2 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: During the three months ended March 31, 2022, in connection with our DRIP for our common stockholders, we directed the plan administrator to purchase 56,521 shares of our common stock for an aggregate of $607,552 in the open market in order to satisfy our obligations to deliver shares of common stock to our stockholders with respect to our dividend declared on February 1, 2022.
+Added: During the three months ended June 30, 2022, in connection with our DRIP for our common stockholders, we directed the plan administrator to purchase 94,797 shares of our common stock for an aggregate of $893,867 in the open market in order to satisfy our obligations to deliver shares of common stock to our stockholders with respect to our dividend declared on May 5, 2022.
In connection with the closing of the MVC Acquisition on December 23, 2020, we committed to make open-market purchases of shares of our common stock in an aggregate amount of up to $15.0 million at then-current market prices at any time shares trade below 90% of our then most recently disclosed NAV per share.
Any repurchases pursuant to the authorized program will occur during the 12-month period that commenced upon the filing of our quarterly report on Form 10-Q for the quarter ended March 31, 2021, which occurred on May 6, 2021, and will be made in accordance with applicable legal, contractual and regulatory requirements.
−Removed: During the three months ended March 31, 2022, we repurchased a total of 207,677 shares of our common stock in the open market under the authorized program at an average price of $10.14 per share, including broker commissions.
−Removed: The following chart summarizes repurchases of our common stock for the three months ended March 31, 2022:
+Added: The MVC repurchase program terminated on May 6, 2022.
+Added: During the three months ended June 30, 2022, we did not purchase any shares of our common stock in the open market under the authorized program.
+Added: In connection with the completion of the acquisition of Sierra, we committed to make open-market purchases of shares of our common stock in an aggregate amount of up to $30.0 million at then-current market prices at any time shares trade below 90% of our then most recently disclosed NAV per share.
+Added: Any repurchases pursuant to the authorized program will occur during the 12-month period commencing on April 1, 2022 and are expected to be made in accordance with a Rule 10b5-1 purchase plan that qualifies for the safe harbors provided by Rules 10b5-1 and 10b-18 under the Exchange Act, as well as subject to compliance with our covenant and regulatory requirements.
+Added: During the three months ended June 30, 2022, we repurchased a total of 1,309,442 shares of our common stock in the open market under the authorized program at an average price of $9.93 per share, including broker commissions.
+Added: The following chart summarizes repurchases of our common stock for the three months ended June 30, 2022:
Period Total number of shares purchased Average price paid per share Total number of
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purchased under the plans or programs(2)
−Removed: January 1 through January 31, 2022 — $ — — $ —
−Removed: February 1 through February 28, 2022 — $ — — $ —
−Removed: March 1 through March 31, 2022 264,198 (1) $ 10.27 207,677 $ 12,867 (2)
+Added: April 1 through April 30, 2022 — $ — — $ 42,867
+Added: May 1 through May 31, 2022 462,201 $ 10.16 462,201 $ 25,304
+Added: June 1 through June 30, 2022 942,038 (1) $ 9.77 847,241 $ 17,026 (3)
(1) Includes 94,797 shares purchased in the open market pursuant to the terms of our dividend reinvestment plan.
(2) In thousands.
−Removed: Program terminates May 6, 2022.
−Removed: Commencing on April 1, 2022, the Company will implement an open-market share repurchase program it committed to launch in connection with the completion of the acquisition of Sierra.
−Removed: Pursuant to the program, we will make open-market purchases of shares of our common stock in an aggregate amount of up to $30.0 million at then-current market prices at any time shares trade below 90% of our then most recently disclosed NAV per share.
−Removed: Any repurchases pursuant to the authorized program will occur during the 12-month period commencing on April 1, 2022 and are expected to be made in accordance with a Rule 10b5-1 purchase plan that qualifies for the safe harbors provided by Rules 10b5-1 and 10b-18 under the Exchange Act, as well as subject to compliance with our covenant and regulatory requirements.
−Removed: Subsequent to period-end, through May 5, 2022, we repurchased an additional 23,300 shares of our common stock pursuant to the share repurchase plans at an average price of $10.12 per share, including broker commissions.
+Added: (3) Subsequent to period-end, through August 9, 2022, we repurchased an additional 558,101 shares of our common stock pursuant to the share repurchase plan at an average price of $9.51 per share, including broker commissions.
Defaults Upon Senior Securities.
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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.