Item 2. Unregistered Sales of Equity Securities
Item 2 – Unregistered Sales of Securities and Use
of Proceeds
During the three months ended June 30, 2022, the Company had the following activity
with respect to this repurchase program:
(in millions, except per share amounts)
Total Number of Shares Purchased
Average Price Paid Per Share
Total Cost of Shares Purchased
Dollar Value of Shares that May
be Purchased Under the Stock Repurchase Program
Period
April 1, 2022 to April
30, 2022
0.7
$
40.99
$
30
$
740
May 1, 2022 to May 31,
2022
—
—
—
740
June 1, 2022 to June
30, 2022
—
—
—
740
0.7
$
40.99
$
30
$
740
(a) On July 28, 2021 the Board of Directors approved a share repurchase program, up to $1.0 billion. On March 8, 2022, the Company entered
into an ASR Agreement with a financial institution, to repurchase $150 million of the Company’s common stock. The final settlement of $30 million of common stock occurred in April 2022. For further information see Part I, Item 1, Note 5, Earnings
Per Common Share, in the Notes to Unaudited Interim Consolidated Financial Statements of this Form 10-Q.
61
Item 6 – Exhibits
Exhibit Number
Description
10.1
Interim Chief Executive Officer Employment Agreement by and between DENTSPLY
SIRONA Inc. and John P. Groetelaars, dated April 16, 2022 (1)
10.2
Interim Chief Financial Officer Employment Agreement by and between DENTSPLY
SIRONA Inc. and Barbara W. Bodem, dated April 16, 2022 (2)
10.3
Dentsply Sirona Inc. Key Employee Severance Benefits Plan, dated May 25, 2022 (3)
31.1
Section 302 Certification Statement Chief
Executive Officer
31.2
Section 302 Certification Statement Chief
Financial Officer
32
Section 906 Certification Statements
101.INS
XBRL Instance Document - the instance document
does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH
XBRL Taxonomy Extension Schema Document
101.CAL
XBRL Taxonomy Extension Calculation Linkbase
Document
101.DEF
XBRL Taxonomy Extension Definition Linkbase
Document
101.LAB
XBRL Extension Labels Linkbase Document
101.PRE
XBRL Taxonomy Extension Presentation Linkbase
Document
104
Cover Page Interactive Data File (formatted as
Inline XBRL and contained in Exhibit 101)
(1) Incorporated by reference to exhibit included in the Company's Form 8-K, dated April 19, 2022, File no. 0-16211.
(2) Incorporated by reference to exhibit included in the Company's Form 8-K, dated April 19, 2022, File no. 0-16211.
(3) Incorporated by reference to exhibit included in the Company's Form 8-K, dated May 31, 2022, File no. 0-16211.
62
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
DENTSPLY SIRONA Inc.
/s/
Simon D. Campion
November 7, 2022
Simon D. Campion
Date
Chief Executive Officer
/s/
Glenn G. Coleman
November 7, 2022
Glenn G. Coleman
Date
Chief Financial Officer
63
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.