UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The following table summarizes our purchases of our Common Stock (CS) and Common Stock Non-Voting (CSNV) during the third quarter of 2021.
+Added: The following table summarizes our purchases of our Common Stock (CS) and Common Stock Non-Voting (CSNV) during the first quarter of 2022.
ISSUER PURCHASES OF EQUITY SECURITIES
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of Shares that
−Removed: June 1, 2021 to June 30, 2021 CS – 13,217 (1)
+Added: December 1, 2021 to December 31, 2021 CS – 34,457 (1)
$ 90.48 34,457 $573 million
CSNV – 0 $ — —
−Removed: July 1, 2021 to July 31, 2021 CS – 0
+Added: January 1, 2022 to January 31, 2022 CS – 19,074 (2)
$ 97.86 19,074 $571 million
CSNV – 0 $ — —
−Removed: August 1, 2021 to August 31, 2021 CS – 18,667 (2)
+Added: February 1, 2022 to February 28, 2022 CS – 36,681 (3)
$ 100.54 36,681 $567 million
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CSNV – 0 $ — —
−Removed: (1) On June 15, 2021, we purchased 13,217 shares of our CS from our U.S.
+Added: (1) On December 8, 2021 and December 14, 2021, we purchased 17,394 shares and 17,063 shares, respectively, of our CS from our U.S.
+Added: defined contribution retirement plan to manage shares, based upon participant activity, in the plan's company
+Added: The prices paid per share represented the closing price of the common shares on December 8, 2021 and December 14, 2021, respectively.
+Added: (2) On January 28, 2022, we purchased 19,074 shares of our CS from our U.S.
defined contribution retirement plan to manage shares, based upon participant activity, in the plan's company stock fund.
−Removed: The price paid per share represented the closing price of the common shares on June 15, 2021.
−Removed: (2) On August 11, 2021, we purchased 18,667 shares of our CS from our U.S.
+Added: The price paid per share represented the closing price of the common shares on January 28, 2022.
+Added: (3) On February 4, 2022 and February 17, 2022, we purchased 17,980 shares and 16,701 shares, respectively, of our CS from our U.S.
defined contribution retirement plan to manage shares, based upon participant activity, in the plan's company stock fund.
−Removed: The price paid per share represented the closing price of the common shares on August 11, 2021.
−Removed: As of August 31, 2021, $581.4 million remained of the $600 million share repurchase authorization approved by the Board of Directors in November 2019.
+Added: The price paid per share represented the closing price of the common shares on February 4, 2022 and February 17, 2022, respectively.
+Added: As of February 28, 2022, $567.4 million remained of the $600 million share repurchase authorization approved by the Board of Directors in November 2019.
The timing and amount of any shares repurchased is determined by our management based on its evaluation of market conditions and other factors.
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Typically, these exchanges are made in connection with the administration of our employee benefit plans, executive compensation programs and dividend reinvestment/direct purchase plans or at the request of holders of common stock.
−Removed: The number of shares issued in an exchange is generally equal to the number of shares received in the exchange,
−Removed: although the number may differ slightly to the extent necessary to comply with the requirements of the Employee Retirement Income Security Act of 1974.
−Removed: During the third quarter of 2021, we issued 165,695 shares of CSNV in exchange for shares of CS and issued 8,740 shares of CS in exchange for shares of CSNV.
+Added: The number of shares issued in an exchange is generally equal to the number of shares received in the exchange, although the number may differ slightly to the extent necessary to comply with the requirements of the Employee Retirement Income Security Act of 1974.
+Added: During the first quarter of 2022, we issued 703,996 shares of CSNV in exchange for shares of CS and issued 27,362 shares of CS in exchange for shares of CSNV.
DEFAULTS UPON SENIOR SECURITIES
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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.