Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Recent sales of Unregistered Securities
On June 14, 2021, we issued $150.0 million in aggregate principal amount of 3.25% Convertible Senior Notes due 2026, which was previously disclosed in our Current Report on Form 8-K
filed with the SEC on June 14, 2021.
Use of Proceeds
Refer to our Current Report on Form 8-K
filed with the SEC on June 14, 2021.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
The following table provides information with respect to purchases made by or on behalf of the Company or any “affiliated purchaser” of shares of our common stock.
Total Number
of Shares
Purchased
Average Price
Paid Per Share
Total Number of
Shares Purchased
as
Part of Publicly
Announced Plans
or
Programs (1)
Approximate
Dollar
Value of
Shares that
May Yet Be
Purchased
Under the
Plans or
Programs
Period
(in thousands)
April 1, 2021 to April 30, 2021
167,871
$
6.45
167,871
May 1, 2021 to May 31, 2021
—
$
—
—
June 1, 2021 to June 30, 2021
4,462,862
$
6.90
4,462,862
Total
4,630,733
$
6.88
4,630,733
$
17,685
(1)
On April 24, 2019, our Board of Directors extended the term of our share repurchase program for three years through April 27, 2022. During the three months ended June 30, 2021, we repurchased 4,630,733 shares of our common stock under this program for an aggregate cost of approximately $31.9 million. As of June 30, 2021, $17.7 million remained under this program for future repurchases.
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.