Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: In February 2006 and subsequently amended in May 2013, our Board of Directors authorized the repurchase of 2,250,000 shares Common Stock.
−Removed: Unless terminated earlier by resolution of our Board of Directors, the repurchase program will expire when we have repurchased all shares of Common Stock authorized for repurchase thereunder.
−Removed: Our Credit Agreement provides that, in order for us to pay dividends, there must be no default or event of default existing or that would result from such payment and we must show that we would comply with the Credit Agreement’s fixed charge coverage ratio and consolidated cash flow leverage ratio after giving pro forma effect to such payment.
−Removed: The table below summarizes repurchases of Common Stock during the three months ended March 31, 2022.
+Added: During the three months ended June 30, 2022, we had two stock repurchase programs in effect –
+Added: the 2006 Program and the 2022 Program. 
+Added: Both of these repurchase programs are described in more detail under the heading “Stock Repurchase Programs”
+Added: in Item 2 –
+Added: Management’s Discussion and Analysis of Financial Condition and Results of Operations. 
+Added: As of June 30, 2022, the 2022 Program was the only repurchase program that remained in effect.
+Added: Our Credit Agreement provides that, in order for us to pay dividends or repurchase our Common Stock, there must be no default or event of default existing or that would result from such payment and we must show that we would comply with the Credit Agreement’s fixed charge coverage ratio and consolidated cash flow leverage ratio after giving pro forma effect to such payment.
+Added: The table below summarizes repurchases of Common Stock during the three months ended June 30, 2022.
Average Price
8 unchanged sentences
Plans or Programs
−Removed: Jan 1 –
−Removed: Feb 1 –
−Removed: Mar 1 –
−Removed: Shares were repurchased pursuant to a repurchase plan originally announced on February 14, 2006.
−Removed: The repurchase plan was subsequently amended to permit the repurchase of up to 2,250,000 shares of Common Stock.
+Added: Apr 1 –
+Added: May 1 –
+Added: Jun 1 –
+Added: Of the shares noted in this column, 1,981 shares were repurchased under the 2006 Program in May 2022, which represented all shares that remained available for repurchase under the 2006 Program, and the balance of shares were purchased under the 2022 Program. 
+Added: We originally announced the 2006 Program on February 14, 2006, it provided for the repurchase of up to 2,250,000 shares of Common Stock, and it had no expiration date. 
+Added: We announced the 2022 Program on May 20, 2022, it provided for the repurchase of up to 2,500,000 shares of Common Stock, and it has no expiration date.
The exhibits listed in the exhibit index below are filed as part of this Quarterly Report on Form 10-Q.
12 unchanged sentences
Written Statement of the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C.
−Removed: Financial statements from the Quarterly Report on Form 10-Q of National Research Corporation for the quarter ended March 31, 2022, formatted in Inline eXtensible Business Reporting Language (iXBRL):
+Added: Financial statements from the Quarterly Report on Form 10-Q of National Research Corporation for the quarter ended June 30, 2022, formatted in Inline eXtensible Business Reporting Language (iXBRL):
(i) the Condensed Consolidated Balance Sheets, (ii) the Condensed Consolidated Statements of Income, (iii) the Condensed Consolidated Statements of Comprehensive Income, (iv) the Condensed Consolidated Statements of Cash Flows, (v) the Notes to Condensed Consolidated Financial Statements, and (vi) document and entity information.
3 unchanged sentences
NATIONAL RESEARCH CORPORATION
+Added: August 5, 2022
/s/ Michael D.
1 unchanged sentence
Executive Officer)
−Removed: May 6, 2022 
+Added: August 5, 2022 
Senior Vice President Finance,
3 unchanged sentences
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.