Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| Drive Shack Inc.DS · Entity 127198 | CEO & President | April 10, 2018 | April 12, 2018 |
| Rocket Companies, Inc.RKT · Entity 3094 | Director | August 17, 2026 | August 17, 2026 |
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.
Drive Shack Inc.
Report date April 10, 2018 · Filed April 12, 2018
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $1.00 · Expires 2021-03-31 | Direct | 74,844 |
Reported balance
After 2018-04-10 transaction · row 1
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 1 · 2018-04-10 · Other · Acquired 37,422 · Balance 74,844 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $1.00 · Expires 2021-09-30 | Direct | 125,812 |
Reported balance
After 2018-04-10 transaction · row 2
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 2 · 2018-04-10 · Other · Acquired 62,906 · Balance 125,812 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $1.00 · Expires 2022-04-30 | Direct | 83,604 |
Reported balance
After 2018-04-10 transaction · row 3
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 3 · 2018-04-10 · Other · Acquired 41,802 · Balance 83,604 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $1.00 · Expires 2022-05-31 | Direct | 95,116 |
Reported balance
After 2018-04-10 transaction · row 4
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 4 · 2018-04-10 · Other · Acquired 47,558 · Balance 95,116 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $1.00 · Expires 2022-07-31 | Direct | 105,118 |
Reported balance
After 2018-04-10 transaction · row 5
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 5 · 2018-04-10 · Other · Acquired 52,559 · Balance 105,118 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $2.32 · Expires 2023-01-31 | Direct | 230,000 |
Reported balance
After 2018-04-10 transaction · row 6
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 6 · 2018-04-10 · Other · Acquired 115,000 · Balance 230,000 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $2.95 · Expires 2023-02-28 | Direct | 92,000 |
Reported balance
After 2018-04-10 transaction · row 7
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 7 · 2018-04-10 · Other · Acquired 46,000 · Balance 92,000 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $3.23 · Expires 2023-06-30 | Direct | 161,000 |
Reported balance
After 2018-04-10 transaction · row 8
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 8 · 2018-04-10 · Other · Acquired 80,500 · Balance 161,000 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $3.57 · Expires 2023-11-30 | Direct | 231,804 |
Reported balance
After 2018-04-10 transaction · row 9
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 9 · 2018-04-10 · Other · Acquired 115,902 · Balance 231,804 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
| Stock Option (right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $4.01 · Expires 2024-08-31 | Direct | 183,700 |
Reported balance
After 2018-04-10 transaction · row 10
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 10 · 2018-04-10 · Other · Acquired 91,850 · Balance 183,700 F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. |
Filing footnotes · ownership attribution and instrument terms
F1: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled.
F2: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option.
Rocket Companies, Inc.
Report date August 17, 2026 · Filed August 17, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Class A common stockSEC Table I · non-derivative | Direct | 14,566 |
Reported balance
After 2026-08-17 transaction · row 1
1 source rowRow 1 · 2026-08-17 · Grant · Acquired 14,566 · Balance 14,566 F1: Represents restricted stock units ("RSUs") granted to the Reporting Person under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3. Each RSU represents the contingent right to receive one share of Class A common stock of the issuer for each vested RSU. The RSUs will vest in full on the first anniversary of the grant date. |
Filing footnotes · ownership attribution and instrument terms
F1: Represents restricted stock units ("RSUs") granted to the Reporting Person under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3. Each RSU represents the contingent right to receive one share of Class A common stock of the issuer for each vested RSU. The RSUs will vest in full on the first anniversary of the grant date.
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 |
|---|---|---|---|---|---|---|
| August 17, 2026 Filed Aug 17, 2026 20:11 UTC | Rocket Companies, Inc. RKT · Entity 3094 | GrantClass A common stock | 14,566 | $0.00 | $0.00 |
DisclosureSEC source: 0001805284-26-000087 · wk-form4_1786997480.xml · nonDerivative · entry 1 Watterson Sarah · CIK 0001676712 · Director 10b5-1 filing: No plan indicated Ownership: Direct Disclosed balance after: 14,566 F1 · shares: Represents restricted stock units ("RSUs") granted to the Reporting Person under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3. Each RSU represents the contingent right to receive one share of Class A common stock of the issuer for each vested RSU. The RSUs will vest in full on the first anniversary of the grant date. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 91,850 | $0.00 Strike: $4.01 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 10 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 183,700 Underlying: Common Stock, par value $0.01 per share · 91,850 shares Expires 2024-08-31 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 115,902 | $0.00 Strike: $3.57 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 9 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 231,804 Underlying: Common Stock, par value $0.01 per share · 115,902 shares Expires 2023-11-30 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 80,500 | $0.00 Strike: $3.23 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 8 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 161,000 Underlying: Common Stock, par value $0.01 per share · 80,500 shares Expires 2023-06-30 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 46,000 | $0.00 Strike: $2.95 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 7 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 92,000 Underlying: Common Stock, par value $0.01 per share · 46,000 shares Expires 2023-02-28 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 115,000 | $0.00 Strike: $2.32 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 6 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 230,000 Underlying: Common Stock, par value $0.01 per share · 115,000 shares Expires 2023-01-31 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 52,559 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 5 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 105,118 Underlying: Common Stock, par value $0.01 per share · 52,559 shares Expires 2022-07-31 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 47,558 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 4 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 95,116 Underlying: Common Stock, par value $0.01 per share · 47,558 shares Expires 2022-05-31 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 41,802 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 3 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 83,604 Underlying: Common Stock, par value $0.01 per share · 41,802 shares Expires 2022-04-30 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 62,906 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 2 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 125,812 Underlying: Common Stock, par value $0.01 per share · 62,906 shares Expires 2021-09-30 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| April 10, 2018 Filed Apr 12, 2018 16:20 UTC | Drive Shack Inc. DS · Entity 127198 | OtherStock Option (right to buy) · Derivative | 37,422 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-18-024736 · doc4.xml · derivative · entry 1 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 74,844 Underlying: Common Stock, par value $0.01 per share · 37,422 shares Expires 2021-03-31 F1 · derivative.exercise_date: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. F2 · derivative.expiration_date: Represents the expiration date of the related option of the former manager. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F1 · derivative.underlying: The stock options were assigned to the holder by FIG LLC and correspond on a one-to-one basis to the options that were assigned by FIG LLC, such that exercise by the holder would result in the corresponding option held by FIG LLC being cancelled. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 91,850 | $0.00 Strike: $4.01 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 10 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 91,850 Underlying: Common Stock, par value $0.01 per share · 91,850 shares Expires 2024-08-31 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 115,902 | $0.00 Strike: $3.57 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 9 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 115,902 Underlying: Common Stock, par value $0.01 per share · 115,902 shares Expires 2023-11-30 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 80,500 | $0.00 Strike: $3.23 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 8 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 80,500 Underlying: Common Stock, par value $0.01 per share · 80,500 shares Expires 2023-06-30 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 46,000 | $0.00 Strike: $2.95 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 7 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 46,000 Underlying: Common Stock, par value $0.01 per share · 46,000 shares Expires 2023-02-28 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 115,000 | $0.00 Strike: $2.32 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 6 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 115,000 Underlying: Common Stock, par value $0.01 per share · 115,000 shares Expires 2023-01-31 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 52,559 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 5 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 52,559 Underlying: Common Stock, par value $0.01 per share · 52,559 shares Expires 2022-07-31 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 47,558 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 4 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 47,558 Underlying: Common Stock, par value $0.01 per share · 47,558 shares Expires 2022-05-31 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 41,802 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 3 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 41,802 Underlying: Common Stock, par value $0.01 per share · 41,802 shares Expires 2022-04-30 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 62,906 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 2 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 62,906 Underlying: Common Stock, par value $0.01 per share · 62,906 shares Expires 2021-09-30 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| February 03, 2017 Filed Feb 17, 2017 17:41 UTC | Drive Shack Inc. DS · Entity 127198 | GrantStock Option (right to buy) · Derivative | 37,422 | $0.00 Strike: $1.00 | $0.00 |
DisclosureSEC source: 0001209191-17-012286 · doc4.xml · derivative · entry 1 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 37,422 Underlying: Common Stock, par value $0.01 per share · 37,422 shares Expires 2021-03-31 F1 · derivative.exercise_date: Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 2) F2 · derivative.exercise_date: When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period. F3 · derivative.expiration_date: Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option. F4 · derivative.underlying: Tandem awards will be settled in an amount of cash equal to the excess of the fair market value of a share of our common stock on the date of exercise over the fair market value on the date of grant, unless advance approval is given by the Board of Directors or an officer of the Company, as applicable, to settle the tandem awards in shares. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Exercise / conversionStock Option (right to buy) · Derivative | 10,809 | $0.00 Strike: $3.57 | $0.00 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · derivative · entry 9 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock, par value $0.01 per share · 10,809 shares Expires 2016-12-31 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 · derivative.exercise_date: Options were fully vested and exercisable on or before September 26, 2016. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Exercise / conversionStock Option (right to buy) · Derivative | 7,507 | $0.00 Strike: $3.23 | $0.00 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · derivative · entry 8 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock, par value $0.01 per share · 7,507 shares Expires 2016-12-31 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 · derivative.exercise_date: Options were fully vested and exercisable on or before September 26, 2016. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Exercise / conversionStock Option (right to buy) · Derivative | 4,290 | $0.00 Strike: $2.95 | $0.00 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · derivative · entry 7 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock, par value $0.01 per share · 4,290 shares Expires 2016-12-31 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 · derivative.exercise_date: Options were fully vested and exercisable on or before September 26, 2016. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Exercise / conversionStock Option (right to buy) · Derivative | 10,725 | $0.00 Strike: $2.32 | $0.00 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · derivative · entry 6 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock, par value $0.01 per share · 10,725 shares Expires 2016-12-31 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 · derivative.exercise_date: Options were fully vested and exercisable on or before September 26, 2016. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Tax withholdingCommon Stock, par value $0.01 per share | 22,060 | $4.55 | $100,373.00 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · nonDerivative · entry 5 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 18,206 F1 · kind: No shares were sold. Reflects deemed surrender of shares to satisfy the exercise price due upon exercise of the associated options. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Exercise / conversionCommon Stock, par value $0.01 per share | 10,809 | $3.57 | $38,588.13 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · nonDerivative · entry 4 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 40,266 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. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Exercise / conversionCommon Stock, par value $0.01 per share | 7,507 | $3.23 | $24,247.61 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · nonDerivative · entry 3 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 29,457 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. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Exercise / conversionCommon Stock, par value $0.01 per share | 4,290 | $2.95 | $12,655.50 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · nonDerivative · entry 2 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 21,950 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. Read SEC document |
| November 22, 2016 Filed Nov 23, 2016 07:15 UTC | Drive Shack Inc. NCT · Entity 127198 | Exercise / conversionCommon Stock, par value $0.01 per share | 10,725 | $2.32 | $24,882.00 |
DisclosureSEC source: 0001209191-16-151825 · doc4.xml · nonDerivative · entry 1 Watterson Sarah · CIK 0001676712 · CEO & President 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 17,660 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. 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.