3 unchanged sentences
We did not sell any equity securities during the 12 months ended December 31, 2022, that were not registered under the Securities Act and were not previously disclosed on a Quarterly Report on Form 10-Q or a Current Report on Form 8-K.
+Added: Common Stock Purchase Activity During the Three Months Ended December 31, 2022
+Added: Period Total Number of Shares Purchased (1) (2)
+Added: Average Price Paid per Share (1)
+Added: Total Number of Shares Purchased as Part of Publicly Announced Repurchases Plans (1)
+Added: Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans (1)
+Added: October 1, 2022 - October 31, 2022 91,106 $ 9.22 91,106 $ 41,477,041
+Added: November 1, 2022 - November 30, 2022 282,198 4.57 282,198 $ 40,187,217
+Added: December 1, 2022 - December 31, 2022 910,380 4.63 317,688 $ 38,715,568
+Added: Total 1,283,684 $ 5.21 690,992
+Added: (1) On May 24, 2022, the Board of Directors authorized a Share Repurchase Program, pursuant to which the Company can repurchase up to $50.0 million of issued and outstanding common stock.
+Added: The repurchase program has no expiration date and may be modified, suspended, or terminated at any time.
+Added: For the fourth quarter of 2022, the Company repurchased 690,992 shares of common stock under the program for an aggregate price of $3.6 million in open market.
+Added: (2) The Total Number of Shares Purchased includes shares withheld by the Company upon the vesting of restricted stock units to satisfy tax withholding obligations of the holders of those restricted stock units.
For information regarding securities authorized for issuance under our stock-based compensation plan, see Note 16 - Stock-Based Compensation to the Consolidated Financial Statements contained in Item 8.
Stock Performance Graph
−Removed: This performance graph shall not be deemed “soliciting material” or to be “filed” with the SEC for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act or the Exchange Act.
+Added: This performance graph shall not be deemed to be "soliciting material" or to be "filed" with the SEC, and this performance graph shall not be incorporated by reference into any of Telos filings under the Securities Act or the Securities Exchange Act of 1934 and related regulations, or any other document, whether made before or after the date of this report and despite any general incorporation language contained in a filing or document (except to the extent Telos specifically incorporates this section by reference into a filing or document).
The following graph compares the total cumulative return to stockholders on our common stock since our IPO price of $17.00 on November 19, 2020 (the date our common stock commenced trading on the NASDAQ National Market) to two indices:
(i) the Standard & Poor's 500 Index, and (ii) the Russell 2000 Index.
−Removed: An investment of $100 (with reinvestment of all dividends) is assumed to have been made in our common stock and in each index at the market close on November 18, 2020, and its relative performance is tracked through December 31, 2021.
−Removed: The returns shown are based on historical results and are not intended to suggest future performance.
+Added: An investment of $100 (with reinvestment of all dividends) is assumed to have been made in our common stock and in each index at the market close on November 18, 2020, and its relative performance is tracked quarterly through December 31, 2022.
+Added: The comparisons in the graph are required by the U.S.
+Added: Securities and Exchange Commission, based on historical data and are not intended to forecast or be indicative of possible future performance of our common stock.
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.