Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
(a) Not applicable.
(b) Not applicable.
(c) The following table sets forth information regarding the Company’s repurchases of its common stock during the three months ended March 31, 2022:
Issuer Purchases of Equity Securities
Total Number of Shares Purchased (1) Average Price Paid Per Share (2) Total Number of
Shares Purchased as
Part of Publicly
Announced Plan or
Program (3) Maximum Number of Shares (or Approximate Dollar Value) That May Yet Be Purchased Under the Plan or Program (3)
Period
January 1 to January 31, 2022 591 $ 78.53 591 $ 139,953,590
February 1 to February 28, 2022 33,264 $ 81.47 23,233 $ 138,098,158
March 1 to March 31, 2022 2,510 $ 82.77 — $ 138,098,158
Total 36,365 $ 81.51 23,824
(1) Of these shares, 23,824 shares were purchased under the Company's share repurchase program and 10,031,shares and 2,510 shares were surrendered in February 2022 and March 2022, respectively, in connection with the exercise and/or vesting of equity compensation grants to satisfy related tax withholding obligations.
(2) During the three months ended March 31, 2022, the average price per share of repurchased shares was $79.83 and the average price of surrendered shares related to tax withholding obligations was $84.71.
(3) On January 20, 2022, the Company announced that its Board of Directors authorized a share repurchase program of up to $140 million in shares of the Company's common stock. The program is scheduled to expire on January 18, 2023 and may be modified, suspended or discontinued without prior notice at any time.
Item 3. Defaults Upon Senior Securities - None.
Item 4. Mine Safety Disclosures - Not Applicable.
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