UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The following table details repurchases by Peoples and purchases by “affiliated purchasers” as defined in Rule 10b-18(a)(3) under the Securities Exchange Act of 1934, as amended, of Peoples’ common shares during the three months ended September 30, 2021:
+Added: The following table details repurchases by Peoples and purchases by “affiliated purchasers” as defined in Rule 10b-18(a)(3) under the Securities Exchange Act of 1934, as amended, of Peoples’ common shares during the three months ended March 31, 2022:
Total Number of Common Shares Purchased
2 unchanged sentences
Number (or Approximate Dollar Value) of Common Shares that May Yet Be Purchased Under the Plans or Programs (1)
−Removed: July 1 – 31, 2021 —
−Removed: — $ 30,000,000
−Removed: August 1 – 31, 2021 1,363 (2) $ 29.07 (2) — $ 30,000,000
−Removed: September 1 – 30, 2021 700 (3) $ 31.22 (3) — $ 30,000,000
+Added: January 1 – 31, 2022 650 (3) $ 32.91 (3) — $ 30,000,000
+Added: February 1 – 28, 2022 35,474 (2) $ 32.63 (2) — $ 30,000,000
+Added: March 1 – 31, 2022 735 (3) $ 32.75 (3) — $ 30,000,000
Total 36,859 $ 32.64 — $ 30,000,000
(1) On January 29, 2021, Peoples announced that on January 28, 2021, Peoples' Board of Directors authorized a share repurchase program authorizing Peoples to purchase up to an aggregate of $30 million of Peoples' outstanding common shares.
−Removed: There were no common shares repurchased under the share repurchase program during the three months ended September 30, 2021.
+Added: There were no common shares repurchased under the share repurchase program during the three months ended March 31, 2022.
(2) Information reported includes an aggregate of 35,474 common shares withheld to satisfy income taxes associated with restricted common shares which were granted under the Peoples Bancorp Inc.
−Removed: Third Amended and Restated 2006 Equity Plan and vested during August 2021.
−Removed: (3) Information reported includes 700 common shares purchased in open market transactions during September 2021 by Peoples Bank under the Rabbi Trust Agreement.
+Added: Third Amended and Restated 2006 Equity Plan and vested during February 2022.
+Added: (3) Information reported includes 650 common shares and 735 common shares purchased in open market transactions during January 2022 and March 2022, by Peoples Bank under the Rabbi Trust Agreement.
The Rabbi Trust Agreement establishes a rabbi trust that holds assets to provide funds for the payment of the benefits under the Peoples Bancorp Inc.
5 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.