Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: As of June 30, 2021, an aggregate of 4,930,045 shares of our common stock had been authorized to be repurchased under the share repurchase program originally approved by our Board of Directors in 2010, and 675,809 shares remained available for repurchase.
+Added: As of September 30, 2021, an aggregate of 4,930,045 shares of our common stock had been authorized to be repurchased under the share repurchase program originally approved by our Board of Directors in 2010, and 611,315 shares remained available for repurchase.
Under the terms of the program, we may repurchase shares of our common stock from time to time at our discretion through open market repurchases, privately negotiated transactions and/or other mechanisms, depending on price and prevailing market and business conditions.
The program, which has no specified term, may be suspended or terminated at any time.
−Removed: The following table sets forth information regarding our share repurchases in each month during the quarter ended June 30, 2021:
+Added: The following table sets forth information regarding our share repurchases in each month during the quarter ended September 30, 2021:
Period Total number of shares purchased Average price paid per share (1) Total number of shares purchased as part of publicly announced plans or programs (2) Maximum number of shares that may yet be purchased under the plans or programs (2)
−Removed: April 1-30, 2021 — $ — — 702,730
−Removed: May 1-31, 2021 12,988 $ 272.54 12,988 689,742
−Removed: June 1-30, 2021 13,933 $ 284.17 13,933 675,809
+Added: July 1-31, 2021 — $ — — 675,809
+Added: August 1-31, 2021 36,387 $ 305.32 36,387 639,422
+Added: September 1-30, 2021 28,107 $ 316.23 28,107 611,315
Total 64,494 64,494
5 unchanged sentences
We do not reserve shares for this plan or discount the purchase price of the shares.
−Removed: Amended and Restated Virtus Investment Partners, Inc.
−Removed: Omnibus Incentive and Equity Plan (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on May 17, 2021
+Added: Amended and Restated Credit Agreement, dated as of September 28, 2021, by and among Virtus Investment Partners, Inc.
+Added: as Borrower, Morgan Stanley Senior Funding, Inc., as Administrative Agent, and the Lenders party thereto (incorporated by reference to Exhibit 10.1 of the Registrant’s Current Report on Form 8-K filed on October 4, 2021)
Certification of the Registrant’s Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
2 unchanged sentences
101 The following information formatted in iXBRL (Inline eXtensible Business Reporting Language):
−Removed: (i) Condensed Consolidated Balance Sheets (Unaudited) as of June 30, 2021 and December 31, 2020, (ii) Condensed Consolidated Statements of Operations (Unaudited) for the three and six months ended June 30, 2021 and 2020, (iii) Condensed Consolidated Statements of Comprehensive Income (Unaudited) for the three and six months ended June 30, 2021 and 2020, (iv) Condensed Consolidated Statements of Cash Flows (Unaudited) for the six months ended June 30, 2021 and 2020, (v) Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three and six months ended June 30, 2021 and 2020 and (vi) Notes to Condensed Consolidated Financial Statements (Unaudited).
+Added: (i) Condensed Consolidated Balance Sheets (Unaudited) as of September 30, 2021 and December 31, 2020, (ii) Condensed Consolidated Statements of Operations (Unaudited) for the three and nine months ended September 30, 2021 and 2020, (iii) Condensed Consolidated Statements of Comprehensive Income (Unaudited) for the three and nine months ended September 30, 2021 and 2020, (iv) Condensed Consolidated Statements of Cash Flows (Unaudited) for the nine months ended September 30, 2021 and 2020, (v) Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three and nine months ended September 30, 2021 and 2020 and (vi) Notes to Condensed Consolidated Financial Statements (Unaudited).
104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101)
−Removed: * Management contract, compensatory plan or arrangement.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
−Removed: August 6, 2021
+Added: November 9, 2021
VIRTUS INVESTMENT PARTNERS, INC.
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.