Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: We did not engage in unregistered sales of equity securities during the nine months ended September 30, 2020.
+Added: We did not engage in unregistered sales of equity securities during the three months ended March 31, 2021.
Issuer Purchases of Equity Securities
Dividend Reinvestment Plan
−Removed: During the nine months ended September 30, 2020, as part of our dividend reinvestment plan for our common stockholders, our dividend reinvestment plan administrator purchased 248,201 shares of our common stock for $2.0 million in the open market in order to satisfy the reinvestment portion of our distribution.
−Removed: The following table outlines purchases by our dividend reinvestment plan administrator of our common stock for this purpose during the nine months ended September 30, 2020.
−Removed: (in thousands, except shares and per share data) Total Number of Weighted Average Price Total Number of Shares Purchased as Part of Publicly Announced Plans Maximum Number (or Approximate Dollar Value) of Shares that May Yet Be Purchased Under the
−Removed: Period Shares Purchased Paid Per Share or Programs Plans or Programs
−Removed: January 2020 — $ — — $ —
−Removed: February 2020 — — — —
−Removed: March 2020 133,539 6.75 — —
−Removed: April 2020 12,551 6.76 — —
−Removed: May 2020 — — — —
−Removed: June 2020 — — — —
−Removed: July 2020 102,111 9.52
−Removed: August 2020 — — — —
−Removed: September 2020 — — — —
−Removed: Total 248,201 $ 7.89 — —
+Added: During the quarter ended March 31, 2021, we did not purchase any of our common stock in the open market in connection with our dividend reinvestment plan.
Stock Repurchase Program
−Removed: On February 4, 2016, our board of directors authorized a program for the purpose of repurchasing up to $50.0 million worth of our common stock (the "Repurchsae Program").
+Added: On February 4, 2016, our board of directors authorized a program for the purpose of repurchasing up to $50.0 million worth of our common stock (the "Repurchase Program").
Under the Repurchase Program, we were permitted, but were not obligated to, repurchase our outstanding common stock in the open market from time to time, provided that we complied with our code of ethics and the guidelines specified in Rule 10b-18 of the Exchange Act, including certain price, market volume and timing constraints.
1 unchanged sentence
On December 31, 2020, our board of directors extended our Repurchase Program and we expect the Repurchase Program to be in place until the earlier of December 31, 2021 or until $50.0 million of outstanding shares of common stock have been repurchased.
−Removed: We did not repurchase any shares of our common stock under the Repurchase Program during the quarter ended September 30, 2020.
+Added: We did not repurchase any shares of our common stock under the Repurchase Program during the quarter ended March 31, 2021.
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.