10 unchanged sentences
The information contained in this section shall not be deemed “soliciting material” or to be “filed” with the SEC or incorporated by reference in future filings with the SEC, or otherwise subject to the liabilities under Section 18 of the Exchange Act, except to the extent we specifically incorporate it by reference into such filing.
−Removed: The following graph and table provide a comparison of the cumulative total stockholder return on our Common Stock from January 19, 2018 (first day of trading following the effective date of our IPO) through December 31, 2021, to the returns of the Standard & Poor's (“S&P”) 500 Index and the S&P North America Commercial & Professional Services Index, a peer group.
−Removed: The graph and table assume that $100 was invested on January 19, 2018 in each of our Common Stock, the S&P 500 Index, and the S&P North America Commercial & Professional Services Index, and assume any dividends were reinvested.
+Added: The following information provides a comparison of the cumulative total stockholder return on our Common Stock from January 19, 2018 (first trading day following the effective date of our IPO) through December 31, 2022 to the returns of:
+Added: (i) the Standard & Poor's (“S&P”) 500 Index;
+Added: (ii) the S&P North America Consumer Services Index, a peer group;
+Added: and (iii) the S&P 500 Commercial and Professional Services Index.
+Added: During 2022, we changed our peer index to the S&P North America Consumer Services Index given we are a member of this index.
+Added: In addition, although our prior year filing provided data for the S&P 500 Commercial & Professional Services Index, the index was labeled as the S&P North America Commercial & Professional Services Index, which we do not utilize.
+Added: The information assumes that $100 was invested on January 19, 2018 in each of our Common Stock and the indices presented, and assumes any dividends were reinvested.
The graph is not, and is not intended to be, indicative of future performance of our Common Stock.
1 unchanged sentence
Date ADT Inc.
−Removed: S&P 500 Index S&P North America Commercial & Professional Services Index
−Removed: 1/19/2018 $100.00 $100.00 $100.00
−Removed: 6/30/2018 $70.40 $97.58 $100.73
−Removed: 12/31/2018 $49.35 $90.89 $94.87
+Added: S&P 500 Index S&P 500 Commercial & Professional Services Index S&P North America Consumer Services Index
1/19/2018 $100.00 $100.00 $100.00 $100.00
5 unchanged sentences
Recent Sales of Unregistered Equity Securities
−Removed: There were no sales of unregistered equity securities during the three months ended December 31, 2021 other than in connection with the Sunpro Solar Acquisition in December 2021 as previously disclosed in our Current Reports on Form 8-K filed with the SEC on November 9, 2021 and December 9, 2021.
+Added: As previously disclosed in our Current Report on Form 8-K filed with the SEC on October 13, 2022, the State Farm Strategic Investment closed on October 13, 2022, and we issued and sold 133,333,333 shares of Common Stock to State Farm pursuant to the State Farm Securities Purchase Agreement at a per share price of $9.00 for an aggregate purchase price of $1.2 billion.
Use of Proceeds from Registered Equity Securities
1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: On February 27, 2019, we approved a share repurchase program (the “Share Repurchase Program”), which authorized us to repurchase shares of our Common Stock (up to a certain amount).
−Removed: The Share Repurchase Program terminated in accordance with its terms on March 23, 2021.
−Removed: There were no repurchases of any shares of our Common Stock during the three months ended December 31, 2021.
+Added: Period Total Number of Shares Purchased Average Price
+Added: Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares That May Yet Be Purchased Under the Plans or Programs
+Added: October 1, 2022 - October 31, 2022 (1)
+Added: 133,333,333 $ 9.00 — —
+Added: November 1, 2022 - November 30, 2022 — — — —
+Added: December 1, 2022 - December 31, 2022 — — — —
+Added: Total 133,333,333 $ 9.00 — —
+Added: _________________
+Added: (1) On September 12, 2022, and in connection with the State Farm Strategic Investment, the Company commenced a tender offer to purchase up to 133,333,333 shares of the Company’s Common Stock (including shares issued upon conversion of Class B Common Stock) at a price of $9.00 per share.
+Added: The Tender Offer expired on October 20, 2022.
+Added: On October 26, 2022, upon the terms and subject to the conditions described in the Offer to Purchase dated September 12, 2022 (as amended from time to time), the Company repurchased an aggregate of 133,333,333 shares of the Company’s Common Stock at a purchase price of $9.00 per share for a total cost of $1.2 billion using the proceeds from the State Farm Strategic Investment.
+Added: No shares of Class B Common Stock were converted and tendered in the Tender Offer.
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.