock, not including beneficial holders whose shares are held in names other than their own. This figure does not include
17,871,407 shares held in depository trusts.
Dividend Policy
To date, we have not paid dividends on our common stock. The payment of dividends on our common stock in the
future, if any, is at the discretion of the Board of Directors and will depend upon our earnings, capital requirements, financial
condition and other factors our board views as relevant. The payment of dividends may also effectively be limited by
covenants in our subsidiaries’ loan agreements. Our board does not intend to declare any dividends in the foreseeable future.
Issuer Purchases of Equity Securities
Employees surrender shares upon the vesting of restricted stock grants to satisfy payroll tax withholding obligations. The
following table sets forth the shares that were surrendered by month during the fourth quarter of 2011.
Month
Total Number of
Shares Withheld
Average Price
Paidper Share
October
9,626
9.94
$
November
3,771
10.43
$
December
-
-
$
Total
13,397
10.08
$