8 unchanged sentences
In addition, our revolving credit facility agreement contains customary covenants restricting our ability to pay dividends.
−Removed: As of March 1, 2023, there were 37 registered stockholders of record of our common stock.
+Added: As of February 28, 2024, there were 35 registered stockholders of record of our common stock.
The number of registered stockholders of record does not include beneficial holders whose shares are held by banks, brokers and other institutions.
3 unchanged sentences
Period Total number of shares purchased Average price paid per share Total number of shares purchased as part of publicly announced program Approximate dollar value of shares that may yet to be purchased under the program (in millions)
+Added: February 1, 2023 - February 28, 2023 254,515 7.35 254,515 $ 20.7
March 1, 2023 - March 31, 2023 192,023 8.92 192,023 $ 19.0
5 unchanged sentences
September 1, 2023 - September 30, 2023 (1)
+Added: 1,240,741 6.45 1,240,741 $ 51.2
October 1, 2023 - October 31, 2023 253,901 6.22 253,901 $ 49.7
2 unchanged sentences
January 1, 2024 - January 31, 2024 — — — $ 49.7
+Added: Total 2,980,641 2,980,641
+Added: (1) In September 2023, the Board of Directors authorized an additional $50.0 million to the share repurchase program.
+Added: "Equity", to our consolidated financial statements for further discussion on our share repurchase program.
Securities Authorized for Issuance under Equity Compensation Plans
The following table sets forth information regarding our equity compensation plans as of January 31, 2024.
−Removed: Plan category (a) Number of securities to be issued upon exercise of outstanding options, and vesting of restricted stock and restricted stock units (b) Weighted-average exercise price of outstanding options (1) (c) Number of securities remaining available for future issuance under equity compensation plans (excludes securities reflected in column (a))
+Added: Plan category (a) Number of securities to be issued upon exercise of outstanding options, vesting of restricted stock, restricted stock units, and performance-based restricted stock units (b) Weighted-average exercise price of outstanding options (1)
+Added: (c) Number of securities remaining available for future issuance under equity compensation plans (excludes securities reflected in column (a))
Equity compensation plans approved by security holders (2) 14,617,242 (3) $ 6.26 9,345,275 (4)
2 unchanged sentences
(1) The weighted-average exercise price is calculated based solely on the exercise prices of the outstanding options to purchase shares of our common stock.
−Removed: It does not reflect the shares of our common stock that will be issued upon the vesting of outstanding restricted stock and restricted stock units.
+Added: It does not reflect the shares of our common stock that will be issued upon the vesting of outstanding restricted stock, restricted stock units and performance-based restricted stock units.
(2) These plans consist of our 2008 Equity Incentive Plan, 2016 Equity Incentive Plan and 2017 Employee Stock Purchase Plan.
1 unchanged sentence
However, the 2008 Equity Incentive Plan will continue to govern the terms and conditions of the outstanding awards previously granted thereunder.
−Removed: (3) This amount includes 4,593,704 shares subject to outstanding options and 11,564,867 shares subject to outstanding restricted stock and restricted stock units granted under our 2008 Equity Incentive Plan and 2016 Equity Incentive Plan.
+Added: (3) This amount includes 2,021,494 shares subject to outstanding options, 9,790,748 shares subject to outstanding restricted stock and restricted stock units, and 2,805,000 shares subject to outstanding performance-based restricted stock units granted under our 2008 Equity Incentive Plan and 2016 Equity Incentive Plan.
(4) This amount includes 4,844,507 shares of our common stock available for issuance under our 2016 Equity Incentive Plan and 4,500,768 shares of our common stock available for issuance under our 2017 Employee Stock Purchase Plan.
−Removed: The number of shares available for issuance under these plans automatically increase each February 1 st subject to the terms of the respective plans.
−Removed: Such future increases are not reflected in the table above.
−Removed: (5) In March 2022, the Company made a grant to an executive in the form of 2,000,000 performance-based restricted stock units.
+Added: The number of shares available for issuance under these plans automatically increase each February 1 st subject to the terms of the respective plans and such future increases are not reflected in the table above.
+Added: (5) In March 2022, we made a grant to an executive in the form of 2,000,000 performance-based restricted stock units.
This grant was outside of the Company’s 2016 Equity Incentive Plan in reliance on the inducement award exception contained in NYSE Listing Rule 303A.08.
6 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.