Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table provides information about purchases by Insperity during the three months ended March 31, 2021 of equity securities that are registered by Insperity pursuant to Section 12 of the Exchange Act:
Period
Total Number of Shares Purchased (1)(2)
Average Price Paid per Share Total Number of Shares Purchased Under Announced Program (2)
Maximum Number of Shares Available for Purchase under Announced Program (2)
01/01/2021 – 01/31/2021 45,764 $ 79.07 45,734 1,082,403
02/01/2021 – 02/28/2021 29,501 79.14 4,170 1,078,233
03/01/2021 – 03/31/2021 265,052 89.54 — 1,078,233
Total 340,317 $ 87.23 49,904
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(1) During the three months ended March 31, 2021, 290,413 shares of stock were withheld to satisfy tax-withholding obligations arising in conjunction with the vesting of restricted stock, restricted stock units, short-term and long-term incentive compensation awards. The required withholding is calculated using the closing sales price reported by the New York Stock Exchange on the date prior to the applicable vesting date. These shares are not subject to the repurchase program.
(2) As of March 31, 2021, we were authorized to repurchase an additional 1,078,233 shares under the program. Unless terminated earlier by resolution of the Board, the repurchase program will expire when we have repurchased all shares authorized for repurchase under the repurchase program.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.