Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: During the nine month period ended September 30, 2021, the Company repurchased shares of its common stock as indicated in the following table:
+Added: During the three month period ended March 31, 2022, the Company repurchased shares of its common stock as indicated in the following table:
Average Price
11 unchanged sentences
Total - 1st Quarter 940 $ 35.39 — $ 100,000
−Removed: 4/1/21 to 4/30/21 44,152 36.52 — 100,000
−Removed: 5/1/21 to 5/31/21 45 37.07 — 100,000
−Removed: 6/1/21 to 6/30/21 — — — 100,000
−Removed: Total - 2nd Quarter 44,197 $ 36.52 — $ 100,000
−Removed: 7/1/21 to 7/31/21 3,051 34.26 — 100,000
−Removed: 8/1/21 to 8/31/21 199 30.39 — 100,000
−Removed: 9/1/21 to 9/30/21 — — — 100,000
−Removed: Total - 3rd Quarter 3,250 $ 34.30 — 100,000
−Removed: Year to Date 2021 62,350 $ 35.91 — $ 100,000
−Removed: 1 Shares purchased from January 1, 2021 through September 30, 2021 represent shares surrendered to the Company to satisfy tax withholding related to the exercise of stock options and the vesting of share-based awards.
−Removed: On December 17, 2020, the Company's Board of Directors authorized the Company to repurchase up to $100 million of its shares of outstanding common stock.
+Added: 1 Shares purchased from January 1, 2022 through March 31, 2022 represent shares surrendered to the Company to satisfy tax withholding related to the exercise of stock options and the vesting of share-based awards.
+Added: On December 15, 2021, the Company's Board of Directors authorized the renewal of the Company’s share repurchase program, under which the Company may, from time to time, purchase up to $100 million of its shares of outstanding common stock.
Under the share repurchase program, which will expire on December 31, 2022, repurchases will be made, if at all, in accordance with applicable securities laws and may be made from time to time in the open market, by block purchase or by negotiated transactions.
1 unchanged sentence
The program does not obligate the Company to purchase any of its shares, and may be terminated or amended by the Board of Directors at any time prior to its expiration date.
−Removed: As of September 30, 2021, no shares of the Company's common stock had been repurchased under the program.
+Added: As of March 31, 2022, no shares of the Company's common stock had been repurchased under the program.
Defaults upon Senior Securities
1 unchanged sentence
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.