3 unchanged sentences
Recent Sales of Unregistered Securities
−Removed: We did not issue unregistered securities during the quarter ended March 31, 2022.
+Added: We did not issue unregistered securities during the quarter ended June 30, 2022.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
4 unchanged sentences
On November 7, 2019, the Board of Directors approved the renewal of the share buy-back program.
−Removed: The Board approved a limit of $1,420,000 which was rolled over from the prior buyback program with a three-year duration.
−Removed: The new buyback program terminates on the earliest of September 30, 2022, the date the funds are exhausted, or the date the Board of Directors, at its sole discretion, terminates or suspends the program.
+Added: The Board approved a limit of $1,420,000 which was rolled over from the prior buy-back program with a three-year duration.
+Added: On May 13, 2022, the Board of Directors authorized a renewal of the buy-back program, with a limit up to $4 million of the Company's common stock with a three year duration. The new buyback program terminates on the earliest of May 15, 2025, the date the funds are exhausted, or the date the Board of Directors, at its sole discretion, terminates or suspends the program.
The program is used for the purchase of stock from employees and directors, and for open-market purchases through a broker.
−Removed: During the three months ended March 31, 2022, we made the following stock repurchases:
+Added: During the three months ended June 30, 2022, we made the following stock repurchases:
(a) Total number of shares (or units) purchased
2 unchanged sentences
(d) Maximum number (or approximate dollar value) of shares (or units) that may yet be purchased under the plans or programs
−Removed: January 1 - January 31, 2022
−Removed: February 1 - February 28, 2022
−Removed: March 1 - March 31, 2022
−Removed: On January 6, 2022, we repurchased 11,361 shares for $47,930 in a private transaction at the closing price on January 6, 2022 of $4.21 per share from Tom Jewell, the Company's Chief Financial Officer, to cover his share of taxes.
+Added: April 1 - April 30, 2022
+Added: May 1 - May 31, 2022
+Added: June 1 - June 30, 2022
Defaults Upon Senior Securities.
2 unchanged sentences
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.