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Wider Todd

Disclosed activity across 7 companies

Tapewire entity
33973
SEC CIK
0001642715

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
ABEONA THERAPEUTICS INC.ABEO · Entity 5808DirectorSeptember 26, 2022September 28, 2022
ARYA Sciences Acquisition Corp VARYE · Entity 137308DirectorJuly 12, 2021July 12, 2021
ASP Isotopes Inc.ASPI · Entity 5371DirectorJune 29, 2026July 02, 2026
Cerevel Therapeutics Holdings, Inc.ARYB · Entity 15182DirectorJune 04, 2020June 04, 2020
Nautilus Biotechnology, Inc.ARYA · Entity 6679DirectorAugust 06, 2020August 07, 2020

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.

ABEONA THERAPEUTICS INC.

Report date September 26, 2022 · Filed September 28, 2022

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect16,907 Reported balance After 2022-09-26 transaction · row 1 Account or security details depend on footnotes; rows are not merged.
1 source row

Row 1 · 2022-09-26 · Grant · Acquired 13,400 · Balance 16,907

F1: All of the restricted stock will vest on September 26, 2023.

F2: On July 1, 2022, the issuer effectuated a 1-for-25 reverse stock split.

Filing footnotes · ownership attribution and instrument terms

F1: All of the restricted stock will vest on September 26, 2023.

F2: On July 1, 2022, the issuer effectuated a 1-for-25 reverse stock split.

ARYA Sciences Acquisition Corp V

Report date July 12, 2021 · Filed July 12, 2021

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class B ordinary sharesSEC Table II · derivative / convertible securityDirectNot disclosed Reported balance Holding disclosure · report date 2021-07-12 · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · Balance Not disclosed

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-257335) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Filing footnotes · ownership attribution and instrument terms

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-257335) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

ASP Isotopes Inc.

Report date June 29, 2026 · Filed July 02, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect672,247 Ending reported balance After 2026-06-30 transaction · row 2
2 source rows · reconciled sequence

Row 1 · 2026-06-29 · Sale · Disposed 50,000 · Balance 722,247

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.21 to $6.31, inclusive. The reporting person undertakes to provide ASP Isotopes Inc. (the "Company"), any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Row 2 · 2026-06-30 · Sale · Disposed 50,000 · Balance 672,247

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.10 to $6.25, inclusive. The reporting person undertakes to provide the Company, any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Filing footnotes · ownership attribution and instrument terms

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.21 to $6.31, inclusive. The reporting person undertakes to provide ASP Isotopes Inc. (the "Company"), any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.10 to $6.25, inclusive. The reporting person undertakes to provide the Company, any stockholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Cerevel Therapeutics Holdings, Inc.

Report date June 04, 2020 · Filed June 04, 2020

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class B ordinary sharesSEC Table II · derivative / convertible securityDirectNot disclosed Reported balance Holding disclosure · report date 2020-06-04 · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · Balance Not disclosed

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-238488) under the heading "Description of Securities--Founder Shares", the shares of Class B ordinary shares, par value $0.0001 per share, will automatically convert into shares of Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Filing footnotes · ownership attribution and instrument terms

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-238488) under the heading "Description of Securities--Founder Shares", the shares of Class B ordinary shares, par value $0.0001 per share, will automatically convert into shares of Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Nautilus Biotechnology, Inc.

Report date August 06, 2020 · Filed August 07, 2020

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class B ordinary sharesSEC Table II · derivative / convertible securityDirectNot disclosed Reported balance Holding disclosure · report date 2020-08-06 · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · Balance Not disclosed

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-239986) under the heading "Description of Securities--Founder Shares", the shares of Class B ordinary shares, par value $0.0001 per share, will automatically convert into shares of Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Filing footnotes · ownership attribution and instrument terms

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-239986) under the heading "Description of Securities--Founder Shares", the shares of Class B ordinary shares, par value $0.0001 per share, will automatically convert into shares of Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

Past disclosures · reporting ended (2)

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

ARYA SCIENCES ACQUISITION CORP.

Report date July 01, 2020 · Filed July 07, 2020

Section 16 reporting ended · disclosed 2020-07-07. Current position is not established by this disclosure.

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class B Ordinary SharesSEC Table II · derivative / convertible securityDirect0 Reported balance After 2020-07-01 transaction · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · 2020-07-01 · Disposition to issuer · Disposed 30,000 · Balance 0

F1: In connection with the merger of ARYA Sciences Acquisition Corp. (the "Issuer") with and into a subsidiary of Immatics N.V. ("IMTX"), and a series of related transactions (collectively, the "Business Combination"), the Class B Ordinary Shares, par value $0.0001 per share, of the Issuer held by the Reporting Person were exchanged for Ordinary Shares, nominal value EURO0.01 per share, of IMTX. Upon consummation of the Business Combination the Reporting Person is no longer subject to the reporting requirements of Section 16 with respect to the Issuer's securities.

Filing footnotes · ownership attribution and instrument terms

F1: In connection with the merger of ARYA Sciences Acquisition Corp. (the "Issuer") with and into a subsidiary of Immatics N.V. ("IMTX"), and a series of related transactions (collectively, the "Business Combination"), the Class B Ordinary Shares, par value $0.0001 per share, of the Issuer held by the Reporting Person were exchanged for Ordinary Shares, nominal value EURO0.01 per share, of IMTX. Upon consummation of the Business Combination the Reporting Person is no longer subject to the reporting requirements of Section 16 with respect to the Issuer's securities.

ARYA Sciences Acquisition Corp IV

Report date July 31, 2024 · Filed August 01, 2024

Section 16 reporting ended · disclosed 2024-08-01. Current position is not established by this disclosure.

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Class B ordinary sharesSEC Table II · derivative / convertible securityDirect0 Reported balance After 2024-07-31 transaction · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · 2024-07-31 · Disposition to issuer · Disposed 30,000 · Balance 0

F1: In connection with the Business Combination Agreement, dated February 13, 2024, by and among the Issuer, Adagio Medical Holdings, Inc. (f/k/a Aja HoldCo, Inc.) ("HoldCo"), Aja Merger Sub 1 ("Merger Sub 1"), Aja Merger Sub 2, Inc. ("Merger Sub 2") and Adagio Medical, Inc. ("Adagio") (the transactions contemplated thereby, the "Business Combination"), Merger Sub merged with and into the Issuer and Merger Sub 2 merged with and into Adagio, with each of the Issuer and Adagio becoming a wholly owned subsidiary of HoldCo, and the Reporting Person's ordinary shares of the Issuer were automatically converted into shares of common stock of HoldCo, par value $0.0001 per share, on a one-for-one basis.

Filing footnotes · ownership attribution and instrument terms

F1: In connection with the Business Combination Agreement, dated February 13, 2024, by and among the Issuer, Adagio Medical Holdings, Inc. (f/k/a Aja HoldCo, Inc.) ("HoldCo"), Aja Merger Sub 1 ("Merger Sub 1"), Aja Merger Sub 2, Inc. ("Merger Sub 2") and Adagio Medical, Inc. ("Adagio") (the transactions contemplated thereby, the "Business Combination"), Merger Sub merged with and into the Issuer and Merger Sub 2 merged with and into Adagio, with each of the Issuer and Adagio becoming a wholly owned subsidiary of HoldCo, and the Reporting Person's ordinary shares of the Issuer were automatically converted into shares of common stock of HoldCo, par value $0.0001 per share, on a one-for-one basis.

Transaction history

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

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

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
November 20, 2020 Filed Nov 20, 2020 23:00 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantStock Option (right to buy) · Derivative 50,000 Not disclosed Strike: $1.28 Not disclosed
Disclosure

SEC source: 0001493152-20-022153 · ownership.xml · derivative · entry 5

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Common Stock · 50,000 shares

Expires 2028-03-29

F2 · price: The options granted on May 20, 2020, May 21, 2019, March 29, 2018, December 14, 2017, December 13, 2016, February 11, 2016 and May 11, 2015 have each been modified to reflect a lower exercise price.

F4 · derivative.exercise_date: The options vested 100% on September 29, 2018.

Read SEC document
November 20, 2020 Filed Nov 20, 2020 23:00 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 Disposition to issuerStock Option (right to buy) · Derivative 19,827 Not disclosed Strike: $7.42 Not disclosed
Disclosure

SEC source: 0001493152-20-022153 · ownership.xml · derivative · entry 4

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 19,827 shares

Expires 2029-05-21

F2 · price: The options granted on May 20, 2020, May 21, 2019, March 29, 2018, December 14, 2017, December 13, 2016, February 11, 2016 and May 11, 2015 have each been modified to reflect a lower exercise price.

F3 · derivative.exercise_date: The options vested 100% on November 21, 2019.

Read SEC document
November 20, 2020 Filed Nov 20, 2020 23:00 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantStock Option (right to buy) · Derivative 19,827 Not disclosed Strike: $1.28 Not disclosed
Disclosure

SEC source: 0001493152-20-022153 · ownership.xml · derivative · entry 3

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,827

Underlying: Common Stock · 19,827 shares

Expires 2029-05-21

F2 · price: The options granted on May 20, 2020, May 21, 2019, March 29, 2018, December 14, 2017, December 13, 2016, February 11, 2016 and May 11, 2015 have each been modified to reflect a lower exercise price.

F3 · derivative.exercise_date: The options vested 100% on November 21, 2019.

Read SEC document
November 20, 2020 Filed Nov 20, 2020 23:00 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 Disposition to issuerStock Option (right to buy) · Derivative 21,518 Not disclosed Strike: $3.20 Not disclosed
Disclosure

SEC source: 0001493152-20-022153 · ownership.xml · derivative · entry 2

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 21,518 shares

Expires 2030-05-20

F2 · price: The options granted on May 20, 2020, May 21, 2019, March 29, 2018, December 14, 2017, December 13, 2016, February 11, 2016 and May 11, 2015 have each been modified to reflect a lower exercise price.

F1 · derivative.exercise_date: The options vest 100% on November 20, 2020.

Read SEC document
November 20, 2020 Filed Nov 20, 2020 23:00 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantStock Option (right to buy) · Derivative 21,518 Not disclosed Strike: $1.28 Not disclosed
Disclosure

SEC source: 0001493152-20-022153 · ownership.xml · derivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,518

Underlying: Common Stock · 21,518 shares

Expires 2030-05-20

F2 · price: The options granted on May 20, 2020, May 21, 2019, March 29, 2018, December 14, 2017, December 13, 2016, February 11, 2016 and May 11, 2015 have each been modified to reflect a lower exercise price.

F1 · derivative.exercise_date: The options vest 100% on November 20, 2020.

Read SEC document
November 02, 2020 Filed Nov 6, 2020 21:55 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 SaleCommon Stock 33,876 $1.04 $35,105.70
Disclosure

SEC source: 0001493152-20-020709 · ownership.xml · nonDerivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 972,101

F1 · kind: The sales reported in this Form 4 were to cover tax obligations associated with vested restricted stock awards and were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 19, 2020.

F2 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.03 to $1.05, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the Staff of the SEC, upon request, full information regarding the number of shares disposed at each separate price within the ranges set forth in this footnote.

Read SEC document
October 08, 2020 Filed Oct 13, 2020 22:28 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantCommon Stock 813,008 $0.00 $0.00
Disclosure

SEC source: 0001493152-20-019385 · ownership.xml · nonDerivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,005,977

F1 · shares: The restricted stock will vest in 12 equal monthly installments beginning on October 31, 2020.

Read SEC document
July 01, 2020 Filed Jul 7, 2020 01:57 UTC ARYA SCIENCES ACQUISITION CORP. ARYA · Entity 147975 Disposition to issuerClass B Ordinary Shares · Derivative 30,000 Not disclosed Not disclosed
Disclosure

SEC source: 0000950123-20-006744 · doc4.xml · derivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Ordinary Shares · 30,000 shares

Expires not disclosed

F1 · derivative.exercise_price: In connection with the merger of ARYA Sciences Acquisition Corp. (the "Issuer") with and into a subsidiary of Immatics N.V. ("IMTX"), and a series of related transactions (collectively, the "Business Combination"), the Class B Ordinary Shares, par value $0.0001 per share, of the Issuer held by the Reporting Person were exchanged for Ordinary Shares, nominal value EURO0.01 per share, of IMTX. Upon consummation of the Business Combination the Reporting Person is no longer subject to the reporting requirements of Section 16 with respect to the Issuer's securities.

F1 · price: In connection with the merger of ARYA Sciences Acquisition Corp. (the "Issuer") with and into a subsidiary of Immatics N.V. ("IMTX"), and a series of related transactions (collectively, the "Business Combination"), the Class B Ordinary Shares, par value $0.0001 per share, of the Issuer held by the Reporting Person were exchanged for Ordinary Shares, nominal value EURO0.01 per share, of IMTX. Upon consummation of the Business Combination the Reporting Person is no longer subject to the reporting requirements of Section 16 with respect to the Issuer's securities.

F1 · derivative.exercise_date: In connection with the merger of ARYA Sciences Acquisition Corp. (the "Issuer") with and into a subsidiary of Immatics N.V. ("IMTX"), and a series of related transactions (collectively, the "Business Combination"), the Class B Ordinary Shares, par value $0.0001 per share, of the Issuer held by the Reporting Person were exchanged for Ordinary Shares, nominal value EURO0.01 per share, of IMTX. Upon consummation of the Business Combination the Reporting Person is no longer subject to the reporting requirements of Section 16 with respect to the Issuer's securities.

F1 · derivative.expiration_date: In connection with the merger of ARYA Sciences Acquisition Corp. (the "Issuer") with and into a subsidiary of Immatics N.V. ("IMTX"), and a series of related transactions (collectively, the "Business Combination"), the Class B Ordinary Shares, par value $0.0001 per share, of the Issuer held by the Reporting Person were exchanged for Ordinary Shares, nominal value EURO0.01 per share, of IMTX. Upon consummation of the Business Combination the Reporting Person is no longer subject to the reporting requirements of Section 16 with respect to the Issuer's securities.

Read SEC document
May 20, 2020 Filed May 22, 2020 22:20 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantStock Option (right to buy) · Derivative 21,518 $0.00 Strike: $3.20 $0.00
Disclosure

SEC source: 0001493152-20-009768 · ownership.xml · derivative · entry 2

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,518

Underlying: Common Stock · 21,518 shares

Expires 2030-05-20

F2 · derivative.exercise_date: All of the stock options will vest on November 20, 2020.

Read SEC document
May 20, 2020 Filed May 22, 2020 22:20 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantCommon Stock 17,969 $0.00 $0.00
Disclosure

SEC source: 0001493152-20-009768 · ownership.xml · nonDerivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 192,969

F1 · shares: All of the restricted stock will vest on November 20, 2020.

Read SEC document
May 21, 2019 Filed May 23, 2019 22:25 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantStock Option (right to buy) · Derivative 19,827 $0.00 Strike: $7.42 $0.00
Disclosure

SEC source: 0001144204-19-028027 · tv522353_4.xml · derivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,827

Underlying: Common stock · 19,827 shares

Expires 2029-05-21

Read SEC document
December 14, 2017 Filed Dec 18, 2017 22:04 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantStock option (right to buy) · Derivative 30,000 $0.00 Strike: $16.00 $0.00
Disclosure

SEC source: 0000318306-17-000004 · primary_doc.xml · derivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Common stock · 30,000 shares

Expires 2027-12-14

F1 · shares: 100% accelerated vesting on change of control.

Read SEC document
December 13, 2016 Filed Dec 16, 2016 01:18 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantStock option (right to buy) · Derivative 50,000 $0.00 Strike: $4.45 $0.00
Disclosure

SEC source: 0000318306-16-000054 · primary_doc.xml · derivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Common stock · 50,000 shares

Expires 2026-12-13

F1 · shares: 100% accelerated vesting on change of control.

Read SEC document
November 07, 2016 Filed Nov 9, 2016 22:03 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 GrantCommon stock 100,000 $0.00 $0.00
Disclosure

SEC source: 0000318306-16-000049 · primary_doc.xml · nonDerivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,000

F1 · shares: all 100,000 restricted common shares will vest on 1/1/18.

Read SEC document
September 20, 2016 Filed Sep 28, 2016 12:34 UTC ABEONA THERAPEUTICS INC. ABEO · Entity 5808 PurchaseCommon stock 5,000 $5.48 $27,400.00
Disclosure

SEC source: 0000318306-16-000047 · primary_doc.xml · nonDerivative · entry 1

Wider Todd · CIK 0001642715 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 75,000

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.