Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
During the three months ended March 30, 2024, we purchased shares of our common stock as follows:
Period Total Number
of Shares
Purchased Average
Price Paid
per Share Total Number
of Shares
Purchased as
Part of Publicly
Announced
Plans or
Programs (3) Maximum
Number
(or Approximate
Dollar Value)
of Shares that
May Yet Be Purchased
Under the Plans or Programs (4)
January 1, 2024 through January 27, 2024 (1) 103,624 $ 82.12 98,573 $ 204,577,352
January 28, 2024 through February 24, 2024 (2) 104,885 $ 82.76 103,800 $ 195,986,974
February 25, 2024 through March 30, 2024 (3) 110,743 $ 90.90 107,800 $ 186,193,115
Total 319,252 310,173 $ 186,193,115
(1) Includes 5,051 shares purchased from the Dorman Products, Inc. 401(k) Plan and Trust (the “ 401(k) Plan”).
(2) Includes 1,085 shares purchased from the 401(k) Plan.
(3) Includes 1,320 shares of our common stock withheld from participants for income tax withholding purposes in connection with the vesting of restricted stock awards (“RSAs”) during the period. The RSAs were granted to participants in prior periods pursuant to our 2008 Stock Option and Stock Incentive Plan (the “2008 Plan”). Also includes 1,623 shares purchased from the 401(k) Plan.
(4) On December 12, 2013 we announced that our Board of Directors authorized a share repurchase program, authorizing the repurchase of up to $10 million of our outstanding common stock by the end of 2014. Through several actions taken since that time, including most recently in July 2022, our Board of Directors has expanded the program to $600 million and extended the program through December 31, 2024. Under this program, share repurchases may be made from time to time depending on market conditions, share price, share availability and other factors at our discretion.
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Table of Contents
ITEM 3. Defaults Upon Senior Securities
None
ITEM 4. Mine Safety Disclosures
Not Applicable
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