Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
During the three months ended September 30, 2021, we did not sell any securities which were not registered under the Securities Act of 1933. The following table summarizes our purchases of shares of common stock during this period.
ISSUER PURCHASES OF EQUITY SECURITIES 1,2
(a) (b) (c) (d)
For the Three Months Ended September 30, 2021
Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that may yet be Purchased Under Plans or Programs 3
Common Stock
(in thousands)
July 1, 2021 to July 31, 2021 79,487 $9.94 79,487 $6,827
August 1, 2021 to August 31, 2021 68,868 $9.89 68,868 $6,146
September 1, 2021 to September 30, 2021 109,369 $9.76 109,369 $10,000
1 The table summarizes repurchases of (and remaining authority to repurchase) shares of our Common Stock.
2 The figures in the table reflect transactions according to the settlement dates. For purposes of our unaudited consolidated financial statements included in this Form 10-Q, the impact of these repurchases is recorded according to the settlement dates.
3 Our Board of directors authorized the repurchase of up to $10.0 million of our outstanding Common Stock in the open market (pursuant to Rule 10b5-1 plans or otherwise), block trades or privately negotiated transactions. On October 23, 2020, the repurchase program, which was initially set to expire on September 30, 2020, was extended to September 30, 2021. On September 30, 2021, our Board of Directors authorized the repurchase of up to an additional $10.0 million of our outstanding Common Stock in the open market (pursuant to Rule 10b5-1 plans or otherwise), block trades or privately negotiated transactions. This repurchase program is set to expire on September 30, 2022. The amounts in this column indicate the remaining amounts that may yet be expended to repurchase shares under these authorizations.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
None.
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