Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| HOULIHAN LOKEY, INC.HLI · Entity 3553 | Director · CO-CHAIRMAN · 10% owner | May 21, 2026 | May 21, 2026 |
| Palomar Holdings, Inc.PLMR · Entity 4132 | Director | May 21, 2026 | May 26, 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.
HOULIHAN LOKEY, INC.
Report date May 21, 2026 · Filed May 21, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| CLASS A COMMON STOCKSEC Table I · non-derivative | Direct | 0 |
Ending reported balance
After 2026-05-21 transaction · row 2
2 source rows · reconciled sequenceRow 1 · 2026-05-21 · Conversion · Acquired 6,265 · Balance 6,265 F1: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer, and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering). The Class B Common Stock has no expiration date. Row 2 · 2026-05-21 · Sale · Disposed 6,265 · Balance 0 F2: Per share price reflects the weighted average price in a series of open market sales on May 21, 2026 at prices ranging from $149.83 per share to $150.89 per share. The reporting person undertakes to provide to Houlihan Lokey, Inc., and security holder of Houlihan Lokey, Inc., 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 range identified in this footnote. |
| CLASS B COMMON STOCKSEC Table II · derivative / convertible security | Direct | 0 |
Reported balance
After 2026-05-21 transaction · row 3
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 3 · 2026-05-21 · Conversion · Disposed 6,265 · Balance 0 F1: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer, and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering). The Class B Common Stock has no expiration date. |
| CLASS B COMMON STOCKSEC Table II · derivative / convertible security | IndirectBY HL VOTING TRUST | 787,651 |
Reported balance
Holding disclosure · report date 2026-05-21 · row 4
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 4 · Balance 787,651 F1: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer, and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering). The Class B Common Stock has no expiration date. F3: The reporting person is a trustee of the HL Voting Trust (the "Voting Trust"). The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein. |
Filing footnotes · ownership attribution and instrument terms
F1: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer, and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering). The Class B Common Stock has no expiration date.
F2: Per share price reflects the weighted average price in a series of open market sales on May 21, 2026 at prices ranging from $149.83 per share to $150.89 per share. The reporting person undertakes to provide to Houlihan Lokey, Inc., and security holder of Houlihan Lokey, Inc., 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 range identified in this footnote.
F3: The reporting person is a trustee of the HL Voting Trust (the "Voting Trust"). The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein.
Palomar Holdings, Inc.
Report date May 21, 2026 · Filed May 26, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 2,173 |
Ending reported balance
After 2026-05-21 transaction · row 3
2 source rows · reconciled sequenceRow 2 · 2026-05-21 · Grant · Acquired 869 · Balance 869 F1: The amount reported reflects Restricted Stock Units (RSUs) granted to the Reporting Person pursuant to Issuer's 2019 Equity Incentive Plan. Subject to the Reporting Person's continued service, the RSUs shall vest in full upon the earlier to occur of (1) the first anniversary of the Grant Date or (2) the next annual meeting of stockholders of the Company. F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. Row 3 · 2026-05-21 · Grant · Acquired 1,304 · Balance 2,173 F1: The amount reported reflects Restricted Stock Units (RSUs) granted to the Reporting Person pursuant to Issuer's 2019 Equity Incentive Plan. Subject to the Reporting Person's continued service, the RSUs shall vest in full upon the earlier to occur of (1) the first anniversary of the Grant Date or (2) the next annual meeting of stockholders of the Company. F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. |
| Common StockSEC Table I · non-derivative | IndirectBy The Beiser Family Trust of 1997 | 6,500 |
Reported balance
Holding disclosure · report date 2026-05-21 · row 1
Holding and transaction disclosures are not merged.
1 source rowRow 1 · Balance 6,500 |
Filing footnotes · ownership attribution and instrument terms
F1: The amount reported reflects Restricted Stock Units (RSUs) granted to the Reporting Person pursuant to Issuer's 2019 Equity Incentive Plan. Subject to the Reporting Person's continued service, the RSUs shall vest in full upon the earlier to occur of (1) the first anniversary of the Grant Date or (2) the next annual meeting of stockholders of the Company.
F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
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 |
|---|---|---|---|---|---|---|
| May 15, 2019 Filed May 18, 2019 01:05 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | Tax withholdingCLASS B COMMON STOCK · Derivative | 8,517 | $47.22 | $402,172.74 |
DisclosureSEC source: 0001302215-19-000038 · wf-form4_155814151542025.xml · derivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,376 Underlying: CLASS A COMMON STOCK · 8,517 shares Expires not disclosed F1 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F3 · shares: Represents shares withheld to cover taxes upon the vesting of existing awards under the Issuer's 2016 Incentive Award Plan. F1 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F1 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. Read SEC document |
| May 15, 2019 Filed May 18, 2019 01:05 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | GrantCLASS B COMMON STOCK · Derivative | 18,893 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-19-000038 · wf-form4_155814151542025.xml · derivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 18,893 Underlying: CLASS A COMMON STOCK · 18,893 shares Expires not disclosed F1 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F2 · shares: On May 15, 2019, the Issuer granted 18,893 shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date. F1 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F1 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. Read SEC document |
| April 30, 2019 Filed May 2, 2019 21:07 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | Tax withholdingCLASS B COMMON STOCK · Derivative | 3,138 | $49.32 | $154,766.16 |
DisclosureSEC source: 0001302215-19-000016 · wf-form4_155683121803413.xml · derivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · BY HL VOTING TRUST Disclosed balance after: 1,000,017 Underlying: CLASS A COMMON STOCK · 3,138 shares Expires not disclosed F1 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F1 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F1 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F2 · ownership.direct: The reporting person is a trustee of the HL Voting Trust (the "Voting Trust"). The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein. Read SEC document |
| June 11, 2018 Filed Jun 13, 2018 20:16 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS B COMMON STOCK · Derivative | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-18-000018 · wf-form4_152892098784239.xml · derivative · entry 3 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: CLASS A COMMON STOCK · 15,000 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: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F1 · derivative.exercise_date: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F1 · derivative.expiration_date: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| June 11, 2018 Filed Jun 13, 2018 20:16 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | GiftCLASS A COMMON STOCK | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-18-000018 · wf-form4_152892098784239.xml · nonDerivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F2 · shares: On June 11, 2018, the reporting person made a charitable donation of 15,000 shares of Class B Common Stock. No value was received for the donated shares. Read SEC document |
| June 11, 2018 Filed Jun 13, 2018 20:16 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS A COMMON STOCK | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-18-000018 · wf-form4_152892098784239.xml · nonDerivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 15,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| May 15, 2018 Filed May 22, 2018 01:42 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | OtherCLASS B COMMON STOCK · Derivative | 12,945 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-18-000010 · wf-form4_152695329001817.xml · derivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · BY HL VOTING TRUST Disclosed balance after: 1,018,155 Underlying: CLASS A COMMON STOCK · 12,945 shares Expires not disclosed F1 · derivative.exercise_price: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F3 · shares: Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust. F4 · shares: The reporting person is a trustee of the HL Voting Trust (the "Voting Trust"). The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein. F1 · derivative.exercise_date: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F1 · derivative.expiration_date: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F3 · ownership.direct: Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust. F4 · ownership.direct: The reporting person is a trustee of the HL Voting Trust (the "Voting Trust"). The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein. Read SEC document |
| May 15, 2018 Filed May 22, 2018 01:42 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | GrantCLASS B COMMON STOCK · Derivative | 12,945 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-18-000010 · wf-form4_152695329001817.xml · derivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,945 Underlying: CLASS A COMMON STOCK · 12,945 shares Expires not disclosed F1 · derivative.exercise_price: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F2 · shares: On May 15, 2018, the Issuer granted 12,945 vested shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which are subject to contractual restrictions on transfer which expire in four equal annual installments following the grant date. F1 · derivative.exercise_date: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F1 · derivative.expiration_date: Class B common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| March 15, 2018 Filed Mar 19, 2018 20:44 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS B COMMON STOCK · Derivative | 14,434 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-18-007962 · doc4.xml · derivative · entry 3 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: CLASS A COMMON STOCK · 14,434 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. F3 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F3 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F3 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| March 15, 2018 Filed Mar 19, 2018 20:44 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | SaleCLASS A COMMON STOCK | 14,434 | $46.75 | $674,789.50 |
DisclosureSEC source: 0000899243-18-007962 · doc4.xml · nonDerivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F2 · price: Per share price reflects the public offering price of $47.25 per share less the underwriters' discount. Read SEC document |
| March 15, 2018 Filed Mar 19, 2018 20:44 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS A COMMON STOCK | 14,434 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-18-007962 · doc4.xml · nonDerivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,434 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents Class A Common Stock received upon conversion of Class B Common Stock. Read SEC document |
| November 03, 2017 Filed Nov 8, 2017 00:06 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS B COMMON STOCK · Derivative | 4,550 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-17-025551 · doc4.xml · derivative · entry 3 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: CLASS A COMMON STOCK · 4,550 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. F3 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F3 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F3 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| November 03, 2017 Filed Nov 8, 2017 00:06 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | SaleCLASS A COMMON STOCK | 4,550 | $41.63 | $189,393.75 |
DisclosureSEC source: 0000899243-17-025551 · doc4.xml · nonDerivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F2 · price: Per share price reflects the public offering price of $42.00 per share less the underwriters' discount. Read SEC document |
| November 03, 2017 Filed Nov 8, 2017 00:06 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS A COMMON STOCK | 4,550 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-17-025551 · doc4.xml · nonDerivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 4,550 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents Class A Common Stock received upon conversion of Class B Common Stock. Read SEC document |
| October 30, 2017 Filed Nov 1, 2017 23:59 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS B COMMON STOCK · Derivative | 78,108 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-17-025161 · doc4.xml · derivative · entry 4 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: CLASS A COMMON STOCK · 78,108 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. F3 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F3 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F3 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| October 30, 2017 Filed Nov 1, 2017 23:59 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | SaleCLASS A COMMON STOCK | 63,688 | $41.63 | $2,651,013.00 |
DisclosureSEC source: 0000899243-17-025161 · doc4.xml · nonDerivative · entry 3 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F2 · price: Per share price reflects the public offering price of $42.00 per share less the underwriters' discount. Read SEC document |
| October 30, 2017 Filed Nov 1, 2017 23:59 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | Tax withholdingCLASS A COMMON STOCK | 14,420 | $41.28 | $595,257.60 |
DisclosureSEC source: 0000899243-17-025161 · doc4.xml · nonDerivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 63,688 Read SEC document |
| October 30, 2017 Filed Nov 1, 2017 23:59 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS A COMMON STOCK | 78,108 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-17-025161 · doc4.xml · nonDerivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 78,108 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents Class A Common Stock received upon conversion of Class B Common Stock. Read SEC document |
| August 24, 2017 Filed Aug 28, 2017 16:30 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS B COMMON STOCK · Derivative | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-17-000046 · wf-form4_150393780349136.xml · derivative · entry 3 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: CLASS A COMMON STOCK · 15,000 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: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F1 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F1 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| August 24, 2017 Filed Aug 28, 2017 16:30 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | GiftCLASS A COMMON STOCK | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-17-000046 · wf-form4_150393780349136.xml · nonDerivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F2 · shares: On August 24, 2017, the reporting person made a charitable donation of 15,000 shares of Class B Common Stock. No value was received for the donated shares. Read SEC document |
| August 24, 2017 Filed Aug 28, 2017 16:30 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS A COMMON STOCK | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-17-000046 · wf-form4_150393780349136.xml · nonDerivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 15,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Date (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| May 15, 2017 Filed May 17, 2017 21:52 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | OtherCLASS B COMMON STOCK · Derivative | 23,454 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-17-000025 · wf-form4_149505796487879.xml · derivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Indirect · BY HL VOTING TRUST Disclosed balance after: 1,117,302 Underlying: CLASS A COMMON STOCK · 23,454 shares Expires not disclosed F1 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F3 · shares: Represents shares of Class B Common Stock deposited into the HL Voting Trust (the "Voting Trust"). The reporting person retains investment control and dispositive power over the shares deposited into the Voting Trust. F4 · shares: The reporting person is a trustee of the Voting Trust. The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein. F2 · derivative.exercise_date: On May 15, 2017, the Issuer granted 23,454 restricted shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date. F1 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F4 · balance_after: The reporting person is a trustee of the Voting Trust. The trustees of the Voting Trust have shared voting control over the shares deposited into the Voting Trust. The reporting person has a pecuniary interest in and investment control over the shares reported herein. Read SEC document |
| May 15, 2017 Filed May 17, 2017 21:52 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | GrantCLASS B COMMON STOCK · Derivative | 23,454 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-17-000025 · wf-form4_149505796487879.xml · derivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 23,454 Underlying: CLASS A COMMON STOCK · 23,454 shares Expires not disclosed F1 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F2 · shares: On May 15, 2017, the Issuer granted 23,454 restricted shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date. F2 · derivative.exercise_date: On May 15, 2017, the Issuer granted 23,454 restricted shares of Class B Common Stock to the reporting person pursuant to its 2016 Incentive Award Plan, which vest in four equal annual installments following the grant date. F1 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. Read SEC document |
| March 15, 2017 Filed Mar 17, 2017 17:02 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionClass B Common Stock · Derivative | 11,029 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-17-007916 · doc4.xml · derivative · entry 3 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Class A Common Stock · 11,029 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. F2 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F2 · shares: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F2 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F2 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| March 15, 2017 Filed Mar 17, 2017 17:02 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | SaleClass A Common Stock | 11,029 | $29.05 | $320,392.45 |
DisclosureSEC source: 0000899243-17-007916 · doc4.xml · nonDerivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Read SEC document |
| March 15, 2017 Filed Mar 17, 2017 17:02 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionClass A Common Stock | 11,029 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-17-007916 · doc4.xml · nonDerivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 11,029 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents Class A Common Stock received upon conversion of Class B Common Stock. Read SEC document |
| February 14, 2017 Filed Feb 17, 2017 01:34 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionClass B Common Stock · Derivative | 82,195 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-17-004399 · doc4.xml · derivative · entry 4 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Class A Common Stock · 82,195 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. F2 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F2 · shares: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F2 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. F2 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610)) concerning the Issuer's initial public offering. The Class B Common Stock has no expiration date. Read SEC document |
| February 14, 2017 Filed Feb 17, 2017 01:34 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | SaleClass A Common Stock | 73,535 | $29.25 | $2,150,898.75 |
DisclosureSEC source: 0000899243-17-004399 · doc4.xml · nonDerivative · entry 3 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Read SEC document |
| February 14, 2017 Filed Feb 17, 2017 01:34 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | Tax withholdingClass A Common Stock | 8,660 | $32.30 | $279,718.00 |
DisclosureSEC source: 0000899243-17-004399 · doc4.xml · nonDerivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 73,535 Read SEC document |
| February 14, 2017 Filed Feb 17, 2017 01:34 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionClass A Common Stock | 82,195 | $0.00 | $0.00 |
DisclosureSEC source: 0000899243-17-004399 · doc4.xml · nonDerivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 82,195 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Represents Class A Common Stock received upon conversion of Class B Common Stock. Read SEC document |
| November 18, 2016 Filed Nov 21, 2016 22:12 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS B COMMON STOCK · Derivative | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-16-000089 · wf-form4_147976635580964.xml · derivative · entry 3 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: CLASS A COMMON STOCK · 15,000 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: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F1 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. F1 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. Read SEC document |
| November 18, 2016 Filed Nov 21, 2016 22:12 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | GiftCLASS A COMMON STOCK | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-16-000089 · wf-form4_147976635580964.xml · nonDerivative · entry 2 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F2 · shares: On November 18, 2016, the reporting person made a charitable donation of 4,000 shares of Class B Common Stock. No value was received for the donated shares. Read SEC document |
| November 18, 2016 Filed Nov 21, 2016 22:12 UTC | HOULIHAN LOKEY, INC. HLI · Entity 3553 | ConversionCLASS A COMMON STOCK | 15,000 | $0.00 | $0.00 |
DisclosureSEC source: 0001302215-16-000089 · wf-form4_147976635580964.xml · nonDerivative · entry 1 BEISER SCOTT L · CIK 0001649212 · Director · CHIEF EXECUTIVE OFFICER · 10% owner 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 15,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · shares: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at the option of the holder, upon any transfer and automatically upon the Final Conversion Dates (as defined in the Issuer's Registration Statement on Form S-1, as amended (No. 333-205610) concerning the Issuer's initial public offering (the "Offering"). The Class B Common Stock has no expiration date. 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.