Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| Parker-Hannifin CorpPH · Entity 2887 | VP, President-Filtration Group | October 24, 2007 | October 26, 2007 |
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.
Parker-Hannifin Corp
Report date October 24, 2007 · Filed October 26, 2007
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 13 |
Last balance in matching sequence
After 2007-10-24 transaction · row 14
Source-order balances reconcile. Account continuity and personal attribution are not independently verified.
12 source rowsRow 3 · 2007-10-24 · Exercise / conversion · Acquired 6,967 · Balance 6,980 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 4 · 2007-10-24 · Tax withholding · Disposed 1,021 · Balance 5,959 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 5 · 2007-10-24 · Sale · Disposed 1,046 · Balance 4,913 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 6 · 2007-10-24 · Sale · Disposed 200 · Balance 4,713 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 7 · 2007-10-24 · Sale · Disposed 500 · Balance 4,213 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 8 · 2007-10-24 · Sale · Disposed 300 · Balance 3,913 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 9 · 2007-10-24 · Sale · Disposed 500 · Balance 3,413 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 10 · 2007-10-24 · Sale · Disposed 200 · Balance 3,213 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 11 · 2007-10-24 · Sale · Disposed 100 · Balance 3,113 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 12 · 2007-10-24 · Sale · Disposed 500 · Balance 2,613 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 13 · 2007-10-24 · Sale · Disposed 2,200 · Balance 413 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. Row 14 · 2007-10-24 · Sale · Disposed 400 · Balance 13 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. |
| Option to BuySEC Table II · derivative / convertible security · Conversion / exercise price $49.50 · Expires 2008-08-11 | Direct | 0 |
Reported balance
After 2007-10-24 transaction · row 15
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 15 · 2007-10-24 · Exercise / conversion · Disposed 6,967 · Balance 0 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. F2: Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3. |
| Common StockSEC Table I · non-derivative | IndirectParker Retirement Savings Plan | 8,116.786 |
Reported balance
Holding disclosure · report date 2007-10-24 · row 1
Holding and transaction disclosures are not merged.
1 source rowRow 1 · Balance 8,116.786 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. |
| Common StockSEC Table I · non-derivative | IndirectJohn K. Oelslager Revocable Trust | 9,377 |
Reported balance
Holding disclosure · report date 2007-10-24 · row 2
Holding and transaction disclosures are not merged.
1 source rowRow 2 · Balance 9,377 F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007. |
Filing footnotes · ownership attribution and instrument terms
F1: Reflects 3-shares-for-2 stock split effected in the form of a stock dividend issued on October 1, 2007.
F2: Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3.
Transaction history
JSON APIPurchases/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 date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 5,889 | Not disclosed Strike: $74.25 | Not disclosed |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 19 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,889 Underlying: Common Stock · 5,889 shares Expires 2011-08-07 F12 · price: Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 4,645 | Not disclosed Strike: $74.25 | Not disclosed |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 18 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 4,645 Underlying: Common Stock · 4,645 shares Expires 2008-08-11 F12 · price: Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 60 | Not disclosed Strike: $74.25 | Not disclosed |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 17 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 60 Underlying: Common Stock · 60 shares Expires 2007-08-12 F12 · price: Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 5,391 | Not disclosed Strike: $74.25 | Not disclosed |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 16 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 5,391 Underlying: Common Stock · 5,391 shares Expires 2010-08-08 F12 · price: Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 4,876 | Not disclosed Strike: $74.25 | Not disclosed |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 15 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 4,876 Underlying: Common Stock · 4,876 shares Expires 2009-08-10 F12 · price: Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionOption to Buy · Derivative | 13,550 | $0.00 Strike: $39.84 | $0.00 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 14 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 13,550 shares Expires 2012-08-06 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F6 · shares: "Pyramid" stock option exercise resulting in net acquisition of 6,247 shares. F8 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F11 · derivative.exercise_date: The option vested in two equal installments on 8/7/03 and 8/7/04. F6 · derivative.underlying_shares: "Pyramid" stock option exercise resulting in net acquisition of 6,247 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionOption to Buy · Derivative | 9,800 | $0.00 Strike: $44.42 | $0.00 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 13 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 9,800 shares Expires 2011-08-07 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F5 · shares: "Pyramid" stock option exercise resulting in net acquisition of 3,911 shares. F8 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F10 · derivative.exercise_date: The option vested in two equal installments on 8/8/02 and 8/8/03. F5 · derivative.underlying_shares: "Pyramid" stock option exercise resulting in net acquisition of 3,911 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionOption to Buy · Derivative | 7,000 | $0.00 Strike: $49.05 | $0.00 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 12 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 7,000 shares Expires 2008-08-11 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · shares: "Pyramid" stock option exercise resulting in net acquisition of 2,355 shares. F8 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F4 · derivative.underlying_shares: "Pyramid" stock option exercise resulting in net acquisition of 2,355 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionOption to Buy · Derivative | 91 | $0.00 Strike: $49.05 | $0.00 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 11 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 91 shares Expires 2007-08-12 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · shares: "Pyramid" stock option exercise resulting in net acquisition of 31 shares. F8 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F3 · derivative.underlying_shares: "Pyramid" stock option exercise resulting in net acquisition of 31 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionOption to Buy · Derivative | 11,090 | $0.00 Strike: $35.94 | $0.00 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 10 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 11,090 shares Expires 2010-08-08 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · shares: "Pyramid" stock option exercise resulting in net acquisition of 5,699 shares. F8 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F9 · derivative.exercise_date: The option vested in two equal installments on 8/9/01 and 8/9/02. F2 · derivative.underlying_shares: "Pyramid" stock option exercise resulting in net acquisition of 5,699 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionOption to Buy · Derivative | 8,010 | $0.00 Strike: $45.00 | $0.00 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · derivative · entry 9 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 900 Underlying: Common Stock · 8,010 shares Expires 2009-08-10 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: "Pyramid" stock option exercise resulting in net acquisition of 3,134 shares. F8 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F7 · derivative.exercise_date: The option vested in two equal installments on 8/11/00 and 8/11/01. F1 · derivative.underlying_shares: "Pyramid" stock option exercise resulting in net acquisition of 3,134 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Tax withholdingCommon Stock | 6,832 | $73.92 | $505,021.44 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · nonDerivative · entry 8 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Indirect · John K. Oelslager Rev Trust Disclosed balance after: 29,170 Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionCommon Stock | 6,247 | $39.84 | $248,880.48 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · nonDerivative · entry 7 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Indirect · John K. Oelslager Rev Trust Disclosed balance after: 29,170 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F6 · shares: "Pyramid" stock option exercise resulting in net acquisition of 6,247 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionCommon Stock | 3,911 | $44.42 | $173,726.62 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · nonDerivative · entry 6 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Indirect · John K. Oelslager Rev Trust Disclosed balance after: 29,170 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F5 · shares: "Pyramid" stock option exercise resulting in net acquisition of 3,911 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionCommon Stock | 2,355 | $49.05 | $115,512.75 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · nonDerivative · entry 5 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Indirect · John K. Oelslager Rev Trust Disclosed balance after: 29,170 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · shares: "Pyramid" stock option exercise resulting in net acquisition of 2,355 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionCommon Stock | 31 | $49.05 | $1,520.55 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · nonDerivative · entry 4 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Indirect · John K. Oelslager Rev Trust Disclosed balance after: 29,170 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · shares: "Pyramid" stock option exercise resulting in net acquisition of 31 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionCommon Stock | 5,699 | $35.94 | $204,807.81 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · nonDerivative · entry 3 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Indirect · John K. Oelslager Rev Trust Disclosed balance after: 29,170 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F2 · shares: "Pyramid" stock option exercise resulting in net acquisition of 5,699 shares. Read SEC document |
| November 11, 2004 Filed Nov 15, 2004 19:11 UTC | Parker-Hannifin Corp PH · Entity 2887 | Exercise / conversionCommon Stock | 3,134 | $45.00 | $141,030.00 |
DisclosureSEC source: 0000076334-04-000079 · edgar.xml · nonDerivative · entry 2 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Indirect · John K. Oelslager Rev Trust Disclosed balance after: 29,170 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: "Pyramid" stock option exercise resulting in net acquisition of 3,134 shares. Read SEC document |
| August 11, 2004 Filed Aug 12, 2004 19:09 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 10,500 | Not disclosed Strike: $54.39 | Not disclosed |
DisclosureSEC source: 0000076334-04-000033 · edgar.xml · derivative · entry 1 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,500 Underlying: Common Stock · 10,500 shares Expires 2014-08-10 F2 · price: Granted under the Corporation's 2003 Stock Incentive Plan in a transaction exempt under Rule 16b-3. F1 · derivative.exercise_date: The option vests in two equal installments on 8/11/05 and 8/11/06. Read SEC document |
| August 13, 2003 Filed Aug 15, 2003 16:43 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 12,775 | Not disclosed Strike: $47.29 | Not disclosed |
DisclosureSEC source: 0000076334-03-000077 · edgar.xml · derivative · entry 1 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,775 Underlying: Common Stock · 12,775 shares Expires 2013-08-12 F2 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F1 · derivative.exercise_date: The option vests in two equal installments on 8/13/04 and 8/13/05. Read SEC document |
| August 07, 2002 Filed Aug 11, 2003 13:22 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 6,775 | Not disclosed Strike: $39.84 | Not disclosed |
DisclosureSEC source: 0000076334-03-000043 · edgar.xml · derivative · entry 2 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 6,775 Underlying: Common Stock · 6,775 shares Expires 2012-08-06 F1 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F2 · balance_after: In addition to the options reported hereon, Mr. Oelslager owns 35,991 additional options which were granted pursuant to the Corporation's 1993 Stock Incentive Program, at various exercise prices and expiration dates, as previously reported. Read SEC document |
| August 07, 2002 Filed Aug 11, 2003 13:22 UTC | Parker-Hannifin Corp PH · Entity 2887 | GrantOption to Buy · Derivative | 6,775 | Not disclosed Strike: $39.84 | Not disclosed |
DisclosureSEC source: 0000076334-03-000043 · edgar.xml · derivative · entry 1 OELSLAGER JOHN K · CIK 0001049679 · VP, PRESIDENT-FILTRATION GROUP 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 6,775 Underlying: Common Stock · 6,775 shares Expires 2012-08-06 F1 · price: Granted under the Corporation's 1993 Stock Incentive Program in a transaction exempt under Rule 16b-3. F2 · balance_after: In addition to the options reported hereon, Mr. Oelslager owns 35,991 additional options which were granted pursuant to the Corporation's 1993 Stock Incentive Program, at various exercise prices and expiration dates, as previously reported. 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.