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 June 30, 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
April 1 to April 30, 2022 529,699 $ 78.27 529,554 $ 96,652,690
May 1 to May 31, 2022 429,049 $ 77.70 428,967 $ 63,319,851
June 1 to June 30, 2022 361,699 $ 79.13 361,648 $ 34,701,602
Total 1,320,447 $ 78.32 1,320,169
(1) Of these shares, 145 shares, 82 shares, and 51 shares were surrendered in April 2022, May 2022, and June 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 June 30, 2022, the average price per share of repurchased shares was $78.32 and the average price of surrendered shares related to tax withholding obligations was $79.54.
(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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