MID PENN BANCORP INC 10-Q

ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS During 2020, Mid Penn announced the adoption of a treasury stock repurchase program authorizing the repurchase of up to $15,000,000 of Mid Penn’s outstanding common stock, which represents approximately 6.6% of the issued shares based on Mid Penn’s closing stock price and shares issued as of March 31, 2021. Under the treasury stock purchase program, Mid Penn may conduct repurchases of its common stock through open market transactions (which may be by means of a trading plan adopted under SEC Rule 10b5-1) or in privately negotiated transactions. Repurchases under the program are made at the discretion of management and are subject to market conditions and other factors. There is no guarantee as to the exact number of shares that Mid Penn may repurchase. The repurchase plan became effective March 19, 2020 and remains available as the buyback program was extended through March 19, 2022 by Mid Penn’s Board of Directors. A summary of treasury stock activity during the quarter is presented below. Approximate Dollar Total Number of Shares Value of Shares That Total Number Average Purchased as Part of May Yet Be of Shares Price Publicly Announced Purchased Under Period Purchased Per Share Plans or Programs the Plans or Programs January 1 - January 31, 2021 — $ — — $ — February 1 - February 28, 2021 5,800 $ 22.09 98,452 $ 13,077,211 March 1 - March 31, 2021 — $ — — $ — ITEM 3 – DEFAULTS UPON SENIOR SECURITIES None ITEM 4 – MINE SAFETY DISCLOSURES Not Applicable