PDF SOLUTIONS INC 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds     Repurchase of Shares of Company Equity Securities    On June 4, 2020, the Company’s Board of Directors adopted a stock repurchase program (the “2020 Program”) to repurchase up to $25.0 million of the Company’s common stock both on the open market and in privately negotiated transactions, including through Rule 10b5-1 plans, over the next two years.   The table below sets forth the information with respect to purchases made under the 2020 Program by or on behalf of the Company or any “affiliated purchaser” (as the term is defined in Rule 10b-18(a)(3) under the Exchange Act) of our common stock during the three months ended March 31, 2021. Under the 2020 Program, $20.5 million of common stock remained available for future repurchases.                                                                 Approximate                       Total Number     Dollar                       of Shares     Value of                       Purchased     Shares that       Total             as Part of     May Yet Be       Number of             Publicly     Purchased       Shares     Average     Announced     Under       Purchased     Price Paid     Programs     Programs   Period   (in thousands)     Per Share     (in thousands)     (in thousands)   January 1, 2021 through January 31, 2021     —     $ —       —     $ 25,000   February 1, 2021 through February 28, 2021     69     $ 18.18       69     $ 23,747   March 1, 2021 through March 31, 2021     182     $ 17.94       182     $ 20,477   Total     251     $ 18.01       251             Item 3. Defaults Upon Senior Securities   None.     Item 4. Mine Safety Disclosures   None.