JBG SMITH Properties 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS (a) Not applicable. (b) Not applicable. (c) Purchases of equity securities by the issuer and affiliated purchasers: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period ​ Total Number Of Common Shares Purchased ​ ​ Average Price Paid Per Common Share ​ ​ Total Number Of Common Shares Purchased As Part Of Publicly Announced Plans Or Programs ​ ​ Approximate Dollar Value Of Common Shares That May Yet Be Purchased Under the Plan Or Programs July 1, 2022 - July 31, 2022 ​ 1,503,040 ​ $ 23.92 ​ ​ 1,503,040 ​ $ 394,530,230 August 1, 2022 - August 31, 2022 ​ 351,400 ​ ​ 22.77 ​ ​ 351,400 ​ ​ 386,523,151 September 1, 2022 - September 30, 2022 ​ 456,634 ​ ​ 21.90 ​ ​ 456,634 ​ ​ 376,514,358 Total for the three months ended September 30, 2022 ​ 2,311,074 ​ ​ 23.35 ​ ​ 2,311,074 ​ ​ ​ Total for the nine months ended September30, 2022 ​ 14,150,588 ​ ​ 25.49 ​ ​ 14,150,588 ​ ​ ​ Program total since inception in March 2020 ​ 23,297,409 ​ ​ 26.74 ​ ​ 23,297,409 ​ ​ ​ In March 2020, our Board of Trustees authorized the repurchase of up to $500.0 million of our outstanding common shares, which it increased to an aggregate of $1.0 billion in June 2022. Purchases under the program are made either in the open market or in privately negotiated transactions from time to time as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by us at our discretion and will be subject to economic and market conditions, share price, applicable legal requirements and other factors. The program may be suspended or discontinued at our discretion without prior notice . ITEM 3. DEFAULTS UPON SENIOR SECURITIES None. ​ ITEM 4. MINE SAFETY DISCLOSURES Not applicable. ​ 52 Table of Contents