how is the cash flow statement from financing activities affected by the sales of commons stock during the 4th quarter of 2013?
other purchases or sales of equity securities the following chart discloses information regarding shares of snap-on 2019s common stock that were sold by citibank , n.a . ( 201ccitibank 201d ) during the fourth quarter of 2013 pursuant to a prepaid equity forward transaction agreement ( the 201cagreement 201d ) with citibank that is intended to reduce the impact of market risk associated with the stock-based portion of the company 2019s deferred compensation plans . the company 2019s stock-based deferred compensation liabilities , which are impacted by changes in the company 2019s stock price , increase as the company 2019s stock price rises and decrease as the company 2019s stock price declines . pursuant to the agreement , citibank may purchase or sell shares of the company 2019s common stock ( for citibank 2019s account ) in the market or in privately negotiated transactions . the agreement has no stated expiration date , but the parties expect that each transaction under the agreement will have a term of approximately one year . the agreement does not provide for snap-on to purchase or repurchase shares . the following chart discloses information regarding citibank 2019s sales of snap-on common stock during the fourth quarter of 2013 pursuant to the agreement : period shares sold average per share .

| Period | Shares sold | Averagepriceper share |
| :--- | :--- | :--- |
| 09/29/13 to 10/26/13 | – | – |
| 10/27/13 to 11/23/13 | – | – |
| 11/24/13 to 12/28/13 | 5,000 | $106.32 |
| Total/Average | 5,000 | $106.32 |

2013 annual report 23 .

shares_sold = 5000
price = 106.32
cash_flow = shares_sold * price
answer = cash_flow