Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: An aggregate of 5,680,045 shares of our common stock have been authorized to be repurchased under the share repurchase program since it was originally approved by our Board of Directors in 2010.
−Removed: As of September 30, 2022, 881,672 shares remained available for repurchase.
−Removed: 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, prevailing market and business conditions and changes in tax laws (including the Inflation Reduction Act).
+Added: An aggregate of 5,680,045 shares of our common stock have been authorized to be repurchased under a share repurchase program since it was initially approved in 2010 by our Board of Directors.
+Added: As of March 31, 2023, 828,352 shares remained available for repurchase.
+Added: 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, prevailing market and business conditions, tax and other financial considerations.
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 September 30, 2022:
−Removed: 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: July 1-31, 2022 — $ — — 932,094
−Removed: August 1-31, 2022 27,002 $ 207.89 27,002 905,092
−Removed: September 1-30, 2022 23,420 $ 187.23 23,420 881,672
−Removed: Total 50,422 50,422
−Removed: (1) Average price paid per share is calculated on a settlement basis and excludes commissions.
−Removed: (2) The share repurchases above were completed pursuant to a program announced in the fourth quarter of 2010 and most recently expanded in May 2022.
−Removed: This repurchase program is not subject to an expiration date.
+Added: There were no share repurchases in the quarter ended March 31, 2023.
There were no unregistered sales of equity securities during the period covered by this Quarterly Report.
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We do not reserve shares for this plan or discount the purchase price of the shares.
+Added: Form of Restricted Stock Unit Grant Agreement under the Virtus Investment Partners, Inc.
+Added: Amended and Restated Omnibus Incentive and Equity Plan
+Added: Form of Performance Share Unit Grant Agreement under the Virtus Investment Partners, Inc.
+Added: Amended and Restated Omnibus Incentive and Equity Plan
Certification of the Registrant’s Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
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101 The following information is formatted in iXBRL (Inline eXtensible Business Reporting Language):
−Removed: (i) Condensed Consolidated Balance Sheets (Unaudited) as of September 30, 2022 and December 31, 2021, (ii) Condensed Consolidated Statements of Operations (Unaudited) for the three and nine months ended September 30, 2022 and 2021, (iii) Condensed Consolidated Statements of Comprehensive Income (Unaudited) for the three and nine months ended September 30, 2022 and 2021, (iv) Condensed Consolidated Statements of Cash Flows (Unaudited) for the nine months ended September 30, 2022 and 2021, (v) Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three and nine months ended September 30, 2022 and 2021 and (vi) Notes to Condensed Consolidated Financial Statements (Unaudited).
+Added: (i) Condensed Consolidated Balance Sheets (Unaudited) as of March 31, 2023 and December 31, 2022, (ii) Condensed Consolidated Statements of Operations (Unaudited) for the three months ended March 31, 2023 and 2022, (iii) Condensed Consolidated Statements of Comprehensive Income (Unaudited) for the three months ended March 31, 2023 and 2022, (iv) Condensed Consolidated Statements of Cash Flows (Unaudited) for the three months ended March 31, 2023 and 2022, (v) Condensed Consolidated Statements of Changes in Stockholders’ Equity for the three months ended March 31, 2023 and 2022 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)
+Added: * 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: November 8, 2022
VIRTUS INVESTMENT PARTNERS, INC.
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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.