MARKET FOR THE REGISTRANT’S COMMON EQUITY AND RELATED SHAREHOLDER MATTERS
−Removed: Our Common Stock is listed on the NASDAQ Stock Market under the symbol WLFC.
+Added: Our Common Stock is listed on the Nasdaq Global Market under the symbol WLFC.
As of March 11, 2022, there were approximately 2,043 shareholders of record of our Common Stock.
29 unchanged sentences
Under this 2018 Plan, a total of 800,000 shares were authorized for stock-based compensation, plus the number of shares remaining under the 2007 Plan and any future forfeited awards under the 2007 Plan, in the form of RSAs.
−Removed: The RSAs are subject to service-based vesting, typically between one and four years, where
−Removed: a specific period of continued employment must pass before an award vests.
+Added: In November 2021, the 2018 Plan was amended and restated as the 2021 Stock Incentive Plan (the “2021 Plan”) to increase the number of shares reserved for issuance under the 2021 Plan by 1,000,000 shares.
+Added: The RSAs are subject to service-based vesting, typically between one and four years, where a specific period of continued employment must pass before an award vests.
The expense associated with these awards is recognized on a straight-line basis over the respective vesting period, with forfeitures accounted for as they occur.
2 unchanged sentences
The fair value of the restricted stock awards equaled the stock price at the grant date.
−Removed: Effective December 31, 2018, the Board of Directors approved the renewal of the existing common stock repurchase plan extending the plan through December 31, 2020 and amending the plan to allow for repurchases of up to $60.0 million of the Company’s common stock until such date.
+Added: Effective December 31, 2018, the Board of Directors approved the renewal of the existing common stock repurchase plan extending the plan through December 31, 2020 and amending the plan to allow for repurchases of up to $60.0 million of the
+Added: Company’s common stock until such date.
Effective December 31, 2020, the Board of Directors approved the renewal of the existing common stock repurchase plan extending the plan through December 31, 2022.
2 unchanged sentences
At December 31, 2021, approximately $44.8 million was available to purchase shares under the plan.
−Removed: In July 2020, the Company suspended repurchases under its 10b-18 plan and no repurchases were made between that date and December 31, 2020.
−Removed: As of December 31, 2020, the total number of common shares outstanding was approximately 6.6 million.
+Added: As of December 31, 2021, the total number of common shares issued was approximately 6.5 million.
SELECTED FINANCIAL DATA
1 unchanged sentence
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.