LA-Z-BOY INC 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS Our board of directors has authorized the repurchase of company stock. We spent $5.0 million on discretionary repurchases in the first quarter of fiscal 2023 to repurchase 0.2 million shares. As of July 30, 2022, 7.3 million shares remained available for repurchase pursuant to the board authorization. With the operating cash flows we anticipate generating in fiscal 2023, we expect to continue repurchasing company stock. The following table summarizes our repurchases of company stock during the quarter ended July 30, 2022: (Unaudited, amounts in thousands, except per share data) Total number of shares repurchased (1) Average price paid per share Total number of shares repurchased as part of publicly announced plan (2) Maximum number of shares that may yet be repurchased under the plan Fiscal May (May 1 – June 4, 2022) — $ — — 7,465 Fiscal June (June 5 – July 2, 2022) 153 $ 24.14 82 7,383 Fiscal July (July 3 – July 30, 2022) 122 $ 24.93 122 7,262 Fiscal First Quarter of 2023 275 $ 24.49 204 7,262 (1) In addition to the 203,573 shares we repurchased during the quarter as part of our publicly announced, board-authorized plan described above, this column includes 71,223 shares repurchased from employees to satisfy their withholding tax obligations upon vesting of restricted and performance based shares. (2) On October 28, 1987, our board of directors announced the authorization of the plan to repurchase company stock. The plan originally authorized 1.0 million shares, and since October 1987, 33.5 million shares have been added to the plan for repurchase. The authorization has no expiration date. ITEM 6. EXHIBITS Exhibit Number Description (10.1) * La-Z-Boy Incorporated 2017 Omnibus Incentive Plan Revised Sample Award Agreement effective June 28, 2022 (31.1) Certifications of Chief Executive Officer pursuant to Rule 13a-14(a) (31.2) Certifications of Chief Financial Officer pursuant to Rule 13a-14(a) (32) Certifications of Executive Officers pursuant to 18 U.S.C. Section 1350(b) (101.INS) Inline XBRL Instance Document (101.SCH) Inline XBRL Taxonomy Extension Schema Document (101.CAL) Inline XBRL Taxonomy Extension Calculation Linkbase Document (101.LAB) Inline XBRL Taxonomy Extension Label Linkbase Document (101.PRE) Inline XBRL Taxonomy Extension Presentation Linkbase Document (101.DEF) Inline XBRL Taxonomy Extension Definition Linkbase Document (104) The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended July 30, 2022, formatted in Inline XBRL (included in Exhibit 101) 28 Table of Contents Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. LA-Z-BOY INCORPORATED (Registrant) Date: August 23, 2022 BY: /s/ Jennifer L. McCurry Jennifer L. McCurry Vice President, Corporate Controller and Chief Accounting Officer 29