1 unchanged sentence
Market Information and Holders
−Removed: Our Class A Common Stock is traded on the Nasdaq Global Select Market, under the symbol “STGW.” There is no established public trading market for our Class B common stock, par value $0.001 per share (the “Class B Common Stock”), or Class C Common Stock.
−Removed: As of February 28, 2023, the approximate number of registered holders of our Class A Common Stock, Class B Common Stock, and Class C Common Stock, including those whose shares are held in a nominee name, was 525, 60, and 1, respectively.
+Added: Our Class A Common Stock is traded on the Nasdaq Global Select Market, under the symbol “STGW.” There is no established public trading market for our Class C Common Stock.
+Added: As of March 1, 2024, the approximate number of holders of record of our Class A Common Stock and Class C Common Stock, was 650 and 1, respectively.
We have never declared or paid any cash dividends on our capital stock.
2 unchanged sentences
Unregistered Sales of Equity Securities
−Removed: In the three months ended December 31, 2022, the Company granted 751,784 shares of Class A Common Stock in transactions exempt from registration under Section 4(a)(2) of the Securities Act.
−Removed: Of these, 68,452 shares were granted to employees as inducement for employment, 100,000 shares were issued to a member of management of a subsidiary for payment in the acquisition of the remaining interest in the majority-owned subsidiary, 174,999 shares were issued as purchase consideration in connection with the acquisition of a company and 408,333 shares were issued to the previous owners of this company with vesting conditions based upon continued employment.
−Removed: The Company received no cash proceeds and no commissions were paid to any person in connection with the issuance of these shares.
+Added: In the three months ended December 31, 2023, the Company granted 62,704 restricted stock units underlying shares of Class A Common Stock as inducement for employment and issued 4,677,614 shares of Class A Common Stock as purchase consideration in connection with acquisitions and for additional interests in subsidiaries, in transactions exempt from registration under Section 4(a)(2) of the Securities Act.
+Added: The Company received no cash proceeds and no commissions were paid to any person in connection with the sale of these shares.
Purchase of Equity Securities by the Issuer and Affiliated Purchasers
5 unchanged sentences
The Repurchase Program may be suspended, modified or discontinued at any time without prior notice.
−Removed: Our board of directors will review the Repurchase Program periodically and may authorize adjustments of its terms.
−Removed: Pursuant to its Combined Credit Agreement (as defined and discussed in Note 11 of the Notes included herein) and the indenture governing the 5.625% Notes, the Company is currently limited as to the dollar value of shares it may repurchase in the open market.
+Added: Our Board will review the Repurchase Program periodically and may authorize adjustments of its terms.
+Added: Pursuant to its Credit Agreement (as defined and discussed in Note 11 of the Notes included herein) and the indenture governing the 5.625% Notes, the Company is currently limited as to the dollar value of shares it may repurchase in the open market.
The following table details our monthly shares repurchased during the fourth quarter of 2023 and the approximate dollar value of shares that may yet be purchased pursuant to the Repurchase Program:
Period Total Number of Shares Purchased (1)
−Removed: Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program Approximate Dollar Value of Shares That May Yet Be Purchased Under the Program
+Added: Average Price Paid Per Share (1)
+Added: Total Number of Shares Purchased as Part of Publicly Announced Program (2)
+Added: Approximate Dollar Value of Shares That May Yet Be Purchased Under the Program (2)
10/1/2023 - 10/31/2023
5 unchanged sentences
Total 3,947,003 $ 5.44 3,256,219 $ 138,622,130
−Removed: (1) Includes 526,297 shares repurchased to settle employee tax withholding obligations related to the vesting of restricted stock awards and restricted stock units.
−Removed: Selected Financial Data
−Removed: Not Applicable.
+Added: (1) Includes information for all shares repurchased by the Company, including shares repurchased as part of the Company’s publicly announced Repurchase Program, and 690,784 shares to settle employee tax withholding obligations related to the vesting of restricted stock awards and restricted stock units.
+Added: (2) Only includes information for shares repurchased as part of the Company’s publicly announced Repurchase Program.
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.