Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Sales of Securities
During the second quarter of 2020 , we issued no unregistered Common Shares to limited partners of the Operating Partnership in exchange for their Units, in reliance on the private offering exemption under Section 4(a)(2) of the Securities Act of 1933, as amended.
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)
April 1 - 30, 2020
54,777
$
24.69
54,777
$
45,510,888
May 1 - 31, 2020
43,308
24.88
43,218
44,438,657
June 1 - 30, 2020
745
28.08
700
44,420,795
Total
98,830
$
24.80
98,695
(1)
Includes a total of 135 Units redeemed for cash pursuant to the exercise of exchange rights. Second quarter purchases included 98,695 Series C Preferred Shares.
(2)
Amount includes commissions paid.
(3)
Represents amounts outstanding under our $50 million share repurchase program, which was authorized by our Board of Trustees on December 5, 2019.
Item 3. Defaults Upon Senior Securities
None
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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.