Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equi ty Securities and Use of Proceeds
Share Repurchases
This table provides certain information with respect to our monthly repurchases of the Company’s common stock during the second quarter of fiscal year 2022:
Period
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publically Announced Plan
Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plan
April 1, 2022, through April 30, 2022
231,727
$
135.71
4,538,470
$
343,180,669
May 1, 2022, through May 31, 2022
1,573,616
$
136.28
6,112,086
$
128,735,169
June 1, 2022, through June 30, 2022
912,036
$
141.15
7,024,122
$
—
Total
2,717,379
$
137.86
7,024,122
All share repurchases were made using cash resources and executed pursuant to established Rule 10b5-1 trading plans. Our share repurchases may occur through open market purchases or negotiated transactions. The above table excludes shares repurchased to settle employee tax withholding related to the vesting of stock awards.
We returned $374.6 million to shareholders in the form of share repurchases in the second quarter of fiscal year 2022. Refer to Note 1 – Basis of Presentation of the Notes to Condensed Consolidated Financial Statements (Part I, Item 1 of this Form 10-Q) for further discussion regarding share repurchases.
Recent Sales of Unregistered Securities
Date
Equity Plan
Number of Stock Options Exercised
Exercise Price
Approximate Aggregate Purchase Price
April 6, 2022
2014 Equity Incentive Plan
1,000
$
18.23
$
18,200
June 1, 2022
2014 Equity Incentive Plan
6,000
16.88
101,300
June 15, 2022
2014 Equity Incentive Plan
650
18.23
11,800
Total
7,650
$
131,300
All of the forgoing transactions involved issuances of securities to employees of the Company and are exempt from registration pursuant to Rule 701 promulgated under the Securities Act of 1933, as amended, as transactions pursuant to benefit plans and contracts relating to compensation.
Use of Proceeds from Registered Securities
Not applicable.
Item 3. Defaults Upo n Senior Securities
None.
Item 4. Mine Saf ety Disclosures
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.