Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: In December 2018, the Companys board of directors authorized a stock repurchase program, or the December 2018 Share Repurchase
−Removed: Under the December 2018 Share Repurchase Program, the Company was permitted to repurchase up to $200 in the aggregate of its outstanding common stock in the open market at prices below the then-current net asset value per share.
−Removed: December 2018 Share Repurchase Program has concluded since the aggregate repurchase amount that was approved by the Companys board of directors has been expended.
−Removed: During the nine months ended September 30, 2020, the Company repurchased 2,823,750 shares of common stock pursuant to the 2018 Share Repurchase Program at an average price per share (inclusive of
−Removed: commissions paid) of $16.71 (totaling $47).
−Removed: As previously disclosed, certain affiliates of the owners of the Advisor committed
−Removed: $100 to a $350 investment vehicle that may invest from time to time in shares of the Company.
−Removed: In June 2020, that investment vehicle entered into a written trading plan with a third party broker in accordance with Rule
−Removed: 10b5-1 and Rule 10b-18 promulgated under the Exchange Act, or the Affiliated Purchaser Program, to facilitate the purchase of shares of our common stock pursuant to the
−Removed: terms and conditions of such plan.
−Removed: The Affiliated Purchaser Program provides for the purchase of up to $100 worth of shares of our common stock, subject to the limitations provided therein.
−Removed: During the nine months ended September 30, 2020, the Affiliated Purchaser Program purchased 2,684,525 shares of common stock at an
−Removed: average price per share (inclusive of commissions paid) of $15.20 (totaling $41).
−Removed: During the period from October 1, 2020 to October 31, 2020, the Affiliated Purchaser Program purchased 632,082 shares of common stock at an average price per
−Removed: share (inclusive of commissions paid) of $15.61 (totaling $10).
−Removed: The table below provides information concerning purchases of our shares of common stock
−Removed: by or on behalf of the Company or any affiliated purchaser, as defined by Rule 10b-18(a)(3) promulgated under the Exchange Act during the quarterly period ended September 30, 2020.
−Removed: amounts in the table below and the related notes are presented in millions, except for share and per share amounts.
−Removed: Share and per share amounts in the table below have been retroactively adjusted to reflect the Reverse Stock Split.
−Removed: per Share (1)
−Removed: Total Number of
−Removed: Shares Purchased as
−Removed: Part of Publicly
−Removed: Announced Plans
−Removed: Maximum Number
−Removed: (or Approximate
−Removed: Dollar Value)
−Removed: Shares that May Yet
−Removed: Be Purchased Under
−Removed: July 1, 2020 through July 31, 2020
−Removed: August 1, 2020 through August 31, 2020
−Removed: September 1, 2020 through September 30, 2020
−Removed: Amount includes commissions paid.
−Removed: Includes amounts pursuant to the Affiliated Purchaser Program.
+Added: As previously disclosed, certain affiliates of the owners of the Advisor committed $100 to a $350 investment vehicle, or the Affiliated
+Added: Purchaser, that may invest from time to time in shares of the Company.
+Added: During the quarter ended March 31, 2021, the
+Added: Affiliated Purchaser did not purchase any shares of our common stock.
Defaults upon Senior Securities.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.