Item 2. Unregistered Sales of Equity Securities
ITEM 2.
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer Purchases of Equity Securities
(c)
Total
(d)
Number of
Maximum
Units
Number
Purchased
of Units that
as
May
Part of
Yet Be
(a)
(b)
Publicly
Purchased
Total
Average
Announced
Under the
Number of
Price
Plans
Plans
Units
Paid
or
or
Period
Purchased
per Unit
Programs
Programs
January 1, 2024 – January 31, 2024
12,500
(2)
$
32.74
-
119,312
(1)
February 1, 2024 – February 29, 2024
1,275
(2)
$
30.90
-
118,037
(1)
March 1, 2024 – March 31, 2024
-
N/A
-
118,037
(1)
Total
13,775
$
32.57
-
118,037
(1)
(1)
The number of common units that the Operating Partnership may grant under the Dorchester Minerals Operating LP Equity Incentive Program, as amended and restated as of October 4, 2023, which was approved by our common unitholders on May 20, 2015 (the “Equity Incentive Program”), each fiscal year may not exceed 0.333% of the number of common units outstanding at the beginning of the fiscal year. In 2024, the maximum number of common units that could be purchased under the Equity Incentive Program is 131,812 common units.
(2)
Open-market purchases by the Operating Partnership, an affiliate of the Partnership, pursuant to a Rule 10b5-1 plan adopted on November 10, 2023 for the purpose of satisfying equity awards to be granted pursuant to the Equity Incentive Program.
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.