3 unchanged sentences
The board of director’s authorization replaced any previous repurchase authorizations.
−Removed: No shares were repurchased during the three and nine months ended September 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 third quarter of 2021:
+Added: No shares were repurchased during the three months ended March 31, 2022, 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 first quarter of 2022:
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: July 1 to July 31 1,354 (1)
+Added: January 1 to January 31 656 $ — (2)
— $ 50,000,000
−Removed: August 1 to August 31 751 (1)
+Added: February 1 to February 28 16,257 (1)
$ 5.96 — $ 50,000,000
−Removed: September 1 to September 30 4,903 (1)
+Added: March 1 to March 31 78,758 (1)
— $ 50,000,000
1 unchanged sentence
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−Removed: (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.
−Removed: 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
−Removed: 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 an exchange with existing holders of the Company’s securities.
−Removed: 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 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.
+Added: (1) Includes 16,257 and 77,521 shares in February and March, respectively, that were withheld to cover tax-withholding requirements related to the vesting of restricted shares of our common stock issued to employees of our advisor pursuant to the Company’s stockholder-approved stock incentive plan.
+Added: (2) There is no cost associated with the forfeiture of 656 and 1,237 restricted shares of our common stock in January and March, respectively.
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.