1 unchanged sentence
The following table summarizes the stock repurchase activity by or on behalf of the Company or any “affiliated purchaser,”
−Removed: as defined by Rule 10b-18(a)(3) of the Exchange Act, for the three months ended August 28, 2021 and the approximate dollar value of shares that may yet be purchased pursuant to our stock repurchase program:
−Removed: Total Number of Shares
−Removed: Purchased as Part of
−Removed: Publicly Announced Plans
−Removed: or Programs (1)
−Removed: Approximate Dollar Value of
−Removed: Shares that May Yet Be
−Removed: Purchased Under the Plans
−Removed: or Programs (1)
−Removed: May 30 - July 3, 2021
−Removed: July 4 - July 31, 2021
−Removed: August 1 - August 28, 2021
+Added: as defined by Rule 10b-18(a)(3) of the Exchange Act, for the three months ended February 26, 2022 and the approximate dollar value of shares that may yet be purchased pursuant to our stock repurchase program:
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
+Added: Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1)
+Added: November 28, 2021 - January 1, 2022
+Added: January 2 - January 29, 2022
+Added: January 30 - February 26, 2022
The Company is authorized to repurchase Company stock under a plan which was originally announced in 1998.
−Removed: On July 15, 2021, the Board of Directors increased the remaining limit of the repurchase plan to $20,000.
−Removed: At August 28, 2021 $19,348 remains available for share repurchases under the plan.
+Added: At February 26, 2022, $18,583 remained available for share repurchases under the plan.
+Added: On March 9, 2022, the Board of Directors increased the remaining limit of the repurchase plan to $40,000.
Defaults Upon Senior Securities
+Added: PART II - OTHER INFORMATION-CONTINUED
+Added: BASSETT FURNITURE INDUSTRIES INCORPORATED AND SUBSIDIARIES
+Added: FEBRUARY 26, 2022
+Added: (Dollars in thousands except share and per share data)
Exhibit 3a –
2 unchanged sentences
By-laws as amended to date are incorporated herein by reference to Exhibit 3 to Form 8-K filed with the SEC on January 19, 2021.
−Removed: Exhibit 4 –Registrant hereby agrees to furnish the SEC, upon request, other instruments defining the rights of holders of long-term debt of the Registrant.
+Added: Exhibit 4 –
+Added: Seventh Amended and Restated Credit Agreement with Truist Bank dated January 27, 2022 is incorporated herein by reference to Exhibit 4A to Form 10-K filed with the SEC on January 31, 2022 .
+Added: Registrant hereby agrees to furnish the SEC, upon request, other instruments defining the rights of holders of long-term debt of the Registrant.
+Added: Exhibit 10 –
+Added: Asset Purchase Agreement dated January 31, 2022 by and among Bassett Furniture Industries, Incorporated, Zenith Freight Lines, LLC and J.B.
+Added: Hunt Transport, Inc.
+Added: is incorporated herein by reference to Exhibit 2.1 to Form 8-K filed with the SEC on February 1, 2022 .
Exhibit 31a –
5 unchanged sentences
1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: PART II - OTHER INFORMATION
−Removed: BASSETT FURNITURE INDUSTRIES INCORPORATED AND SUBSIDIARIES
−Removed: AUGUST 28, 2021
−Removed: (Dollars in thousands except share and per share data)
Exhibit 32b –
11 unchanged sentences
Spilman, Jr., Chairman and Chief Executive Officer
−Removed: September 30, 2021
+Added: March 31, 2022
Michael Daniel
Michael Daniel, Senior Vice President and Chief Financial Officer
−Removed: September 30, 2021
+Added: March 31, 2022
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.