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person · Reporting owner

GERSON RICK MATTHEW

Disclosed activity across 3 companies

Tapewire entity
114970
SEC CIK
0001742201

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
Golden Falcon Acquisition Corp.GFX · Entity 11496910% ownerDecember 27, 2022March 30, 2023

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Golden Falcon Acquisition Corp.

Report date December 27, 2022 · Filed March 30, 2023

Jointly reported with Alpha Wave Global, LP

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class A Common Stock, par value $0.0001 per shareSEC Table I · non-derivativeIndirectSee footnotes750,000 Reported balance Holding disclosure · report date 2022-12-27 · row 1 Holding and transaction disclosures are not merged.
1 source row

Row 1 · Balance 750,000

F1: Securities held for certain affiliated private funds (the "Alpha Wave Funds") for which Alpha Wave Global, LP ("Alpha Wave") acts as investment manager. Richard Gerson ("Mr. Gerson") serves as the Chairman and Chief Investment Officer of Alpha Wave.

F2: For purposes of Section 16 of the Securities Exchange Act of 1934, each of Alpha Wave and Mr. Gerson expressly disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that any of Alpha Wave or Mr. Gerson is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Filing footnotes · ownership attribution and instrument terms

F1: Securities held for certain affiliated private funds (the "Alpha Wave Funds") for which Alpha Wave Global, LP ("Alpha Wave") acts as investment manager. Richard Gerson ("Mr. Gerson") serves as the Chairman and Chief Investment Officer of Alpha Wave.

F2: For purposes of Section 16 of the Securities Exchange Act of 1934, each of Alpha Wave and Mr. Gerson expressly disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that any of Alpha Wave or Mr. Gerson is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Past disclosures · reporting ended (2)

No longer tracked through insider filings. These historical balances do not imply present ownership or a zero position.

Frontier Acquisition Corp.

Report date March 16, 2023 · Filed March 20, 2023

Jointly reported with Alpha Wave Global, LP, Frontier Acquisition Sponsor LLC, CHRISTODORO JONATHAN, Attia Peter, Sinclair David

Section 16 reporting ended · disclosed 2023-03-20. Current position is not established by this disclosure.

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class A ordinary sharesSEC Table I · non-derivativeDirect0 Reported balance After 2023-03-16 transaction · row 1 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 1 · 2023-03-16 · Disposition to issuer · Disposed 660,000 · Balance 0

F1: In connection with the liquidation and dissolution of the Issuer, Frontier Acquisition Sponsor LLC ("Sponsor") surrendered to the Issuer, for no consideration, 660,000 of the Issuer's Private Placement Units (which include the reported Class A ordinary shares) directly held by Sponsor. Sponsor is controlled by Rick Gerson.

Class A ordinary sharesSEC Table I · non-derivativeIndirectBy Alpha Wave Ventures, LP0 Reported balance After 2023-03-16 transaction · row 2 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 2 · 2023-03-16 · Disposition to issuer · Disposed 2,400,000 · Balance 0

F2: The reported securities were redeemed by the Issuer pursuant to a redemption of all Class A ordinary shares in connection with the Issuer's liquidation. The reported securities were directly held by Alpha Wave Ventures, LP, an investment entity managed by Alpha Wave Global, LP ("Alpha Wave"). Rick Gerson is the Chairman and Chief Investment Officer of Alpha Wave.

Class B ordinary sharesSEC Table II · derivative / convertible securityDirect0 Reported balance After 2023-03-16 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2023-03-16 · Disposition to issuer · Disposed 120,000 · Balance 0

F3: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

Filing footnotes · ownership attribution and instrument terms

F1: In connection with the liquidation and dissolution of the Issuer, Frontier Acquisition Sponsor LLC ("Sponsor") surrendered to the Issuer, for no consideration, 660,000 of the Issuer's Private Placement Units (which include the reported Class A ordinary shares) directly held by Sponsor. Sponsor is controlled by Rick Gerson.

F2: The reported securities were redeemed by the Issuer pursuant to a redemption of all Class A ordinary shares in connection with the Issuer's liquidation. The reported securities were directly held by Alpha Wave Ventures, LP, an investment entity managed by Alpha Wave Global, LP ("Alpha Wave"). Rick Gerson is the Chairman and Chief Investment Officer of Alpha Wave.

F3: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

Pioneer Merger Corp.

Report date January 17, 2023 · Filed January 19, 2023

Jointly reported with Alpha Wave Global, LP, Pioneer Merger Sponsor LLC, Salazar Oscar, CAPLAN MITCHELL H, Davis Richard Todd

Section 16 reporting ended · disclosed 2023-01-19. Current position is not established by this disclosure.

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class A Ordinary SharesSEC Table I · non-derivativeIndirectBy Alpha Wave Ventures, LP0 Reported balance After 2023-01-17 transaction · row 1 Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source row

Row 1 · 2023-01-17 · Disposition to issuer · Disposed 4,450,000 · Balance 0

F1: The reported securities were redeemed by the Issuer pursuant to a redemption of all Class A Shares in connection with the Issuer's liquidation.

F2: The reported securities were directly held by Alpha Wave Ventures, LP, an investment entity managed by Alpha Wave Global, LP ("Alpha Wave"). Rick Gerson is the Chairman and Chief Investment Officer of Alpha Wave.

Filing footnotes · ownership attribution and instrument terms

F1: The reported securities were redeemed by the Issuer pursuant to a redemption of all Class A Shares in connection with the Issuer's liquidation.

F2: The reported securities were directly held by Alpha Wave Ventures, LP, an investment entity managed by Alpha Wave Global, LP ("Alpha Wave"). Rick Gerson is the Chairman and Chief Investment Officer of Alpha Wave.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
March 16, 2023 Filed Mar 20, 2023 16:53 UTC Frontier Acquisition Corp. FRONU · Entity 115377 Disposition to issuerClass B ordinary shares · Derivative 120,000 $0.00 $0.00
Disclosure

SEC source: 0001104659-23-034505 · tm2310013-1_4seq1.xml · derivative · entry 3

GERSON RICK MATTHEW · CIK 0001742201 · Director · 10% owner · See Remarks

Alpha Wave Global, LP · CIK 0001558858 · Director · 10% owner · See Remarks

Frontier Acquisition Sponsor LLC · CIK 0001842222 · Director · 10% owner · See Remarks

CHRISTODORO JONATHAN · CIK 0001575440 · Director · 10% owner · See Remarks

Attia Peter · CIK 0001851117 · Director · 10% owner · See Remarks

Sinclair David · CIK 0001395027 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A ordinary shares · 120,000 shares

Expires not disclosed

F3 · derivative.exercise_price: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

F3 · kind: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

F3 · shares: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

F3 · price: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

F3 · derivative.exercise_date: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

F3 · derivative.expiration_date: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

F3 · ownership.direct: As described in the Issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares would have automatically converted into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date. In connection with the liquidation and dissolution of the Issuer, each of Jonathan Christodoro, Peter Attia, and David A. Sinclair surrendered to the Issuer, for no consideration, 40,000 Class B ordinary shares directly held by such reporting persons.

Read SEC document
March 16, 2023 Filed Mar 20, 2023 16:53 UTC Frontier Acquisition Corp. FRONU · Entity 115377 Disposition to issuerClass A ordinary shares 2,400,000 $10.20 $24,480,000.00
Disclosure

SEC source: 0001104659-23-034505 · tm2310013-1_4seq1.xml · nonDerivative · entry 2

GERSON RICK MATTHEW · CIK 0001742201 · Director · 10% owner · See Remarks

Alpha Wave Global, LP · CIK 0001558858 · Director · 10% owner · See Remarks

Frontier Acquisition Sponsor LLC · CIK 0001842222 · Director · 10% owner · See Remarks

CHRISTODORO JONATHAN · CIK 0001575440 · Director · 10% owner · See Remarks

Attia Peter · CIK 0001851117 · Director · 10% owner · See Remarks

Sinclair David · CIK 0001395027 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Alpha Wave Ventures, LP

Disclosed balance after: 0

F2 · kind: The reported securities were redeemed by the Issuer pursuant to a redemption of all Class A ordinary shares in connection with the Issuer's liquidation. The reported securities were directly held by Alpha Wave Ventures, LP, an investment entity managed by Alpha Wave Global, LP ("Alpha Wave"). Rick Gerson is the Chairman and Chief Investment Officer of Alpha Wave.

F2 · ownership.direct: The reported securities were redeemed by the Issuer pursuant to a redemption of all Class A ordinary shares in connection with the Issuer's liquidation. The reported securities were directly held by Alpha Wave Ventures, LP, an investment entity managed by Alpha Wave Global, LP ("Alpha Wave"). Rick Gerson is the Chairman and Chief Investment Officer of Alpha Wave.

Read SEC document
March 16, 2023 Filed Mar 20, 2023 16:53 UTC Frontier Acquisition Corp. FRONU · Entity 115377 Disposition to issuerClass A ordinary shares 660,000 $0.00 $0.00
Disclosure

SEC source: 0001104659-23-034505 · tm2310013-1_4seq1.xml · nonDerivative · entry 1

GERSON RICK MATTHEW · CIK 0001742201 · Director · 10% owner · See Remarks

Alpha Wave Global, LP · CIK 0001558858 · Director · 10% owner · See Remarks

Frontier Acquisition Sponsor LLC · CIK 0001842222 · Director · 10% owner · See Remarks

CHRISTODORO JONATHAN · CIK 0001575440 · Director · 10% owner · See Remarks

Attia Peter · CIK 0001851117 · Director · 10% owner · See Remarks

Sinclair David · CIK 0001395027 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

F1 · kind: In connection with the liquidation and dissolution of the Issuer, Frontier Acquisition Sponsor LLC ("Sponsor") surrendered to the Issuer, for no consideration, 660,000 of the Issuer's Private Placement Units (which include the reported Class A ordinary shares) directly held by Sponsor. Sponsor is controlled by Rick Gerson.

F1 · price: In connection with the liquidation and dissolution of the Issuer, Frontier Acquisition Sponsor LLC ("Sponsor") surrendered to the Issuer, for no consideration, 660,000 of the Issuer's Private Placement Units (which include the reported Class A ordinary shares) directly held by Sponsor. Sponsor is controlled by Rick Gerson.

Read SEC document
January 17, 2023 Filed Jan 19, 2023 17:25 UTC Pioneer Merger Corp. PACX · Entity 120615 Disposition to issuerClass A Ordinary Shares 4,450,000 $10.13 $45,078,500.00
Disclosure

SEC source: 0001104659-23-005081 · tm233936-1_4seq1.xml · nonDerivative · entry 1

GERSON RICK MATTHEW · CIK 0001742201 · Director · 10% owner · See Remarks

Alpha Wave Global, LP · CIK 0001558858 · Director · 10% owner · See Remarks

Pioneer Merger Sponsor LLC · CIK 0001830557 · Director · 10% owner · See Remarks

Salazar Oscar · CIK 0001839153 · Director · 10% owner · See Remarks

CAPLAN MITCHELL H · CIK 0001073513 · Director · 10% owner · See Remarks

Davis Richard Todd · CIK 0001558608 · Director · 10% owner · See Remarks

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Alpha Wave Ventures, LP

Disclosed balance after: 0

F1 · kind: The reported securities were redeemed by the Issuer pursuant to a redemption of all Class A Shares in connection with the Issuer's liquidation.

F2 · ownership.direct: The reported securities were directly held by Alpha Wave Ventures, LP, an investment entity managed by Alpha Wave Global, LP ("Alpha Wave"). Rick Gerson is the Chairman and Chief Investment Officer of Alpha Wave.

Read SEC document
March 15, 2021 Filed Mar 17, 2021 21:45 UTC Frontier Acquisition Corp. FRONU · Entity 115377 OtherClass A Ordinary Shares 660,000 $10.00 $6,600,000.00
Disclosure

SEC source: 0001104659-21-037959 · tm2110121-1_4seq1.xml · nonDerivative · entry 2

GERSON RICK MATTHEW · CIK 0001742201 · Director · Co-President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Frontier Acquisition Sponsor LLC

Disclosed balance after: 8,690,000

F3 · security: This Form 4 also reflects Class A ordinary shares within 660,000 of the Issuer's Private Placement Units, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-253264), purchased by Frontier Acquisition Sponsor LLC for $10.00 per Private Placement Unit. Mr. Gerson controls Frontier Acquisition Sponsor LLC.

F3 · ownership.nature: This Form 4 also reflects Class A ordinary shares within 660,000 of the Issuer's Private Placement Units, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-253264), purchased by Frontier Acquisition Sponsor LLC for $10.00 per Private Placement Unit. Mr. Gerson controls Frontier Acquisition Sponsor LLC.

Read SEC document
March 15, 2021 Filed Mar 17, 2021 21:45 UTC Frontier Acquisition Corp. FRONU · Entity 115377 PurchaseClass A Ordinary Shares 2,400,000 $10.00 $24,000,000.00
Disclosure

SEC source: 0001104659-21-037959 · tm2110121-1_4seq1.xml · nonDerivative · entry 1

GERSON RICK MATTHEW · CIK 0001742201 · Director · Co-President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Alpha Wave Ventures, LP

Disclosed balance after: 8,690,000

F1 · security: This Form 4 reflects the acquisition by Alpha Wave Ventures, LP ("Alpha Wave") of 2,400,000 of the issuer's Class A ordinary shares, par value $0.0001 per share, underlying units purchased by Alpha Wave in the Issuer's initial public offering. As described in the issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities -- Units", each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as described in the issuer's registration statement.

F1 · shares: This Form 4 reflects the acquisition by Alpha Wave Ventures, LP ("Alpha Wave") of 2,400,000 of the issuer's Class A ordinary shares, par value $0.0001 per share, underlying units purchased by Alpha Wave in the Issuer's initial public offering. As described in the issuer's registration statement on Form S-1 (File No. 333-253264) under the heading "Description of Securities -- Units", each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as described in the issuer's registration statement.

F2 · ownership.nature: Alpha Wave is an investment entity managed by Falcon Edge Capital, LP ("Falcon Edge"). Mr. Gerson is the Chairman and Chief Investment Officer of Falcon Edge.

Read SEC document
January 12, 2021 Filed Feb 17, 2021 17:22 UTC Pioneer Merger Corp. PACXU · Entity 120615 PurchaseClass A Ordinary Shares 4,450,000 $10.00 $44,500,000.00
Disclosure

SEC source: 0001104659-21-024889 · tm217058-2_4seq1.xml · nonDerivative · entry 1

GERSON RICK MATTHEW · CIK 0001742201 · Co-President · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Alpha Wave Ventures, LP

Disclosed balance after: 14,392,500

F1 · security: This Form 4 reflects the acquisition by Alpha Wave Ventures, LP ("Alpha Wave") of 4,450,000 of the issuer's Class A ordinary shares, par value $0.0001 per share, underlying units purchased by Alpha Wave in the Issuer's initial public offering. As described in the issuer's registration statement on Form S-1 (File No. 333-251556) under the heading "Description of Securities -- Units", each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as described in the issuer's registration statement.

F1 · shares: This Form 4 reflects the acquisition by Alpha Wave Ventures, LP ("Alpha Wave") of 4,450,000 of the issuer's Class A ordinary shares, par value $0.0001 per share, underlying units purchased by Alpha Wave in the Issuer's initial public offering. As described in the issuer's registration statement on Form S-1 (File No. 333-251556) under the heading "Description of Securities -- Units", each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as described in the issuer's registration statement.

F2 · ownership.nature: Alpha Wave is an investment entity managed by Falcon Edge Capital, LP ("Falcon Edge"). Mr. Gerson is the Chairman and Chief Investment Officer of Falcon Edge.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.