Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
As disclosed in the table below, 32,603 shares were withheld during the three months ended March 31, 2022 at the direction of the employees as permitted under the 2011 Stock Incentive Plan in order to pay the minimum amount of tax liability owed by the employees from the vesting of previously issued restricted stock units:
Fiscal Month Period
Total Number of Shares Purchased (1)
Weighted Average Price per Share
Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs
Maximum
Number of Shares that May Yet be Purchased Under Announced Plans or Programs
January 1, 2022 through January 31, 2022
-
$ -
-
-
February 1, 2022 through February 28, 2022
32,603
0.40
-
-
March 1, 2021 through March 31, 2022
-
-
-
-
Total
32,603
$ 0.40
-
-
(1) Consists solely of 32,603 shares that were withheld to satisfy tax withholding amounts due from employees upon the vesting of previously issued restricted stock units.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not applicable.
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Table of Contents
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.