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Stromquist Marty

Disclosed activity across 1 company

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116150
SEC CIK
0001699918

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
NCS Multistage Holdings, Inc.NCSM · Entity 6562DirectorFebruary 28, 2023March 02, 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.

NCS Multistage Holdings, Inc.

Report date February 28, 2023 · Filed March 02, 2023

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect7,896 Ending reported balance After 2023-02-28 transaction · row 3
3 source rows · reconciled sequence

Row 1 · 2023-02-28 · Exercise / conversion · Acquired 2,741 · Balance 12,096

F1: Equivalent stock units vested on February 28, 2023 and settled for cash.

Row 2 · 2023-02-28 · Tax withholding · Disposed 2,741 · Balance 9,355

F1: Equivalent stock units vested on February 28, 2023 and settled for cash.

Row 3 · 2023-02-28 · Disposition to issuer · Disposed 1,459 · Balance 7,896

F2: These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.

Equivalent Stock UnitsSEC Table II · derivative / convertible securityDirect0 Reported balance After 2023-02-28 transaction · row 6 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 6 · 2023-02-28 · Exercise / conversion · Disposed 2,741 · Balance 0

F5: These equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, provided that the amount of cash settled for any equivalent stock unit will not exceed the maximum payout established by the Compensation, Nominating and Governance Committee.

F1: Equivalent stock units vested on February 28, 2023 and settled for cash.

Common StockSEC Table I · non-derivativeIndirectBy Corporation30,173 Reported balance Holding disclosure · report date 2023-02-28 · row 4 Holding and transaction disclosures are not merged.
1 source row

Row 4 · Balance 30,173

F3: Held by Stromquist Technologies Inc., a corporation of which the Reporting Person is a controlling shareholder. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Stromquist Technologies Inc. except to the extent of his pecuniary interest therein.

Common StockSEC Table I · non-derivativeIndirectSee Footnote5,672 Reported balance Holding disclosure · report date 2023-02-28 · row 5 Holding and transaction disclosures are not merged.
1 source row

Row 5 · Balance 5,672

F4: Held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Cemblend Systems Inc. except to the extent of his pecuniary interest therein.

Filing footnotes · ownership attribution and instrument terms

F1: Equivalent stock units vested on February 28, 2023 and settled for cash.

F2: These shares were surrendered to satisfy the tax obligations related to the vesting of restricted stock units.

F3: Held by Stromquist Technologies Inc., a corporation of which the Reporting Person is a controlling shareholder. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Stromquist Technologies Inc. except to the extent of his pecuniary interest therein.

F4: Held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the Issuer's securities held by Cemblend Systems Inc. except to the extent of his pecuniary interest therein.

F5: These equivalent stock units settle in cash and represent the economic equivalent of one share of common stock, provided that the amount of cash settled for any equivalent stock unit will not exceed the maximum payout established by the Compensation, Nominating and Governance Committee.

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
August 17, 2018 Filed Aug 20, 2018 11:55 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 SaleCommon Stock 500 $15.96 $7,980.00
Disclosure

SEC source: 0001562762-18-000258 · certent-form4.xml · nonDerivative · entry 1

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 220,656

F1 · price: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.96 to $16.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F2 · balance_after: The shares are held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by Mr. Stromquist.

F2 · ownership.nature: The shares are held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by Mr. Stromquist.

Read SEC document
May 11, 2018 Filed May 14, 2018 12:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherOption (right to buy) · Derivative 118,672 $0.00 Strike: $1.24 $0.00
Disclosure

SEC source: 0001562762-18-000161 · certent-form4.xml · derivative · entry 7

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 118,672 shares

Expires 2019-01-01

F5 · derivative.exercise_date: These options have vested and are exercisable.

Read SEC document
May 11, 2018 Filed May 14, 2018 12:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 SaleCommon Stock 118,672 $17.06 $2,024,544.32
Disclosure

SEC source: 0001562762-18-000161 · certent-form4.xml · nonDerivative · entry 4

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,419

F3 · price: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.16.

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
May 11, 2018 Filed May 14, 2018 12:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherCommon Stock 118,672 $1.24 $147,153.28
Disclosure

SEC source: 0001562762-18-000161 · certent-form4.xml · nonDerivative · entry 3

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 143,091

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
May 10, 2018 Filed May 14, 2018 12:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherOption (right to buy) · Derivative 12,965 $0.00 Strike: $1.24 $0.00
Disclosure

SEC source: 0001562762-18-000161 · certent-form4.xml · derivative · entry 6

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,672

Underlying: Common Stock · 12,965 shares

Expires 2019-01-01

F5 · derivative.exercise_date: These options have vested and are exercisable.

Read SEC document
May 10, 2018 Filed May 14, 2018 12:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 SaleCommon Stock 12,965 $17.00 $220,405.00
Disclosure

SEC source: 0001562762-18-000161 · certent-form4.xml · nonDerivative · entry 2

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,419

F2 · price: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.05. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
May 10, 2018 Filed May 14, 2018 12:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherCommon Stock 12,965 $1.24 $16,076.60
Disclosure

SEC source: 0001562762-18-000161 · certent-form4.xml · nonDerivative · entry 1

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,384

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
March 14, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherOption (right to buy) · Derivative 71,325 $0.00 Strike: $1.24 $0.00
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · derivative · entry 10

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 131,637

Underlying: Common Stock · 71,325 shares

Expires 2019-01-01

F6 · derivative.exercise_date: These options have vested and are exercisable.

Read SEC document
March 14, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherOption (right to buy) · Derivative 31,900 $0.00 Strike: $1.24 $0.00
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · derivative · entry 9

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 202,962

Underlying: Common Stock · 31,900 shares

Expires 2019-01-01

F6 · derivative.exercise_date: These options have vested and are exercisable.

Read SEC document
March 14, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 SaleCommon Stock 71,325 $16.02 $1,142,626.50
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · nonDerivative · entry 6

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,419

F5 · price: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.10.

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
March 14, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherCommon Stock 71,325 $1.24 $88,443.00
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · nonDerivative · entry 5

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 95,744

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
March 14, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 SaleCommon Stock 31,900 $16.60 $529,540.00
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · nonDerivative · entry 4

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,419

F4 · price: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $17.18.

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
March 14, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherCommon Stock 31,900 $1.24 $39,556.00
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · nonDerivative · entry 3

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,319

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
March 13, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherOption (right to buy) · Derivative 7,253 $0.00 Strike: $1.24 $0.00
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · derivative · entry 8

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,862

Underlying: Common Stock · 7,253 shares

Expires 2019-01-01

F6 · derivative.exercise_date: These options have vested and are exercisable.

Read SEC document
March 13, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 SaleCommon Stock 7,253 $17.39 $126,129.67
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · nonDerivative · entry 2

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,419

F2 · price: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.30 to $17.75. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (4) and (5) to this Form 4.

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
March 13, 2018 Filed Mar 15, 2018 14:05 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 OtherCommon Stock 7,253 $1.24 $8,993.72
Disclosure

SEC source: 0001562762-18-000093 · certent-form4.xml · nonDerivative · entry 1

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,672

F1 · balance_after: Includes 24,419 restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
March 01, 2018 Filed Mar 5, 2018 16:29 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 GrantPerformance Shares · Derivative 24,419 $0.00 $0.00
Disclosure

SEC source: 0001562762-18-000062 · certent-form4.xml · derivative · entry 3

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,419

Underlying: Common Stock · 24,419 shares

Expires 2020-12-31

F3 · derivative.exercise_price: These performance shares represent a contingent right to receive common stock, based on the Issuer's relative shareholder return versus that of its peer group. Each performance share will settle for between zero and two shares of common stock in the first quarter of 2021, based on achievement of the performance measure over a three-year period, following certification by the Compensation, Nominating and Governance Committee of the performance results.

F3 · derivative.exercise_date: These performance shares represent a contingent right to receive common stock, based on the Issuer's relative shareholder return versus that of its peer group. Each performance share will settle for between zero and two shares of common stock in the first quarter of 2021, based on achievement of the performance measure over a three-year period, following certification by the Compensation, Nominating and Governance Committee of the performance results.

Read SEC document
March 01, 2018 Filed Mar 5, 2018 16:29 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 GrantCommon Stock 24,419 $0.00 $0.00
Disclosure

SEC source: 0001562762-18-000062 · certent-form4.xml · nonDerivative · entry 1

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,419

F1 · balance_after: Consists of restricted stock units which vest in three equal annual installments beginning on March 1, 2019.

Read SEC document
February 14, 2018 Filed Feb 14, 2018 19:10 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 Disposition to issuerExchangeable Share · Derivative 73,718.7 Not disclosed Not disclosed
Disclosure

SEC source: 0001562762-18-000037 · certent-form4.xml · derivative · entry 2

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 221,155.8

Underlying: Common Stock · 221,156 shares

Expires not disclosed

F1 · security: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F1 · derivative.exercise_price: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F1 · price: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F1 · derivative.exercise_date: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F1 · derivative.expiration_date: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F2 · ownership.nature: The shares are held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by Mr. Stromquist.

Read SEC document
February 14, 2018 Filed Feb 14, 2018 19:10 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 GrantCommon Stock 221,156 Not disclosed Not disclosed
Disclosure

SEC source: 0001562762-18-000037 · certent-form4.xml · nonDerivative · entry 1

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 221,156

F1 · price: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F2 · ownership.nature: The shares are held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by Mr. Stromquist.

Read SEC document
May 03, 2017 Filed May 4, 2017 17:01 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 Disposition to issuerExchangeable Shares · Derivative 8,333.3 Not disclosed Not disclosed
Disclosure

SEC source: 0001140361-17-018475 · form4.xml · derivative · entry 3

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 294,874.5

Underlying: Common Stock · 25,000 shares

Expires not disclosed

F1 · security: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer in connection with the Issuer's initial public offering. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F1 · derivative.exercise_price: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer in connection with the Issuer's initial public offering. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F1 · price: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer in connection with the Issuer's initial public offering. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F1 · derivative.exercise_date: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer in connection with the Issuer's initial public offering. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F1 · derivative.expiration_date: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer in connection with the Issuer's initial public offering. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F2 · ownership.nature: The shares are held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by Mr. Stromquist.

Read SEC document
May 03, 2017 Filed May 4, 2017 17:01 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 SaleCommon Stock 25,000 $15.94 $398,500.00
Disclosure

SEC source: 0001140361-17-018475 · form4.xml · nonDerivative · entry 2

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

F2 · ownership.nature: The shares are held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by Mr. Stromquist.

Read SEC document
May 03, 2017 Filed May 4, 2017 17:01 UTC NCS Multistage Holdings, Inc. NCSM · Entity 6562 GrantCommon Stock 25,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001140361-17-018475 · form4.xml · nonDerivative · entry 1

Stromquist Marty · CIK 0001699918 · Director · President

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 25,000

F1 · price: Represents exchangeable shares in NCS Multistage Inc., a wholly owned indirect subsidiary of the Issuer, that were exchanged for shares of common stock of the Issuer in connection with the Issuer's initial public offering. Each exchangeable share is convertible into three shares of common stock of the Issuer, subject to adjustment. The exchangeable shares are currently exercisable and have no expiration date.

F2 · ownership.nature: The shares are held by Cemblend Systems Inc. Cemblend Systems Inc. is indirectly 50% owned by Mr. Stromquist.

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.