15 unchanged sentences
October 1 - October 31, 2022
−Removed: Employee transactions (1)
+Added: Equity withholding (1)
+Added: 11 $ 6.63 — $ —
+Added: Repurchase program (2)
+Added: — $ — — $ 28,330
November 1 - November 30, 2022
−Removed: Employee transactions (1)
+Added: Equity withholding (1)
215 $ 11.45 — $ —
−Removed: December 1 - December 31, 2021
Repurchase program (2)
— $ — — $ 28,330
−Removed: Employee transactions (1)
+Added: December 1 - December 31, 2022
+Added: Equity withholding (1)
10 $ 10.66 — $ —
+Added: Repurchase program (2)
+Added: — $ — — $ 28,330
(1) Upon vesting of most restricted stock units or stock awards, we are required to deposit minimum statutory employee withholding taxes on behalf of the holders of the vested awards.
1 unchanged sentence
Withholding of shares in this manner is accounted for as a repurchase of common stock.
−Removed: (2) Our Board of Directors approved a share repurchase program (the "Program") under which the Company is authorized to purchase up to $50.0 million of its common stock over the twelve month period commencing December 10, 2021.
−Removed: Shares repurchased under the Program in the quarter ended December 31, 2021 have been accounted for as treasury stock in the consolidated balance sheets.
−Removed: The average price paid per share purchased under the Program including broker commission costs.
+Added: (2) In December 2021, our Board of Directors approved a repurchase program (the "2021 Repurchase Plan") under which the Company was authorized to purchase up to $50.0 million of its common stock during the period from December 10, 2021 to December 10, 2022.
+Added: On November 4, 2022, the Board of Directors approved an extension of the Program through December 15, 2023.
+Added: At the time of extension, there was approximately $28.3 million remaining available under the Program.
+Added: On February 16, 2023, our Board of Directors approved a repurchase plan (the “2023 Repurchase Plan”), pursuant to which the Company is authorized to purchase up to an aggregate of $75.0 million of common stock or Convertible Senior Notes through February 16, 2025.
+Added: The 2023 Repurchase Plan replaces the 2021 Repurchase Plan.
+Added: Shares repurchased under the 2021 Repurchase Plan have all
+Added: been subsequently retired, which was recorded as a reduction in additional paid in capital.
+Added: The average price paid per share purchased under the Program includes broker commission costs.
Stock Performance Graph
5 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.