Mr planks voting control 24 under armour inc 10 k

Mr. Plank’s voting control.
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Under Armour Inc / 10-K / February 24, 2021 Powered by BamSEC.com PDF page 27

The trading prices for our Class A and Class C common stock may differ and fluctuate from time to time.
The trading prices of our Class A and Class C common stock may differ and fluctuate from time to time in response to various
factors, some of which are beyond our control. These factors may include, among others, overall performance of the equity markets
and the economy as a whole, variations in our quarterly results of operations or those of our competitors, our ability to meet our
published guidance and securities analyst expectations, or recommendations by securities analysts. In addition, our non-voting Class
C common stock has traded at a discount to our Class A common stock, and there can be no assurance that this will not continue.
ITEM 1B. UNRESOLVED STAFF COMMENTS
Not applicable.
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ITEM 2. PROPERTIES
The following includes a summary of the principal properties that we own or lease as of the end of Fiscal 2020.
Our principal executive and administrative offices are located at an office complex in Baltimore, Maryland, the majority of
which we own and a portion of which we lease. For each of our Europe, Latin America and Asia Pacific headquarters, we lease office
space.
We lease our primary distribution facilities, which are located in Sparrows Point, Maryland, Mount Juliet, Tennessee and
Rialto, California. Combined, these facilities represent approximately 3.5 million square feet of facility space. These leases expire at
various dates, with the earliest lease termination date through May 2023. We believe our distribution facilities and space available
through our third-party logistics providers will be adequate to meet our short term needs.
In addition, as of December 31, 2020, we leased 439 brand and factory house stores located primarily in the United States,
China, Mexico, Korea, Chile, and Canada with lease en d dates in 2021 through 2035. We also lease additional office space for sales,
quality assurance and sourcing, marketing, and administrative functions. We anticipate that we will be able to extend these leases that
expire in the near future on satisfactory terms or relocate to other locations.
ITEM 3. LEGAL PROCEEDINGS
From time to time, we have been involved in litigation and other proceedings, including matters related to commercial disputes
and intellectual property, as well as trade, regulatory and other claims related to our business. Refer to Note 10 to our Consolidated
Financial Statements for information on certain legal proceedings, which is incorporated by reference herein.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS
AND ISSUER PURCHASES OF EQUITY SECURITIES
Under Armour’s Class A Common Stock and Class C Common Stock are traded on the New York Stock Exchange (“NYSE”)