Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| Corvex, Inc.MOVE · Entity 5811 | Director | July 07, 2026 | July 08, 2026 |
| IN8BIO, INC.INAB · Entity 7941 | Director | May 27, 2026 | May 29, 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.
Corvex, Inc.
Report date July 07, 2026 · Filed July 08, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | IndirectSee footnote | 1,214,513 |
Reported balance
After 2026-07-07 transaction · row 1
Holding and transaction disclosures are not merged.
1 source rowRow 1 · 2026-07-07 · Conversion · Acquired 1,205,282 · Balance 1,214,513 F1: Based on automatic conversion of 1,205.2825 shares of Series C Non-Voting Convertible Preferred Stock, par value $0.0001 per share (the "Series C Preferred Stock") into shares of common stock at a conversion ratio of 1 to 1,000 shares of common stock (as adjusted for fractional shares paid in cash). F2: The securities are held by the Moira Partners, LLC. Emily Fairbairn is the Managing Member of Moira Partners and has voting and investment power over the securities held by Moira Partners. Ms. Fairbairn disclaims beneficial ownership of the securities held by Moira Partners, except to the extent of her pecuniary interest therein. |
| Common StockSEC Table I · non-derivative | IndirectSee footnote | 45,129 |
Reported balance
Holding disclosure · report date 2026-07-07 · row 3
Holding and transaction disclosures are not merged.
1 source rowRow 3 · Balance 45,129 F4: The securities are held by the Malcolm P. Fairbairn and Emily T. Fairbairn Charitable Remainder Unitrust ("Fairbairn Unitrust"). Emily Fairbairn has voting and investment power over the securities held by Fairbairn Unitrust. Ms. Fairbairn disclaims beneficial ownership of the securities held by Fairbairn Unitrust, except to the extent of her and her spouse's pecuniary interest therein. |
| Common StockSEC Table I · non-derivative | IndirectSee footnote | 4,783 |
Reported balance
Holding disclosure · report date 2026-07-07 · row 4
Holding and transaction disclosures are not merged.
1 source rowRow 4 · Balance 4,783 F5: The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn has voting and investment power over the shares held by Valley High. |
| Series C Preferred StockSEC Table II · derivative / convertible security · Conversion / exercise price $0.00 | IndirectSee footnote | 0 |
Reported balance
After 2026-07-07 transaction · row 5
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 5 · 2026-07-07 · Conversion · Disposed 1,205.2825 · Balance 0 F6: The Series C Preferred Stock automatically converted into shares of common stock on July 7, 2026 at a conversion ratio of 1 to 1000 shares of common stock. F1: Based on automatic conversion of 1,205.2825 shares of Series C Non-Voting Convertible Preferred Stock, par value $0.0001 per share (the "Series C Preferred Stock") into shares of common stock at a conversion ratio of 1 to 1,000 shares of common stock (as adjusted for fractional shares paid in cash). F7: The preferred stock is perpetual and therefore has no expiration date F2: The securities are held by the Moira Partners, LLC. Emily Fairbairn is the Managing Member of Moira Partners and has voting and investment power over the securities held by Moira Partners. Ms. Fairbairn disclaims beneficial ownership of the securities held by Moira Partners, except to the extent of her pecuniary interest therein. |
| Common StockSEC Table I · non-derivative | Direct | 228,577 |
Reported balance
Holding disclosure · report date 2026-07-07 · row 2
Holding and transaction disclosures are not merged.
1 source rowRow 2 · Balance 228,577 F3: Includes unvested shares of restricted stock. |
Filing footnotes · ownership attribution and instrument terms
F1: Based on automatic conversion of 1,205.2825 shares of Series C Non-Voting Convertible Preferred Stock, par value $0.0001 per share (the "Series C Preferred Stock") into shares of common stock at a conversion ratio of 1 to 1,000 shares of common stock (as adjusted for fractional shares paid in cash).
F2: The securities are held by the Moira Partners, LLC. Emily Fairbairn is the Managing Member of Moira Partners and has voting and investment power over the securities held by Moira Partners. Ms. Fairbairn disclaims beneficial ownership of the securities held by Moira Partners, except to the extent of her pecuniary interest therein.
F3: Includes unvested shares of restricted stock.
F4: The securities are held by the Malcolm P. Fairbairn and Emily T. Fairbairn Charitable Remainder Unitrust ("Fairbairn Unitrust"). Emily Fairbairn has voting and investment power over the securities held by Fairbairn Unitrust. Ms. Fairbairn disclaims beneficial ownership of the securities held by Fairbairn Unitrust, except to the extent of her and her spouse's pecuniary interest therein.
F5: The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn has voting and investment power over the shares held by Valley High.
F6: The Series C Preferred Stock automatically converted into shares of common stock on July 7, 2026 at a conversion ratio of 1 to 1000 shares of common stock.
F7: The preferred stock is perpetual and therefore has no expiration date
IN8BIO, INC.
Report date May 27, 2026 · Filed May 29, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | IndirectSee footnote | 0 |
Reported balance
After 2026-05-27 transaction · row 1
Holding and transaction disclosures are not merged.
1 source rowRow 1 · 2026-05-27 · Gift · Disposed 724,637 · Balance 0 F1: Represents a bona fide gift for no consideration to a 501(c)(3) charitable foundation. F2: The securities are held by Malcom and Emily Fairbairn 2010 CRUT (the "CRUT"). The Reporting Person is a trustee of the CRUT. |
| Common StockSEC Table I · non-derivative | IndirectSee footnote | 3,044 |
Reported balance
Holding disclosure · report date 2026-05-27 · row 2
Holding and transaction disclosures are not merged.
1 source rowRow 2 · Balance 3,044 F3: The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn's spouse is the sole managing partner of Valley High and has voting and investment power over the shares held by Valley High. |
| Common StockSEC Table I · non-derivative | IndirectSee footnote | 923 |
Reported balance
Holding disclosure · report date 2026-05-27 · row 3
Holding and transaction disclosures are not merged.
1 source rowRow 3 · Balance 923 F4: The securities are held by Emily T. Fairbairn Roth IRA ("Roth IRA"). Emily Fairbairn exercises control over the Roth IRA, and as such, has voting and investment power over the shares held by the Roth IRA. |
Filing footnotes · ownership attribution and instrument terms
F1: Represents a bona fide gift for no consideration to a 501(c)(3) charitable foundation.
F2: The securities are held by Malcom and Emily Fairbairn 2010 CRUT (the "CRUT"). The Reporting Person is a trustee of the CRUT.
F3: The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn's spouse is the sole managing partner of Valley High and has voting and investment power over the shares held by Valley High.
F4: The securities are held by Emily T. Fairbairn Roth IRA ("Roth IRA"). Emily Fairbairn exercises control over the Roth IRA, and as such, has voting and investment power over the shares held by the Roth IRA.
Past disclosures · reporting ended (1)
No longer tracked through insider filings. These historical balances do not imply present ownership or a zero position.
Energous Corp
Report date December 28, 2017 · Filed January 02, 2018
Jointly reported with NINA FAIRBAIRN IRREVOCABLE TRUST SEPTEMBER 30, 2011, Fairbairn Malcolm
Section 16 reporting ended · disclosed 2018-01-02. Current position is not established by this disclosure.
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 0 |
Reported balance
After 2017-12-28 transaction · row 1
Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source rowRow 1 · 2017-12-28 · Other · Disposed 133,333 · Balance 0 F1: On December 28, 2017, the Nina Fairbairn Irrevocable Trust September 30, 2011 (the "Trust") transferred 133,333 shares of common stock of Energous Corporation, a Delaware corporation (the "Issuer"), to a beneficiary of the Trust. After the transfer, the Trust is no longer a 10% owner of the Issuer. |
| Common StockSEC Table I · non-derivative | IndirectSee footnote | 2,066,918 |
Reported balance
After 2017-12-28 transaction · row 2
Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source rowRow 2 · 2017-12-28 · Other · Disposed 133,333 · Balance 2,066,918 F2: Malcolm Fairbairn is a trustee of the Trust. After the above transfer, Malcolm Fairbairn is no longer a 10% owner of the Issuer. |
| Common StockSEC Table I · non-derivative | IndirectSee footnote | 530,462 |
Reported balance
After 2017-12-28 transaction · row 3
Joint disclosure: continuity of the reported position is unresolved; see ownership footnotes.
1 source rowRow 3 · 2017-12-28 · Other · Disposed 133,333 · Balance 530,462 F3: Emily Fairbairn is a trustee of the Trust. After the above transfer, Emily Fairbairn is no longer a 10% owner of the Issuer. |
Filing footnotes · ownership attribution and instrument terms
F1: On December 28, 2017, the Nina Fairbairn Irrevocable Trust September 30, 2011 (the "Trust") transferred 133,333 shares of common stock of Energous Corporation, a Delaware corporation (the "Issuer"), to a beneficiary of the Trust. After the transfer, the Trust is no longer a 10% owner of the Issuer.
F2: Malcolm Fairbairn is a trustee of the Trust. After the above transfer, Malcolm Fairbairn is no longer a 10% owner of the Issuer.
F3: Emily Fairbairn is a trustee of the Trust. After the above transfer, Emily Fairbairn is no longer a 10% owner of the Issuer.
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 03, 2021 Filed Aug 3, 2021 20:51 UTC | IN8BIO, INC. INAB · Entity 7941 | ConversionSeries A Preferred Stock · Derivative | 25,195 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-21-049368 · doc4.xml · derivative · entry 6 FAIRBAIRN EMILY · CIK 0001682638 · Director · 10% owner Transcend Partners Opportunity Fund LLC · CIK 0001832019 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnote Disclosed balance after: 0 Underlying: Common Stock · 27,706 shares Expires not disclosed 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 · derivative.exercise_price: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F1 · derivative.exercise_date: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F1 · derivative.expiration_date: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F3 · ownership.nature: The securities are held by Emily T. Fairbairn Roth IRA ("Roth IRA"). Emily Fairbairn exercises control over the Roth IRA, and as such, has voting and investment power over the shares held by the Roth IRA. Read SEC document |
| August 03, 2021 Filed Aug 3, 2021 20:51 UTC | IN8BIO, INC. INAB · Entity 7941 | ConversionSeries A Preferred Stock · Derivative | 75,588 | $0.00 | $0.00 |
DisclosureSEC source: 0001209191-21-049368 · doc4.xml · derivative · entry 5 FAIRBAIRN EMILY · CIK 0001682638 · Director · 10% owner Transcend Partners Opportunity Fund LLC · CIK 0001832019 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnote Disclosed balance after: 0 Underlying: Common Stock · 83,124 shares Expires not disclosed 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 · derivative.exercise_price: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F1 · derivative.exercise_date: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F1 · derivative.expiration_date: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F2 · ownership.nature: The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn is the sole managing partner of Valley High and has voting and investment power over the shares held by Valley High. Read SEC document |
| August 03, 2021 Filed Aug 3, 2021 20:51 UTC | IN8BIO, INC. INAB · Entity 7941 | PurchaseCommon Stock | 100,000 | $10.00 | $1,000,000.00 |
DisclosureSEC source: 0001209191-21-049368 · doc4.xml · nonDerivative · entry 4 FAIRBAIRN EMILY · CIK 0001682638 · Director · 10% owner Transcend Partners Opportunity Fund LLC · CIK 0001832019 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnote Disclosed balance after: 3,322,485 F4 · ownership.nature: The securities are held by Transcend Partners Opportunity Fund LLC ("Transcend"). Emily Fairbairn is the sole managing member of Transcend and has voting and investment power over the shares held by Transcend. Read SEC document |
| August 03, 2021 Filed Aug 3, 2021 20:51 UTC | IN8BIO, INC. INAB · Entity 7941 | ConversionCommon Stock | 3,222,485 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001209191-21-049368 · doc4.xml · nonDerivative · entry 3 FAIRBAIRN EMILY · CIK 0001682638 · Director · 10% owner Transcend Partners Opportunity Fund LLC · CIK 0001832019 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnote Disclosed balance after: 3,222,485 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 · price: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F4 · ownership.nature: The securities are held by Transcend Partners Opportunity Fund LLC ("Transcend"). Emily Fairbairn is the sole managing member of Transcend and has voting and investment power over the shares held by Transcend. Read SEC document |
| August 03, 2021 Filed Aug 3, 2021 20:51 UTC | IN8BIO, INC. INAB · Entity 7941 | ConversionCommon Stock | 27,706 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001209191-21-049368 · doc4.xml · nonDerivative · entry 2 FAIRBAIRN EMILY · CIK 0001682638 · Director · 10% owner Transcend Partners Opportunity Fund LLC · CIK 0001832019 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnote Disclosed balance after: 27,706 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 · price: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F3 · ownership.nature: The securities are held by Emily T. Fairbairn Roth IRA ("Roth IRA"). Emily Fairbairn exercises control over the Roth IRA, and as such, has voting and investment power over the shares held by the Roth IRA. Read SEC document |
| August 03, 2021 Filed Aug 3, 2021 20:51 UTC | IN8BIO, INC. INAB · Entity 7941 | ConversionCommon Stock | 83,124 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001209191-21-049368 · doc4.xml · nonDerivative · entry 1 FAIRBAIRN EMILY · CIK 0001682638 · Director · 10% owner Transcend Partners Opportunity Fund LLC · CIK 0001832019 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnote Disclosed balance after: 91,336 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 · price: Each share of Series A Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a 1.0997 for 1 basis, had no expiration date and automatically converted into shares of Common Stock upon the closing of the Issuer's initial public offering. F2 · ownership.nature: The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn is the sole managing partner of Valley High and has voting and investment power over the shares held by Valley High. Read SEC document |
| July 29, 2021 Filed Aug 3, 2021 01:27 UTC | IN8BIO, INC. INAB · Entity 7941 | GrantStock Option (right to buy) · Derivative | 21,000 | $0.00 Strike: $10.00 | $0.00 |
DisclosureSEC source: 0001209191-21-049153 · doc4.xml · derivative · entry 1 FAIRBAIRN EMILY · CIK 0001682638 · Director · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 21,000 Underlying: Common Stock · 21,000 shares Expires 2031-07-29 F1 · derivative.exercise_date: One thirty-sixth (1/36th) of the shares subject to the option shall vest in equal monthly installments commencing on August 29, 2021, subject to the Reporting Person continuing to provide service through each such date. Read SEC document |
| March 23, 2021 Filed Mar 25, 2021 20:34 UTC | Corvex, Inc. MOVE · Entity 5811 | PurchaseCommon Stock | 100,000 | $5.00 | $500,000.00 |
DisclosureSEC source: 0001209191-21-023016 · doc4.xml · nonDerivative · entry 1 FAIRBAIRN EMILY · CIK 0001682638 · Director 10b5-1 filing: Not disclosed Ownership: Indirect · By Valley High Limited Partnership Disclosed balance after: 100,000 Read SEC document |
| December 28, 2017 Filed Jan 2, 2018 21:07 UTC | Energous Corp WATT · Entity 7121 | OtherCommon Stock | 133,333 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-18-000309 · a4.xml · nonDerivative · entry 3 NINA FAIRBAIRN IRREVOCABLE TRUST SEPTEMBER 30, 2011 · CIK 0001682542 · Former 10% Owner Fairbairn Malcolm · CIK 0001317314 · Former 10% Owner FAIRBAIRN EMILY · CIK 0001682638 · Former 10% Owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnote Disclosed balance after: 530,462 F3 · kind: Emily Fairbairn is a trustee of the Trust. After the above transfer, Emily Fairbairn is no longer a 10% owner of the Issuer. F3 · price: Emily Fairbairn is a trustee of the Trust. After the above transfer, Emily Fairbairn is no longer a 10% owner of the Issuer. F3 · ownership.nature: Emily Fairbairn is a trustee of the Trust. After the above transfer, Emily Fairbairn is no longer a 10% owner of the Issuer. Read SEC document |
| December 28, 2017 Filed Jan 2, 2018 21:07 UTC | Energous Corp WATT · Entity 7121 | OtherCommon Stock | 133,333 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-18-000309 · a4.xml · nonDerivative · entry 2 NINA FAIRBAIRN IRREVOCABLE TRUST SEPTEMBER 30, 2011 · CIK 0001682542 · Former 10% Owner Fairbairn Malcolm · CIK 0001317314 · Former 10% Owner FAIRBAIRN EMILY · CIK 0001682638 · Former 10% Owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Indirect · See footnote Disclosed balance after: 2,066,918 F2 · kind: Malcolm Fairbairn is a trustee of the Trust. After the above transfer, Malcolm Fairbairn is no longer a 10% owner of the Issuer. F2 · price: Malcolm Fairbairn is a trustee of the Trust. After the above transfer, Malcolm Fairbairn is no longer a 10% owner of the Issuer. F2 · ownership.nature: Malcolm Fairbairn is a trustee of the Trust. After the above transfer, Malcolm Fairbairn is no longer a 10% owner of the Issuer. Read SEC document |
| December 28, 2017 Filed Jan 2, 2018 21:07 UTC | Energous Corp WATT · Entity 7121 | OtherCommon Stock | 133,333 | Not disclosed | Not disclosed |
DisclosureSEC source: 0001104659-18-000309 · a4.xml · nonDerivative · entry 1 NINA FAIRBAIRN IRREVOCABLE TRUST SEPTEMBER 30, 2011 · CIK 0001682542 · Former 10% Owner Fairbairn Malcolm · CIK 0001317314 · Former 10% Owner FAIRBAIRN EMILY · CIK 0001682638 · Former 10% Owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F1 · kind: On December 28, 2017, the Nina Fairbairn Irrevocable Trust September 30, 2011 (the "Trust") transferred 133,333 shares of common stock of Energous Corporation, a Delaware corporation (the "Issuer"), to a beneficiary of the Trust. After the transfer, the Trust is no longer a 10% owner of the Issuer. F1 · price: On December 28, 2017, the Nina Fairbairn Irrevocable Trust September 30, 2011 (the "Trust") transferred 133,333 shares of common stock of Energous Corporation, a Delaware corporation (the "Issuer"), to a beneficiary of the Trust. After the transfer, the Trust is no longer a 10% owner of the Issuer. F1 · ownership.direct: On December 28, 2017, the Nina Fairbairn Irrevocable Trust September 30, 2011 (the "Trust") transferred 133,333 shares of common stock of Energous Corporation, a Delaware corporation (the "Issuer"), to a beneficiary of the Trust. After the transfer, the Trust is no longer a 10% owner of the Issuer. 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.