Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Recent Sales of Unregistered Securities
None.
Recent Repurchases of Equity Securities
Period Total Number of Shares Repurchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1)
Fiscal 2022
January 1, 2022 through January 31, 2022 128,500 $ 61.67 128,500 $ 68,539,400
February 1, 2022 through February 28, 2022 116,864 $ 60.81 116,864 $ 61,433,421
March 1, 2022 through March 31, 2022 195,085 $ 57.69 195,085 $ 50,179,597
April 1, 2022 through April 30, 2022 40,000 $ 47.97 40,000 $ 48,260,767
May 1, 2022 through May 31, 2022 42,000 $ 41.46 42,000 $ 46,519,356
June 1, 2022 through June 30, 2022 42,000 $ 36.91 42,000 $ 44,968,957
Total 564,449 564,449
______________________
(1) On February 24, 2021, we publicly announced that our board of directors authorized a plan to repurchase up to $100 million of our common stock over a period ending February 16, 2024. The amount and timing of repurchases are subject to a variety of factors including liquidity, share price, market conditions, and legal requirements. Any purchases will be funded from available working capital and may be effected through open market purchases, block transactions, and privately negotiated transactions. The share repurchase program does not obligate us to make any repurchases and may be modified, suspended, or terminated by us at any time without prior notice. The share repurchase program has been temporarily suspended since July 2022 due to our pending merger with Silicon Motion.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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