3 unchanged sentences
In January 2019, our Board of Directors established the current $10 million repurchase program to replace the prior authorizations for repurchases of our outstanding common stock.
−Removed: The following table summarizes the activity, by month, during the three months ended June 30, 2020:
+Added: The following table summarizes the activity, by month, during the three months ended September 30, 2020:
Purchased (1)
9 unchanged sentences
Purchased Under
−Removed: April 60,144 $ 3.96 60,144 $ 7,117,585
−Removed: May 43,078 3.81 43,078 6,953,582
−Removed: June 38,241 (1) 3.40 38,241 6,823,744
+Added: July 33,887 $ 3.31 33,887 $ 6,711,736
+Added: August 31,196 3.37 31,196 6,606,469
+Added: September 36,271 (1) 3.33 36,271 6,485,814
Total 101,354 101,354
(1) Of this amount, 1,324 shares were repurchased directly through private purchases at the then-current fair market value of common stock.
−Removed: Submission of Matters to a Vote of Security Holders
−Removed: At its meeting on May 5, 2020 our Board of Directors determined to hold future non-binding shareholder advisory votes on executive compensation every three years until the next non-binding advisory vote on the frequency of shareholder votes on executive compensation, which is required to occur no later that the Company's 2026 annual meeting of shareholders.
−Removed: Such determination is consistent with the previous recommendation of the Board of Directors and the preference of Company shareholders, as represented by their votes at the annual meeting of shareholders on May 5, 2020.
−Removed: 10.1* A men dment Nu mber 2 to t h e A mended and Restated 2007 Long-Term Incentive Co mpensation Plan.
−Removed: 10.2* Amendment Number 2 to the Amended and Restated 2007 Director's Incentive Compensation Plan.
−Removed: 10.3* Payment Protection Program Note dated April 20 , 2020, by and between Cumberland Pharmac euticals Inc.
+Added: 10.1* Third Amendment to Revolving Credit Note and Fourth Amendment to Revolving Credit Loan Agreement, dated as of October 7, 2020 by and between Cumberland Pharmaceuticals Inc.
and Pinnacle Bank .
13 unchanged sentences
Cumberland Pharmaceuticals Inc.
−Removed: August 14, 2020 By:
+Added: November 13, 2020 By:
/s/ Michael Bonner
2 unchanged sentences
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.