Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Sales of Securities
The Company issued 8,553 unregistered Common Shares to limited partners of the Operating Partnership in exchange for their Units, on July 31, 2023, in reliance on the private offering exemption under Section 4(a)(2) of the Securities Act of 1933, as amended, in part because the issuances were made to a limited number of limited partners through privately negotiated transactions not involving any public offer or solicitation.
Issuer Purchases of Equity Securities
Maximum Dollar
Total Number of Shares Amount of Shares That
Total Number of Average Price Purchased as Part of May Yet Be Purchased
Shares and Units Paid per Publicly Announced Under the Plans or
Period Purchased (1)
Share and Unit (2)
Plans or Programs Programs (3)
July 1 - 31, 2023 — $ — — $ 14,234,010
August 1 - 31, 2023 60 61.27 — 14,234,010
September 1 - 30, 2023 380 63.70 — 14,234,010
Total 440 $ 63.37 —
(1) Includes Units redeemed for cash pursuant to the exercise of exchange rights.
(2) Amount is based on market prices and includes commissions paid.
(3) On March 10, 2022, the board authorized a new $50.0 million share repurchase program.
Item 3. Defaults Upon Senior Securities
None
Item 4. Mine Safety Disclosures
Not Applicable
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.