UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The following table presents our share repurchase activity for each month of the quarter ended October 1, 2022:
+Added: The following table presents our share repurchase activity for each month of the quarter ended April 1, 2023:
Period Total Number of Shares Purchased (1)
−Removed: Average Price Paid per Share (2)
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (3)
+Added: Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: July 3 - August 6 50,539 71.08 — 33,572,690
−Removed: August 7 - September 3 278 77.12 — 33,572,690
−Removed: September 4 - October 1 247,431 74.90 247,431 33,572,690
+Added: January 1 - February 4 6,102 $ 79.12 — $ 33,572,690
+Added: February 5 - March 4 — $ — — $ 33,572,690
+Added: March 5 - April 1 20,824 $ 68.49 — $ 33,572,690
Total 26,926 —
−Removed: (1) Shares repurchased during the first two months of the quarter ended October 1, 2022 represents shares withheld by us in connection with tax withholding obligations of our employees upon vesting of such employees’ restricted stock unit awards.
−Removed: (2) The average price paid for shares purchased in connection with the final settlement of the ASR Agreement, as defined below, is based on the average of the daily volume-weighted average price of our common stock during the repurchase period, less a discount and other adjustments pursuant to the ASR Agreement.
−Removed: (3) On May 3, 2022, we entered into an Accelerated Share Repurchase Agreement (“ASR Agreement”) with Jefferies LLC to repurchase $60.0 million of our common stock.
−Removed: The ASR Agreement settled on September 15, 2022, and at settlement, we received an additional 247,431 shares of common stock.
−Removed: (4) On May 3, 2022, our Board of Directors increased our share repurchase authorization to $100.0 million.
−Removed: With the remaining availability under this authorization, we may repurchase our common stock at any time or from time to time, without prior notice, subject to prevailing market conditions and other considerations.
+Added: (1) Includes shares withheld by us in connection with tax withholding obligations of our employees upon vesting of such employees’ restricted stock unit awards.
+Added: (2) On May 3, 2022, our Board of Directors increased our share repurchase authorization to $100.0 million, and as of April 1, 2023, we had a remaining authorization amount of $33.6 million under the program.
+Added: With the remaining availability under the stock repurchase program, we may repurchase our common stock at any time or from time to time, without prior notice, subject to prevailing market conditions and other considerations.
Our repurchases may be made through a variety of methods, which may include open market purchases, privately negotiated transactions, accelerated share repurchase programs, tender offers or pursuant to a trading plan that may be adopted in accordance with the Securities and Exchange Commission Rule 10b5-1.
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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.