15 unchanged sentences
end of period (2)
−Removed: August 1 - August 31, 2021 38 $ 18.23 — $ 6,771,467
−Removed: September 1 - September 30, 2021 3,542 $ 17.65 — 6,771,467
−Removed: (1) The repurchased shares were acquired other than as part of a publicly announced plan or program.
+Added: March 1 - March 31, 2022 104,255 $ 12.99 51,145 19,330,714
+Added: (1) The repurchased shares include 53,110 shares acquired other than as part of a publicly announced plan or program.
The Company repurchased these securities in connection with its Amended and Restated 2000 Long Term Incentive Plan, which allows participants to use shares to satisfy the exercise price of options exercised, certain tax liabilities arising from the exercise of options, and certain tax liabilities arising from the vesting of restricted stock.
−Removed: The number above does not include unvested shares forfeited back to the Company pursuant to the terms of its stock compensation plans.
−Removed: (2) On April 30, 2013, the Board of Directors of the Company authorized the repurchase of up to $10.0 million of the Company’s common stock.
−Removed: The repurchase authorization permits the Company to effect the repurchases from time to time through open market purchases and privately negotiated transactions.
−Removed: No repurchases occurred during the three months ended September 30, 2021.
+Added: The foregoing number does not include unvested shares forfeited back to the Company pursuant to the terms of its stock compensation plans.
+Added: (2) On March 14, 2022, the Company announced that its Board of Directors of the Company authorized the repurchase of up to $20.0 million of the Company’s common stock, replacing the Company’s previously-authorized $10 million share repurchase program.
+Added: The repurchase authorization permits the Company to effect the repurchases from time to time
+Added: through open market purchases and privately negotiated transactions.
+Added: During the three months ended March 31, 2022, the Company repurchased 51,145 shares for a total cost of $ 0.7 million and thereafter retired the shares.
See the Exhibit Index below, which is incorporated by reference herein.
16 unchanged sentences
/s/ Robert B.
−Removed: Kay November 4, 2021
+Added: Kay May 5, 2022
Chief Executive Officer and Director
(Principal Executive Officer)
−Removed: /s/ Laurence Winoker November 4, 2021
+Added: /s/ Laurence Winoker May 5, 2022
Laurence Winoker
2 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.