3 unchanged sentences
The board of director’s authorization replaced any previous repurchase authorizations.
−Removed: No shares were repurchased during the three and six months ended June 30, 2021, pursuant to this authorization.
−Removed: The following table provides the information with respect to purchases and forfeitures of our common stock during each of the months in the second quarter of 2021:
+Added: No shares were repurchased during the three and nine months ended September 30, 2021, pursuant to this authorization.
+Added: The following table provides the information with respect to purchases and forfeitures of our common stock during each of the months in the third quarter of 2021:
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of a Publicly Announced Plan Maximum Dollar Value of Shares That May Yet Be Purchased Under the Plan
Common stock:
−Removed: April 1 to April 30 4,979 (1)
+Added: July 1 to July 31 1,354 (1)
$ — — $ 50,000,000
−Removed: May 1 to May 31 2,740 (1)
+Added: August 1 to August 31 751 (1)
$ — — $ 50,000,000
−Removed: June 1 to June 30 4,509 (1)
+Added: September 1 to September 30 4,903 (1)
$ — — $ 50,000,000
1 unchanged sentence
__________________
−Removed: (1) There is no cost associated with the forfeiture of 4,979, 2,740 and 4,509 restricted shares of our common stock in April, May and June, respectively.
−Removed: During the period between April 1, 2021 and June 30, 2021, the Company exchanged a total of 5,635,554 shares of its common stock for an aggregate of 1,436,999 shares of preferred stock with certain holders of its 5.50% Series B Cumulative Convertible Preferred Stock.
−Removed: The issuance of the shares of the common stock was made by the Company pursuant to the exemption from the registration requirements of Section 3(a)(9) of the Securities Act on the basis that these offers constituted
−Removed: an exchange with existing holders of the Company’s securities.
+Added: (1) There is no cost associated with the forfeiture of 1,354, 751 and 4,903 restricted shares of our common stock in July, August and September, respectively.
+Added: During the period between July 1, 2021 and September 30, 2021, the Company exchanged a total of 120,000 shares of its common stock for an aggregate of 30,000 shares of preferred stock with certain holders of its 5.50% Series B Cumulative
+Added: Convertible Preferred Stock.
+Added: The issuance of the shares of the common stock was made by the Company pursuant to the exemption from the registration requirements of Section 3(a)(9) of the Securities Act on the basis that these offers constituted an exchange with existing holders of the Company’s securities.
No commission or other remuneration was paid to any party for soliciting such exchange and the transactions did not involve a public offering.
−Removed: In consideration for the common share issuances, the Company received the preferred shares from the stockholders, which preferred shares were cancelled and of no further effect.
+Added: In consideration for the common stock issuances, the Company received shares of Series B Convertible Preferred Stock from the stockholders, which shares of preferred stock were cancelled and of no further effect.
DEFAULTS UPON SENIOR SECURITIES
1 unchanged sentence
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.