New Mountain Finance Corp 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds We did not engage in unregistered sales of equity securities during the three months ended March 31, 2022. Issuer Purchases of Equity Securities Dividend Reinvestment Plan During the quarter ended March 31, 2022, we did not purchase any of our common stock in the open market in connection with our dividend reinvestment plan. Stock Repurchase Program 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. In addition, any repurchases were conducted in accordance with the 1940 Act. On December 22, 2021, our board of directors extended our Repurchase Program and we expect the Repurchase Program to be in place until the earlier of December 31, 2022 or until $50.0 million of outstanding shares of common stock have been repurchased. To date, approximately $2.9 million of common stock has been repurchased by us under the Repurchase Program. We did not repurchase any shares of our common stock under the Repurchase Program during the three months ended March 31, 2022. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.