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Bene Thomas

Disclosed activity across 2 companies

Tapewire entity
46660
SEC CIK
0001573968

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
SYSCO CORPSYY · Entity 2003Chairman, President & CEODecember 20, 2019December 23, 2019
WASTE MANAGEMENT INCWM · Entity 2932DirectorMay 15, 2026May 18, 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.

SYSCO CORP

Report date December 20, 2019 · Filed December 23, 2019

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect93,545.37 Ending reported balance After 2019-12-20 transaction · row 2
2 source rows · reconciled sequence

Row 1 · 2019-12-20 · Exercise / conversion · Acquired 39,384 · Balance 132,929.37

F1: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

Row 2 · 2019-12-20 · Sale · Disposed 39,384 · Balance 93,545.37

F1: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

Stock Options (Right to buy)SEC Table II · derivative / convertible security · Conversion / exercise price $33.40 · Expires 2023-11-14Direct54,353 Reported balance After 2019-12-20 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2019-12-20 · Exercise / conversion · Acquired 39,384 · Balance 54,353

F1: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

F3: Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2013 Long Term Inventive Plan, as amended.

F2: Options are fully exercisable.

Filing footnotes · ownership attribution and instrument terms

F1: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

F2: Options are fully exercisable.

F3: Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2013 Long Term Inventive Plan, as amended.

WASTE MANAGEMENT INC

Report date May 15, 2026 · Filed May 18, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeIndirectThomas L Bene and Susannah Harkins Bene Revocable Trust2,987 Reported balance After 2026-05-15 transaction · row 1 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 1 · 2026-05-15 · Grant · Acquired 861 · Balance 2,987

F1: Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.

Filing footnotes · ownership attribution and instrument terms

F1: Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.

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
May 15, 2026 Filed May 18, 2026 19:03 UTC WASTE MANAGEMENT INC WM · Entity 2932 GrantCommon Stock 861 $220.71 $190,031.31
Disclosure

SEC source: 0001225208-26-005436 · doc4.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · Thomas L Bene and Susannah Harkins Bene Revocable Trust

Disclosed balance after: 2,987

F1 · security: Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.

Read SEC document
July 15, 2025 Filed Jul 16, 2025 17:03 UTC WASTE MANAGEMENT INC WM · Entity 2932 GrantCommon Stock 696 $227.45 $158,301.72
Disclosure

SEC source: 0001225208-25-006675 · doc4.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · Thomas L Bene and Susannah Harkins Bene Revocable Trust

Disclosed balance after: 2,126

F1 · security: Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.

Read SEC document
January 15, 2025 Filed Jan 16, 2025 17:55 UTC WASTE MANAGEMENT INC WM · Entity 2932 GrantCommon Stock 433 $207.78 $89,966.58
Disclosure

SEC source: 0001225208-25-000673 · doc4.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · Thomas L Bene and Susannah Harkins Bene Revocable Trust

Disclosed balance after: 1,430

F1 · security: Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.

Read SEC document
July 15, 2024 Filed Jul 16, 2024 18:37 UTC WASTE MANAGEMENT INC WM · Entity 2932 GrantCommon Stock 418 $215.07 $89,897.17
Disclosure

SEC source: 0001225208-24-007448 · doc4.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · Thomas L Bene and Susannah Harkins Bene Revocable Trust

Disclosed balance after: 997

F1 · security: Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.

Read SEC document
March 01, 2024 Filed Mar 4, 2024 20:47 UTC WASTE MANAGEMENT INC WM · Entity 2932 GrantCommon Stock 331 $204.76 $67,775.06
Disclosure

SEC source: 0001225208-24-003447 · doc4.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · Thomas L Bene and Susannah Harkins Bene Revocable Trust

Disclosed balance after: 579

F1 · security: Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.

Read SEC document
December 20, 2019 Filed Dec 23, 2019 22:08 UTC SYSCO CORP SYY · Entity 2003 Exercise / conversionStock Options (Right to buy) · Derivative 39,384 $0.00 Strike: $33.40 $0.00
Disclosure

SEC source: 0000096021-19-000165 · wf-form4_157713887031970.xml · derivative · entry 3

Bene Thomas · CIK 0001573968 · Chairman, President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,353

Underlying: Common Stock · 39,384 shares

Expires 2023-11-14

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 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

F3 · price: Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2013 Long Term Inventive Plan, as amended.

F2 · derivative.exercise_date: Options are fully exercisable.

Read SEC document
December 20, 2019 Filed Dec 23, 2019 22:08 UTC SYSCO CORP SYY · Entity 2003 SaleCommon Stock 39,384 $85.00 $3,347,640.00
Disclosure

SEC source: 0000096021-19-000165 · wf-form4_157713887031970.xml · nonDerivative · entry 2

Bene Thomas · CIK 0001573968 · Chairman, President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,545.37

F1 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

Read SEC document
December 20, 2019 Filed Dec 23, 2019 22:08 UTC SYSCO CORP SYY · Entity 2003 Exercise / conversionCommon Stock 39,384 $33.40 $1,315,425.60
Disclosure

SEC source: 0000096021-19-000165 · wf-form4_157713887031970.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Chairman, President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,929.37

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 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

Read SEC document
November 01, 2019 Filed Nov 5, 2019 22:01 UTC SYSCO CORP SYY · Entity 2003 Exercise / conversionStock Options (Right to buy) · Derivative 39,384 $0.00 Strike: $33.40 $0.00
Disclosure

SEC source: 0000096021-19-000128 · edgar.xml · derivative · entry 3

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,737

Underlying: Common Stock · 39,384 shares

Expires 2023-11-14

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 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

F3 · price: Options granted by the Compensation and Leadership Development Committee of the company's Board of Directors pursuant to the 2013 Long Term Incentive Plan, as amended.

F2 · derivative.exercise_date: Options are fully exercisable.

Read SEC document
November 01, 2019 Filed Nov 5, 2019 22:01 UTC SYSCO CORP SYY · Entity 2003 SaleCommon Stock 39,384 $80.00 $3,150,720.00
Disclosure

SEC source: 0000096021-19-000128 · edgar.xml · nonDerivative · entry 2

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,545.37

F1 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

Read SEC document
November 01, 2019 Filed Nov 5, 2019 22:01 UTC SYSCO CORP SYY · Entity 2003 Exercise / conversionCommon Stock 39,384 $33.40 $1,315,425.60
Disclosure

SEC source: 0000096021-19-000128 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,929.37

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 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

Read SEC document
October 07, 2019 Filed Oct 9, 2019 21:00 UTC SYSCO CORP SYY · Entity 2003 Exercise / conversionStock Options (Right to buy) · Derivative 39,384 $0.00 Strike: $33.40 $0.00
Disclosure

SEC source: 0000096021-19-000118 · edgar.xml · derivative · entry 3

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 133,121

Underlying: Common Stock · 39,384 shares

Expires 2023-11-14

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 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

F4 · price: Options granted by the Compensation and Leadership Development Committee of the company's Board of Directors pursuant to the 2013 Long Term Incentive Plan, as amended.

F3 · derivative.exercise_date: Options are fully exercisable.

Read SEC document
October 07, 2019 Filed Oct 9, 2019 21:00 UTC SYSCO CORP SYY · Entity 2003 SaleCommon Stock 39,384 $78.12 $3,076,678.08
Disclosure

SEC source: 0000096021-19-000118 · edgar.xml · nonDerivative · entry 2

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,545.37

F1 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

F2 · price: The price reported is a weighted average sale price per share of the 39,384 shares sold on this date. These shares were sold in multiple transactions at prices ranging from $77.47 to $78.41. The Reporting Person undertakes to provide to Sysco Corporation, any security holder of Sysco Corporation, 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 the footnote of this Form 4.

Read SEC document
October 07, 2019 Filed Oct 9, 2019 21:00 UTC SYSCO CORP SYY · Entity 2003 Exercise / conversionCommon Stock 39,384 $33.40 $1,315,425.60
Disclosure

SEC source: 0000096021-19-000118 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,929.37

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 · kind: The exercises and sales were effected pursuant to Rule 10b5-1 trading plan.

Read SEC document
August 21, 2019 Filed Aug 23, 2019 21:00 UTC SYSCO CORP SYY · Entity 2003 GrantStock Options (Right to buy) · Derivative 279,850 $0.00 Strike: $72.80 $0.00
Disclosure

SEC source: 0000096021-19-000076 · edgar.xml · derivative · entry 1

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 279,850

Underlying: Common Stock · 279,850 shares

Expires 2029-08-20

F2 · price: Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.

F1 · derivative.exercise_date: One-third of the shares covered by the grant vest and are exercisable on 8/21/2020, 8/21/2021 and 8/21/2022, respectively. No options may be exercised prior to 8/21/2020. Options will expire on 8/20/2029.

Read SEC document
August 16, 2019 Filed Aug 19, 2019 21:03 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 16,151 $72.25 $1,166,909.75
Disclosure

SEC source: 0000096021-19-000055 · edgar.xml · nonDerivative · entry 2

Bene Thomas · CIK 0001573968 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,545.373

F2 · shares: These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.

Read SEC document
August 16, 2019 Filed Aug 19, 2019 21:03 UTC SYSCO CORP SYY · Entity 2003 GrantCommon Stock 41,042.745 $0.00 $0.00
Disclosure

SEC source: 0000096021-19-000055 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 109,696.373

F1 · shares: Shares received upon the vesting of performance share units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors (the "Committee") pursuant to the 2013 Long-Term Incentive Plan. These performance share units were granted by the Committee in August 2016. The number of shares of common stock received upon the vesting of these performance share units was determined based upon the Company's performance with regard to pre-established financial performance metrics for the performance period from fiscal 2017 to fiscal 2019.

Read SEC document
March 01, 2019 Filed Mar 5, 2019 22:02 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 2,843 $67.55 $192,044.65
Disclosure

SEC source: 0000096021-19-000022 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,279.15

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Read SEC document
December 01, 2018 Filed Dec 4, 2018 21:45 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 1,970 $67.40 $132,778.00
Disclosure

SEC source: 0000096021-18-000200 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,030.08

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Read SEC document
August 23, 2018 Filed Aug 30, 2018 20:47 UTC SYSCO CORP SYY · Entity 2003 GrantStock Options (Right to buy) · Derivative 280,636 $0.00 Strike: $75.08 $0.00
Disclosure

SEC source: 0000096021-18-000128 · edgar.xml · derivative · entry 1

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 280,636

Underlying: Common Stock · 280,636 shares

Expires 2028-08-22

F2 · price: Options granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2013 Long-Term Incentive Plan.

F1 · derivative.exercise_date: One-third of the shares covered by the grant vest and are exercisable on 8/23/2019, 8/23/2020 and 8/23/2021, respectively. No options may be exercised prior to 8/23/2019. Options will expire on 8/22/2028.

Read SEC document
March 01, 2018 Filed Mar 2, 2018 22:10 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 378 $59.65 $22,547.70
Disclosure

SEC source: 0000096021-18-000045 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,711.46

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Read SEC document
February 22, 2018 Filed Feb 23, 2018 22:14 UTC SYSCO CORP SYY · Entity 2003 GrantCommon Stock 18,787 $0.00 $0.00
Disclosure

SEC source: 0000096021-18-000042 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,089.46

F1 · price: Restricted stock units granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2013 Long Term Incentive Plan. This award of restricted stock units was made in connection with the reporting person's promotion to President and Chief Executive Officer effective January 1, 2018, as previously announced in a Current Report on Form 8-K filed by Sysco Corporation on July 17, 2017.

Read SEC document
February 22, 2018 Filed Feb 23, 2018 22:14 UTC SYSCO CORP SYY · Entity 2003 GrantCommon Stock 18,787 $0.00 $0.00
Disclosure

SEC source: 0000096021-18-000043 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,089.46

F1 · price: Restricted stock units granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2013 Long Term Incentive Plan. This award of restricted stock units was made in connection with the reporting person's promotion to President and Chief Executive Officer effective January 1, 2018, as previously announced in a Current Report on Form 8-K filed by Sysco Corporation on July 17, 2017.

Read SEC document
December 01, 2017 Filed Dec 5, 2017 22:01 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 2,100 $57.73 $121,233.00
Disclosure

SEC source: 0000096021-17-000227 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,207.46

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Read SEC document
November 20, 2017 Filed Nov 21, 2017 21:58 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 1,907 $54.89 $104,675.23
Disclosure

SEC source: 0000096021-17-000201 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,307.46

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Read SEC document
August 25, 2017 Filed Aug 29, 2017 21:03 UTC SYSCO CORP SYY · Entity 2003 GrantStock Options (Right to buy) · Derivative 233,606 $0.00 Strike: $51.22 $0.00
Disclosure

SEC source: 0000914062-17-000091 · edgar.xml · derivative · entry 1

Bene Thomas · CIK 0001573968 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 233,606

Underlying: Common Stock · 233,606 shares

Expires 2027-08-24

F2 · price: Options granted by the Compensation Committee of the Company's Board of Directors pursuant to the 2013 Long Term Incentive Plan.

F1 · derivative.exercise_date: One-third of the shares covered by the grant vest and are exercisable on 8/25/2018, 8/25/2019 and 8/25/2020, respectively. No options may be exercised prior to 8/25/2018. Options will expire on 8/24/2027.

Read SEC document
March 01, 2017 Filed Mar 3, 2017 22:00 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 262 $52.72 $13,812.64
Disclosure

SEC source: 0000096021-17-000039 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,845.43

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Read SEC document
December 01, 2016 Filed Dec 2, 2016 21:46 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 2,100 $53.25 $111,825.00
Disclosure

SEC source: 0000096021-16-000387 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,003.23

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Read SEC document
November 18, 2016 Filed Nov 21, 2016 22:02 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 1,907 $53.36 $101,757.52
Disclosure

SEC source: 0000096021-16-000369 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,103.23

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

Read SEC document
November 15, 2016 Filed Nov 16, 2016 23:48 UTC SYSCO CORP SYY · Entity 2003 Tax withholdingCommon Stock 2,141 $53.49 $114,522.09
Disclosure

SEC source: 0000096021-16-000326 · edgar.xml · nonDerivative · entry 1

Bene Thomas · CIK 0001573968 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 62,010.233

F1 · shares: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

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.