1 unchanged sentence
Unregistered Sales of Equity Securities
−Removed: None during the period covered by this report.
+Added: In connection with the purchase of Bid4Assets on November 1, 2021, the Company agreed at closing to issue up to a total of 125,000 restricted stock units in a private placement to Mr.
+Added: Jesse Loomis, current Chief Executive Officer of Bid4Assets, exempt from registration under Rule 506(b) of Regulation D promulgated under the Securities Act of 1933, as amended, (i) 55,000 of which are time-based and vest over a four year period, and (ii) 70,000 of which are performance-based and vest upon Bid4Asset’s achievement of certain performance targets, subject in each case to Mr.
+Added: Loomis’ continued employment with the Company.
+Added: In addition to Mr.
+Added: Loomis’ continued employment, certain shareholders agreed not to directly or indirectly solicit or otherwise interfere with Bid4Assets’ employees for five years after closing.
Use of Proceeds
1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: There was no share repurchase activity during the three months ended June 30, 2021.
+Added: The following table presents information about our repurchases of common stock during the three months ended December 31, 2021 (in thousands, except share and per share amounts):
+Added: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as a Part of a Publicly Announced Program Approximate Dollar Value of Shares that May Yet be Purchased Under the Programs
+Added: October 1, 2021 to October 31, 2021 — $ — — $ —
+Added: November 1, 2021 to November 30, 2021 — $ — — $ —
+Added: December 1, 2021 to December 31, 2021 1
+Added: 151,863 $ 20.17 147,185 $ 17,037
+Added: Total 151,863 147,185
+Added: 1 Separate from the share repurchase program, our stock incentive plans allow for participants to exercise stock options by surrendering shares of common stock equivalent in value to the exercise price due.
+Added: During the three months ended December 31, 2021, participants surrendered 4,678 shares of common stock in the exercise of stock options.
+Added: Any shares surrendered to the Company in this manner are not available for future grant.
We have been authorized to repurchase issued and outstanding shares of our common stock under a share repurchase program approved by our Board of Directors.
2 unchanged sentences
The repurchase program may be discontinued or suspended at any time and will be funded using our available cash.
−Removed: As of June 30, 2021, the Company had $15 million of remaining authorization to repurchase shares under the May 3, 2021 Stock Repurchase Plan.
−Removed: Separate from the share repurchase program, our stock incentive plans allow for participants to exercise stock options by surrendering shares of common stock equivalent in value to the exercise price due.
−Removed: No shares of common stock were surrendered by participants in the exercise of stock options during the three months ended June 30, 2021.
+Added: As of December 31, 2021, the Company had $17.0 million of remaining authorization to repurchase shares under the December 6, 2021 Stock Repurchase Plan.
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.