7 unchanged sentences
Dividend Policy
−Removed: We do not anticipate paying cash dividends on our shares of Class A common stock or Class B common stock on a go-forward basis.
+Added: We do not anticipate paying cash dividends on our shares of Class A common stock or Class B common stock for the foreseeable future.
Stock Performance Graph
18 unchanged sentences
December 1, 2023 - December 31, 2023
−Removed: 922,293 $ 3.93 922,293 $ 45,381
+Added: These amounts consist entirely of shares surrendered to satisfy tax withholding obligations upon the vesting of equity awards under our 2021 Equity Incentive Plan (as amended, the “Plan”).
+Added: Under the Plan and applicable award agreements, the Company has the discretionary right to collect payment of mandatory tax withholding obligations by deducting from the shares otherwise deliverable to a participant upon vesting and settlement of an award under the Plan a number of shares having a fair market value equal or less than such participant’s tax withholding obligations.
+Added: All shares so deducted from shares that otherwise would be deliverable to participants under the Plan are considered repurchased pursuant to the terms of the Plan and applicable award agreements and not pursuant to any publicly announced share repurchase program.
+Added: Average price paid per share includes costs associated with the repurchases.
The repurchases are being executed from time to time, subject to general business and market conditions, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 trading plans, pursuant to a stock repurchase program.
2 unchanged sentences
On November 2, 2022, the Company’s Board of Directors approved an extension of the time period for repurchases under the stock repurchase program for an additional 12 months from November 10, 2022 to November 10, 2023.
−Removed: The Company publicly announced the extension of such time period on November 8, 2022.
−Removed: See Note 17 of the notes to consolidated financial statements included in Item 8 of this Annual Report on Form 10-K for additional information relating to share repurchases.
−Removed: Average price paid per share includes costs associated with the repurchases.
−Removed: Subsequent to December 31, 2022, the Company acquired an additional 1.3 million shares of Class A common stock under this program at an aggregate purchase price of $5.4 million and an average purchase price of $4.29 per share.
+Added: On November 1, 2023, the Company's Board of Directors extended the stock repurchase program through November 10, 2024 and increased the remaining amount authorized to $50.0 million.
+Added: The Company publicly announced such extension and increase on November 2, 2023.
+Added: See Note 19— Stockholders’ Equity of the notes to consolidated financial statements included in Item 8 of this Annual Report on Form 10-K for additional information relating to share repurchases.
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.