Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The Company had no unregistered sales of equity securities during the second quarter of 2021.
+Added: The Company had no unregistered sales of equity securities during the third quarter of 2021.
The following table sets forth information with respect to shares of our common stock purchased by the Company during the periods indicated:
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Announced Plans
+Added: or Programs ( 2)
Maximum Number
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or Programs ( 2)
−Removed: April 1, 2021
−Removed: April 30, 2021
−Removed: June 30, 2021
−Removed: All purchases were made pursuant to the Company’s Omnibus Incentive Plan, under which participants may satisfy tax withholding obligations incurred upon the vesting of restricted stock by requesting the Company to withhold shares with a value equal to the amount of the withholding obligation.
+Added: July 31, 2021
+Added: August 1, 2021
+Added: August 31, 2021
+Added: September 1, 2021
+Added: September 30, 2021
+Added: Except for the 1,533,998 shares of the Company’s common stock repurchased as described in footnote (2) which follows, all purchases were made pursuant to the Company’s Omnibus Incentive Plan, under which participants may satisfy tax withholding obligations incurred upon the vesting of restricted stock by requesting the Company to withhold shares with a value equal to the amount of the withholding obligation.
The Company’s Board of Directors had previously authorized a share repurchase program of up to $250.0 million of the Company’s common stock (the “Share Repurchase Program”).
Under the Share Repurchase Program, the Company is authorized to repurchase shares through open market purchases, privately-negotiated transactions or otherwise in accordance with applicable federal securities laws, including through Rule 10b5-1 trading plans and under Rule 10b-18 of the Exchange Act.
−Removed: As of June 30, 2021, the Company had approximately $237.6 million available under the Share Repurchase Program.
−Removed: In connection with Amendment No.
−Removed: 12 to the Company’s Amended Credit Agreement, the Company is restricted from making restricted payments, including share repurchases, through the third quarter of 2022 unless certain conditions are met .
−Removed: See Note 6–Long-Term Debt and Note 11–Stockholders’ Deficit in the notes to the unaudited condensed consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q.
+Added: During the nine months ended September 30, 2021, the Company repurchased 1,533,998 shares for an aggregate total of approximately $82.7 million.
+Added: As of September 30, 2021, the Company had approximately $154.9 million available under the Share Repurchase Program.
+Added: Refer to Note 11 – Stockholders’ Equity (Deficit) in our notes to the unaudited condensed consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q for further details.
Defaults Upon Senior Securities
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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.