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 September 26, 2020, 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 (4)
Maximum
Number
(or Approximate
Dollar Value)
of Shares that
May Yet Be Purchased
Under the Plans or Programs (4)
June 28, 2020 through July 25, 2020 (1)
1,208
$
63.56
—
$
138,465,024
July 26, 2020 through August 22, 2020 (2)
37,250
$
83.85
30,847
$
135,871,785
August 23, 2020 through September 26, 2020 (3)
98,042
$
84.73
96,010
$
127,738,974
Total
136,500
126,857
$
127,738,974
20
(1)
Includes 108 shares of our common stock withheld from participants for income tax withholding purposes in connection with the ves ting of restricted stock during the period. The restricted stock was granted to participants in prior periods pursuant to our 2018 Stock Option and Stock Incentive Plan (the “2018 Plan”) . Also includes 1,100 shares purchased from the Dorman Products, Inc. 401(k) Plan and Trust (as described in Note 9 , Stock-Based Compensation, to the Notes to Condensed Consolidated Financial Statements included in this Quarterly Report on Form 10-Q) (the “401(k) Plan”) .
(2)
Includes 463 shares of our common stock withheld from participants for income tax withholding purposes in connection with the vesting of restricted stock during the period. The restricted stock was granted to participants in prior periods pursuant to our 2008 Stock Option and Stock Incentive Plan (the “2008 Plan”) and our 2018 Plan. Also includes 5,940 shares purchased from the 401(k) Plan.
(3)
Includes 142 shares of our common stock withheld from participants for income tax withholding purposes in connection with the vesting of restricted stock during the period. The restricted stock was granted to participants in prior periods pursuant to our 2008 Plan. Also includes 1,890 shares purchased from the 401(k) Plan.
(4)
As of September 26, 2020, our share repurchase program, authorized by our Board of Directors, provided for the repurchase of up $400 million of our outstanding common stock through December 31, 2020. 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. We repurchased 126,857 shares under this program during the three months ended September 26, 2020. On October 27, 2020, the Company’s Board of Directors approved a resolution to increase and extend its share repurchase program by an additional $100 million, raising the aggregate authorization under the program to $500 million and extending it through December 31, 2022.
.
ITEM 3. Defaults Upon Senior Securities
None
ITEM 4. Mine Safety Disclosures
Not Applicable
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