Item 2. Unregistered Sales of Equity Securities
Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds
Below is a summary by month of share purchases by the Company during the third quarter of 2020:
Month
Total Number
of Shares Purchased
Average Price
Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced
Plans or Programs (1)
Maximum Number of Shares that May Yet
Be Purchased Under
the Plans or Programs (1)
July 2020
4,641
(2)
$
99.29
—
189,050
August 2020
1,423
(3)
$
114.54
—
189,050
September 2020
956
(3)
$
117.52
—
189,050
Total
7,020
$
104.87
—
189,050
(1)
On February 19, 2013, the Company’s Board of Directors authorized the Company to repurchase up to 1,000,000 shares of its outstanding common stock.
(2)
Includes shares of Company common stock tendered by employees to settle statutory withholding taxes related to the exercise of SARs, distribution of restricted stock awards and distributions of deferred management incentive compensation.
(3)
Consists of shares of Company common stock tendered by employees to settle statutory withholding taxes related to the exercise of SARs.
Item 3 – Defaults Upon Senior Securities
None
Item 4 – Mine Safety Disclosures
Not applicable
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