Table of Contents
our current and former directors, and alleges violations of state law in connection with the asset purchase transaction between InfoSpace, Inc.
and The boxLot Company in December of 2000. Plaintiffs filed an amended complaint on February 15, 2002, and the defendants have not yet
responded to the amended complaint. We believe we have meritorious defenses to these claims but litigation is inherently uncertain and we
may not prevail in this matter.
ITEM 4. Submission of Matters to a Vote of Security Holders
Not applicable.
PART II
ITEM 5. Market for Registrant's Common Stock and Related Stockholder Matters
Market for Our Common Stock
Our common stock has been traded on the Nasdaq National Market under the symbol INSP since December 15, 1998, the date of our
initial public offering. Prior to that time, there was no public market for our common stock. The following table sets forth, for the periods
indicated, the high and low sales prices for our common stock as reported by the Nasdaq National Market. These prices and other share
numbers throughout this Annual Report on Form 10 K have been adjusted to give effect to two for one stock splits of our common stock
consummated in May 1999, January 2000 and April 2000.
High
Low
Fiscal Year Ending December 31, 2000:
First Quarter
$138.50
$40.25
Second Quarter
$ 78.25
$37.125
Third Quarter
$ 60.00
$25.50
Fourth Quarter
$ 31.3125
$ 5.4375
Fiscal Year Ending December 31, 2001:
First Quarter
$ 9.875
$ 2.0625
Second Quarter
$ 5.65
$ 1.5625
Third Quarter
$ 3.79
$ 1.06
Fourth Quarter
$ 2.75
$ 1.32
On February 28, 2002, the last reported sale price for our common stock on the Nasdaq National Market was $1.35 per share. As of
February 28, 2002, there were approximately 1,332 holders of record of our common stock.
We have never declared, nor have we paid any cash dividends on our common stock. We currently intend to retain our earnings to finance
future growth and, therefore, do not anticipate paying any cash dividends on our common stock in the foreseeable future.
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