Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds.
 
We did not make any unregistered sales of equity securities during the first quarter of 2022.
 
A summary of the Company’s stock repurchase activity for the first quarter of 2022 is as follows:
 
Period
 
Total Number
of Shares
Purchased
(1)(2)(3)
 
 
Average
Price Paid
Per Share
(1)
 
 
Total Number
of Shares
Purchased
as Part of
Publicly
Announced
Plans or
Programs (2)
 
 
Approximate
Dollar Value of
Shares that May
Yet be Purchased Under the Plans
or Programs (3)
 
January 1 – January 31, 2022
 
 
86,995
 
 
$
54.81
  (4)
 
 
86,995
 
 
$
90,299,682
 
February 1 – February 28, 2022
 
 
89,495
 
 
 
49.42
  (5)
 
 
89,495
 
 
 
85,874,538
 
March 1 – March 31, 2022
 
 
119,939
 
 
 
50.99
  (6)
 
 
119,939
 
 
 
79,755,289
 
Total
 
 
296,429
 
 
 
 
 
 
 
296,429
 
 
 
 
 
 
(1)
The calculation of the average price paid per share does not give effect to any fees, commissions or other costs associated with the repurchase of such shares.
(2)
The shares represent Class A and Class B Common Stock repurchased by the Company.
(3)
On November 30, 2021, we announced the approval of a new stock repurchase program, effective December 2, 2021, authorizing management to repurchase, from time to time, up to an aggregate of $100.0 million of our shares of Class A Common Stock and/or Class B Common Stock.
(4)
Represents 47,479 shares of Class A Common Stock at an average price paid per share of $55.39 and 39,516 shares of Class B Common Stock at an average price paid per share of $54.11.
(5)
Represents 65,836 shares of Class A Common Stock at an average price paid per share of $50.01 and 23,659 shares of Class B Common Stock at an average price paid per share of $47.78.
(6)
Represents 78,868 shares of Class A Common Stock at an average price paid per share of $51.99 and 41,071 shares of Class B Common Stock at an average price paid per share of $49.06.
 
ITEM 3. Defaults Upon Senior Securities.
 
Not Applicable
 
ITEM 4. Mine Safety Disclosures.
 
Not Applicable
 
26
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.