Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer Purchases of Equity Securities
The following table provides information about shares of common stock acquired or repurchased during the three months ended September 30, 2020. All of these acquisitions were of common stock withheld by us to satisfy tax obligations of employees due upon vesting of restricted stock awards and units. The level of acquisition activity varies from period to period based upon the timing of grants and vesting as well as employee exercise decisions.
Period Total
number
of shares
purchased Average
price
paid
per
share Total number
of shares
purchased as
part of
publicly
announced
plans or
programs (1)
Approximate
dollar value
of shares
that may yet
be purchased
under the
plans or
programs
(in thousands)
Beginning balance, July 1, 2020 $ 50,000
July 1, 2020 through July 31, 2020 — $ — — 50,000
August 1, 2020 through August 31, 2020 3,844 63.85 — 50,000
September 1, 2020 through September 30, 2020 730 60.02 — 50,000
Total 4,574 $ 63.24 — $ 50,000
(1) In August 2010, our Board of Directors approved a stock repurchase program that authorized us to purchase up to $50.0 million of our outstanding shares of common stock. We have not made any repurchases under the program to date, and the program does not have an expiration date.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.