Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: A summary of the Company’s third quarter activity is as follows:
+Added: A summary of the Company’s first quarter activity is as follows:
Purchased Average
1 unchanged sentence
Plan Maximum Number of
−Removed: July 1 - July 31
+Added: January 1 - January 31
Share repurchase program (1)
+Added: 550,000 $ 297.66 550,000 48,025,000
Employee transactions (2)
−Removed: August 1 - August 31
+Added: February 1 - February 28
Share repurchase program (1)
2 unchanged sentences
124,481 $ 272.67 N/A
−Removed: September 1 - September 30
+Added: Shares sold (3)
+Added: (75,000) $ 293.73 N/A
+Added: March 1 - March 31
Share repurchase program (1)
6 unchanged sentences
124,481 $ 272.67 N/A
+Added: Shares sold (3)
+Added: (75,000) $ 293.73 N/A
(1) Shares were purchased through the Company’s publicly announced share repurchase program.
1 unchanged sentence
(2) Shares were delivered to satisfy the exercise price and/or tax withholding obligations by employees who exercised stock options or had restricted stock units vest.
+Added: (3) In 2019, 900,000 shares were transferred from the Company’s terminated domestic defined benefit pension plan surplus assets to a suspense account held within a trust for the qualified replacement plan.
+Added: In accordance with US GAAP (ASC Topic 715), the transferred shares were treated as treasury stock.
+Added: In the three months ended March 31, 2022, the remaining 75,000 shares were sold.
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.