Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: Issuer Purchases of Equity Securities
−Removed: During the thirteen weeks ended September 28, 2022, the Company acquired shares of its common stock held by its employees to satisfy tax withholding obligations in connection with the vesting of previously issued restricted stock.
−Removed: T he number of shares of common stock acquired and the average price paid per share for each month in the third quarter ended September 28, 2022 are as shown in the table below.
−Removed: Total Number of
−Removed: Average Price
−Removed: Shares Purchased
−Removed: Paid Per Share
−Removed: June 30, 2022 to July 27, 2022
−Removed: July 28, 2022 to August 24, 2022
−Removed: August 25, 2022 to September 28, 2022
+Added: On October 11, 2022, the Company’s Board of Directors approved a share repurchase program (the “2022 Stock Repurchase Plan”) under which the Company is authorized to repurchase up to $20.0 million of shares of our common stock.
+Added: The 2022 Stock Repurchase Plan will terminate on March 28, 2024, may be modified, suspended or discontinued at any time, and does not obligate the Company to acquire any particular number of shares.
+Added: Under the 2022 Stock Repurchase Plan, the Company is permitted to repurchase its common stock from time to time, in amounts and at prices that the Company deemed appropriate, subject to market conditions and other considerations.
+Added: The Company’s repurchases will be executed using open market purchases, including pursuant to Rule 10b5-1 trading plans, and/or through privately negotiated transactions.
+Added: T he following table summarizes the Company’s purchases of common stock under the 2022 Stock Repurchase Plan in the quarterly period ended March 29, 2023 (in thousands, except number of shares and per share amounts):
+Added: Total Number of Shares Purchased
+Added: Average Price Paid Per Share
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
+Added: Approximate Dollar Value of Shares That May Be Purchased Under the Plans or Programs
+Added: December 29, 2022 to January 25, 2023
+Added: January 26, 2023 to February 22, 2023
+Added: February 23, 2023 to March 29, 2023
Defaults Upon Senior Securities.
1 unchanged sentence
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.