Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
−Removed: On October 31, 2016, the Board of Directors of the Company approved a plan that allows for the repurchase of up to 750,000 shares of the Company's common stock (the "Repurchase Plan") on the
−Removed: open market or in privately negotiated transactions, as determined by an authorized officer of the Company.
+Added: On October 31, 2016, the Board of Directors of the Company approved a plan that allows for the repurchase of up to 750,000 shares of the Company's common stock (the "Repurchase Plan") on the open
+Added: market or in privately negotiated transactions, as determined by an authorized officer of the Company.
Any such repurchases can be made from time to time in accordance with applicable securities laws and other requirements.
−Removed: Other than pursuant to the Repurchase Plan, no purchases of common stock of the Company were made by or on behalf of the Company during the periods described below.
−Removed: The table below sets forth information regarding repurchases by the Company of shares of its common stock on a monthly basis during the three month period ended September 30, 2023.
+Added: During the three month period ending March 31, 2024 no purchases of common stock of the Company were made by or on behalf of the Company pursuant to the Repurchase Plan.
+Added: The maximum number of
+Added: shares that may yet be purchased under the Repurchase Plan was 325,129 as of March 31, 2024.
+Added: On May 24, 2022, the Company’s shareholders approved the 2022 Equity and Incentive Compensation Plan (the “2022 Plan”).
+Added: The 2022 Plan authorizes the grant of up to 3,000,000 stock options, stock
+Added: appreciation rights, restricted shares, restricted stock units, performance shares, performance units and other awards, and succeeded the 2012 Plan for the purpose of providing the Company’s non-employee directors, consultants, officers and other
+Added: employees incentives and rewards for performance and service.
+Added: During the three month period ending March 31, 2024 the Company withheld 2,530 shares of common stock of the Company to satisfy its income tax withholding and remittance obligations in connection
+Added: with the 2022 Plan net settlement upon the vesting of shares of restricted stock.
Total Number of
6 unchanged sentences
Under the Plans
−Removed: July 1 – July 31, 2023
−Removed: August 1 – August 31, 2023
−Removed: September 1 – September 30, 2023
+Added: January 1 – January 31, 2024
+Added: February 1 – February 29, 2024
+Added: March 1 – March 31, 2024
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.