Notes to Financial Statements
NOTE 14—Stockholders' Equity (Deficit)
The Preferred Stock and the Common Stock of the Company are
each issuable in one or more series or classes, any or all of
which may have such voting powers, full or limited, or no voting
powers, and such designations, preferences and related participating,
optional or other special rights and qualifications, limitations
or restrictions thereof, as are set forth in the Restated Certificate
of Incorporation of Fisher or any amendment thereto, or in the
resolution or resolutions providing for the issue of such stock
adopted by Fisher’s Board of Directors, which is expressly
authorized to set such terms for any such issue. At December
31, 2000, the Company's outstanding Common Stock included 13,035,290
of nonvoting shares. Warrants to purchase 2,583,315 shares of
Common Stock at $9.65 per share were issued as part of the Recapitalization
and remain outstanding at December 31, 2000.
On March 9, 1998, Fisher’s Board of Directors declared
a five-for-one stock split on the Company's Common Stock. As
a result of the stock split, four additional shares of Common
Stock were issued for each share of Common Stock held by the
stockholders of record as of the close of business on March
19, 1998. All references in this report to the number of shares
and per-share amounts have been restated as appropriate to give
effect to the stock split. On May 12, 1998, the stockholders
of the Company approved the Amendment to the Restated Certificate
of Incorporation of the Company increasing the authorized number
of shares of Common Stock that may be issued from 50,000,000
to 100,000,000. Effective March 29, 1999, certain equity investors
exchanged 9,000,000 shares of Common Stock for the same amount
of nonvoting Common Stock.
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