CALERES INC 10-Q

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 first quarter of 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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) January 30, 2022 - February 26, 2022 — ​ $ — — 1,990,224 ​ ​ ​ ​ ​ ​ February 27, 2022 - April 2, 2022 424,662 ​ 20.37 250,000 8,740,224 ​ ​ April 3, 2022 - April 30, 2022 451,324 ​ 21.32 451,324 8,288,900 ​ ​ Total 875,986 ​ $ 20.86 701,324 8,288,900 (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 September 2, 2019, the Board of Directors approved a stock repurchase program ("2019 Program") authorizing the repurchase of 5,000,000 shares of our outstanding common stock. In addition, on March 10, 2022, the Board of Directors approved a stock repurchase program ("2022 Program") authorizing the repurchase of an additional 7,000,000 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. During the thirteen weeks ended April 30, 2022, the Company repurchased 701,324 shares under these programs. The Company did not repurchase any shares under these programs during the thirteen weeks ended May 1, 2021. As of April 30, 2022, there were 8,288,900 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. ​