Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities.
2(a): Unregistered Sales of Equity Securities and Use of Proceeds
None.
2(b): Use of Proceeds from Registered Securities
None.
2(c): Purchases of Equity Securities
During the three months ended March 31, 2021, repurchases made pursuant to our repurchase program were as follows:
Record Date
Total number of
shares
purchased (1)
Weighted average
price paid
per share (2)
Total number of
shares purchased
as part of publicly
announced plans
or programs
Maximum number
(or approximate
dollar value) of
common shares
that may yet be
purchased under
the plans or
programs (3)
(in millions)
January 1, 2021 through January 31, 2021
3
$
17.15
—
$
234
February 1, 2021 through February 28, 2021
95,565
$
20.91
—
$
234
March 1, 2021 through March 31, 2021
392
$
21.15
—
$
—
95,960
—
(1)
The number of shares purchased represents shares of common stock surrendered by certain of our employees to satisfy their federal and state tax obligations associated with the vesting of restricted common stock.
(2)
The weighted average price paid per share for shares of common stock surrendered by certain employees is based on the closing price of our common stock on the trading date immediately prior to the date of delivery of the shares.
(3)
The stock repurchase program authorized in February 2019 for the repurchase of up to $300 million of the Company’s common stock expired on February 28, 2021.
Item 3. Defaults Upon Senior Securities.
Not applicable.
Item 4. Mine Safety Disclosures.
Not applicable.
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