Item 2. Unregistered Sales of Equity Securities
ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
The following table provides information relating to our repurchases of common stock during the second quarter of 2021:
Total Number
Maximum Number
Purchased as Part
of Shares that May
Total Number of
of Publicly
Yet be Purchased
Shares
Average Price Paid
Announced
Under the
Fiscal Period
Purchased (1)
per Share (1)
Program (2)
Program (2)
May 2, 2021 - May 29, 2021
—
$
—
—
2,651,489
May 30, 2021 - July 3, 2021
9,443
26.61
—
2,651,489
July 4, 2021 - July 31, 2021
—
—
—
2,651,489
Total
9,443
$
26.61
—
2,651,489
(1) Includes shares purchased as part of our publicly announced stock repurchase programs and shares that were tendered by employees related to certain share-based awards. The employee shares were tendered in satisfaction of the exercise price of stock options and/or to satisfy tax withholding amounts for non-qualified stock options, restricted stock and stock performance awards.
(2) On December 14, 2018, the Board of Directors approved a stock repurchase program ("2018 Program") authorizing the repurchase of 2,500,000 shares of our outstanding common stock. In addition, on September 2, 2019, the Board of Directors approved a stock repurchase program ("2019 Program") authorizing the repurchase of an additional 5,000,000 shares of our outstanding common stock. We can use the repurchase programs to repurchase shares on the open market or in private transactions from time to time, depending on market conditions. The repurchase programs do not have an expiration date. The Company did not repurchase any shares under these plans during the twenty-six weeks ended July 31, 2021. During the thirteen and twenty-six weeks ended August 1, 2020, the Company repurchased 1,391,234 and 2,902,122 shares, respectively. As of July 31, 2021, there were 2,651,489 shares authorized to be repurchased under the repurchase programs. Our repurchases of common stock are limited under our debt agreements.
ITEM 3 DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4 MINE SAFETY DISCLOSURES
Not applicable.
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