TapewireFind a company

person · Reporting owner

ZISES SELIG

Disclosed activity across 1 company

Tapewire entity
56893
SEC CIK
0001162317

Export transaction history ↓

Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
Esquire Financial Holdings, Inc.ESQ · Entity 4764DirectorMarch 18, 2026March 20, 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.

Esquire Financial Holdings, Inc.

Report date March 18, 2026 · Filed March 20, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeIndirectBy profit sharing plan12,501 Reported balance After 2026-03-18 transaction · row 1 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 1 · 2026-03-18 · Sale · Disposed 8,500 · Balance 12,501

Common StockSEC Table I · non-derivativeIndirectBy profit sharing plan10,501 Reported balance After 2026-03-18 transaction · row 2 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 2 · 2026-03-18 · Sale · Disposed 2,000 · Balance 10,501

Common StockSEC Table I · non-derivativeIndirectBy profit sharing plan8,501 Reported balance After 2026-03-18 transaction · row 3 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 3 · 2026-03-18 · Sale · Disposed 2,000 · Balance 8,501

Common StockSEC Table I · non-derivativeIndirectBy profit sharing plan6,501 Reported balance After 2026-03-19 transaction · row 4 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 4 · 2026-03-19 · Sale · Disposed 2,000 · Balance 6,501

Common StockSEC Table I · non-derivativeIndirectBy Trust77,533 Reported balance After 2026-03-18 transaction · row 5 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 5 · 2026-03-18 · Sale · Disposed 1,500 · Balance 77,533

Common StockSEC Table I · non-derivativeIndirectBy Trust75,533 Reported balance After 2026-03-18 transaction · row 6 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 6 · 2026-03-18 · Sale · Disposed 2,000 · Balance 75,533

Common StockSEC Table I · non-derivativeIndirectBy Trust74,033 Reported balance After 2026-03-18 transaction · row 7 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 7 · 2026-03-18 · Sale · Disposed 1,500 · Balance 74,033

Common StockSEC Table I · non-derivativeIndirectBy Trust72,533 Reported balance After 2026-03-18 transaction · row 8 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 8 · 2026-03-18 · Sale · Disposed 1,500 · Balance 72,533

Common StockSEC Table I · non-derivativeIndirectBy Trust70,533 Reported balance After 2026-03-18 transaction · row 9 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 9 · 2026-03-18 · Sale · Disposed 2,000 · Balance 70,533

Common StockSEC Table I · non-derivativeIndirectBy Trust67,533 Reported balance After 2026-03-18 transaction · row 10 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 10 · 2026-03-18 · Sale · Disposed 3,000 · Balance 67,533

Common StockSEC Table I · non-derivativeIndirectBy Trust66,533 Reported balance After 2026-03-18 transaction · row 11 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 11 · 2026-03-18 · Sale · Disposed 1,000 · Balance 66,533

Common StockSEC Table I · non-derivativeIndirectBy Trust63,533 Reported balance After 2026-03-19 transaction · row 12 Account identity is unresolved; indirect or unspecified ownership is not merged.
1 source row

Row 12 · 2026-03-19 · Sale · Disposed 3,000 · Balance 63,533

Common StockSEC Table I · non-derivativeDirect15,716 Reported balance Holding disclosure · report date 2026-03-18 · row 13 Holding and transaction disclosures are not merged.
1 source row

Row 13 · Balance 15,716

F1: Includes shares of restricted stock which vest in three equal annual installments commencing on December 16, 2024.

F2: Includes shares of restricted stock which vest in three equal annual installments commencing on December 9, 2025.

F3: Includes shares of restricted stock which vest 100% on December 10, 2026.

F4: Includes shares of restricted stock which vest in three equal annual installments commencing on December 19, 2026.

F5: Includes shares of restricted stock which vest in three equal annual installments commencing on December 3, 2027.

F6: Includes shares of restricted stock which vest in three equal annual installments commencing on December 15, 2027.

Common StockSEC Table I · non-derivativeIndirectAs trustee for trust25,500 Reported balance Holding disclosure · report date 2026-03-18 · row 14 Holding and transaction disclosures are not merged.
1 source row

Row 14 · Balance 25,500

Common StockSEC Table I · non-derivativeIndirectBy L.P.12,600 Reported balance Holding disclosure · report date 2026-03-18 · row 15 Holding and transaction disclosures are not merged.
1 source row

Row 15 · Balance 12,600

Filing footnotes · ownership attribution and instrument terms

F1: Includes shares of restricted stock which vest in three equal annual installments commencing on December 16, 2024.

F2: Includes shares of restricted stock which vest in three equal annual installments commencing on December 9, 2025.

F3: Includes shares of restricted stock which vest 100% on December 10, 2026.

F4: Includes shares of restricted stock which vest in three equal annual installments commencing on December 19, 2026.

F5: Includes shares of restricted stock which vest in three equal annual installments commencing on December 3, 2027.

F6: Includes shares of restricted stock which vest in three equal annual installments commencing on December 15, 2027.

Transaction history

JSON API
Reset

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
September 15, 2017 Filed Sep 19, 2017 12:29 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 545 $15.17 $8,267.65
Disclosure

SEC source: 0001140361-17-035870 · doc1.xml · nonDerivative · entry 4

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 98,001

Read SEC document
September 15, 2017 Filed Sep 19, 2017 12:29 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 200 $15.16 $3,032.00
Disclosure

SEC source: 0001140361-17-035870 · doc1.xml · nonDerivative · entry 3

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 97,456

Read SEC document
September 15, 2017 Filed Sep 19, 2017 12:29 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 155 $15.15 $2,348.25
Disclosure

SEC source: 0001140361-17-035870 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 97,256

Read SEC document
September 15, 2017 Filed Sep 19, 2017 12:29 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 100 $15.14 $1,514.00
Disclosure

SEC source: 0001140361-17-035870 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 97,101

Read SEC document
September 14, 2017 Filed Sep 15, 2017 13:38 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 300 $15.25 $4,575.00
Disclosure

SEC source: 0001140361-17-035636 · doc1.xml · nonDerivative · entry 6

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 97,001

Read SEC document
September 14, 2017 Filed Sep 15, 2017 13:38 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 200 $15.24 $3,048.00
Disclosure

SEC source: 0001140361-17-035636 · doc1.xml · nonDerivative · entry 5

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 96,701

Read SEC document
September 14, 2017 Filed Sep 15, 2017 13:38 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 100 $15.23 $1,523.00
Disclosure

SEC source: 0001140361-17-035636 · doc1.xml · nonDerivative · entry 4

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 96,501

Read SEC document
September 14, 2017 Filed Sep 15, 2017 13:38 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 200 $15.21 $3,042.00
Disclosure

SEC source: 0001140361-17-035636 · doc1.xml · nonDerivative · entry 3

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 96,401

Read SEC document
September 14, 2017 Filed Sep 15, 2017 13:38 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 100 $15.15 $1,515.00
Disclosure

SEC source: 0001140361-17-035636 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 96,201

Read SEC document
September 14, 2017 Filed Sep 15, 2017 13:38 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 100 $15.12 $1,512.00
Disclosure

SEC source: 0001140361-17-035636 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 96,101

Read SEC document
August 28, 2017 Filed Aug 30, 2017 14:17 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 500 $14.85 $7,425.00
Disclosure

SEC source: 0001140361-17-033702 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 96,001

Read SEC document
August 28, 2017 Filed Aug 30, 2017 14:17 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 500 $14.80 $7,400.00
Disclosure

SEC source: 0001140361-17-033702 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 95,501

Read SEC document
August 25, 2017 Filed Aug 25, 2017 16:04 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 200 $15.50 $3,100.00
Disclosure

SEC source: 0001140361-17-033286 · doc1.xml · nonDerivative · entry 6

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 95,001

Read SEC document
August 25, 2017 Filed Aug 25, 2017 16:04 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 100 $15.45 $1,545.00
Disclosure

SEC source: 0001140361-17-033286 · doc1.xml · nonDerivative · entry 5

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 94,801

Read SEC document
August 25, 2017 Filed Aug 25, 2017 16:04 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 300 $15.35 $4,605.00
Disclosure

SEC source: 0001140361-17-033286 · doc1.xml · nonDerivative · entry 4

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 94,701

Read SEC document
August 25, 2017 Filed Aug 25, 2017 16:04 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 200 $15.32 $3,064.00
Disclosure

SEC source: 0001140361-17-033286 · doc1.xml · nonDerivative · entry 3

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 94,401

Read SEC document
August 25, 2017 Filed Aug 25, 2017 16:04 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 100 $15.12 $1,511.50
Disclosure

SEC source: 0001140361-17-033286 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 94,201

Read SEC document
August 25, 2017 Filed Aug 25, 2017 16:04 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 100 $15.05 $1,505.00
Disclosure

SEC source: 0001140361-17-033286 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 94,101

Read SEC document
August 21, 2017 Filed Aug 22, 2017 16:53 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 200 $16.00 $3,200.00
Disclosure

SEC source: 0001140361-17-033009 · doc1.xml · nonDerivative · entry 3

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 94,001

Read SEC document
August 21, 2017 Filed Aug 22, 2017 16:53 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 200 $15.99 $3,198.00
Disclosure

SEC source: 0001140361-17-033009 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 93,801

Read SEC document
August 21, 2017 Filed Aug 22, 2017 16:53 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 1,600 $15.97 $25,552.00
Disclosure

SEC source: 0001140361-17-033009 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 93,601

Read SEC document
August 08, 2017 Filed Aug 10, 2017 10:39 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 3,300 $15.15 $49,995.00
Disclosure

SEC source: 0001140361-17-030982 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 92,001

Read SEC document
August 08, 2017 Filed Aug 10, 2017 10:39 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 500 $15.14 $7,570.00
Disclosure

SEC source: 0001140361-17-030982 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 88,701

Read SEC document
August 07, 2017 Filed Aug 7, 2017 17:07 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 6,251 $14.90 $93,139.90
Disclosure

SEC source: 0001140361-17-030369 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 88,201

Read SEC document
August 03, 2017 Filed Aug 7, 2017 17:07 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 5,000 $14.79 $73,950.00
Disclosure

SEC source: 0001140361-17-030369 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 81,950

Read SEC document
July 31, 2017 Filed Aug 1, 2017 12:21 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 3,200 $14.75 $47,200.00
Disclosure

SEC source: 0001140361-17-029530 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 77,000

Read SEC document
July 31, 2017 Filed Aug 4, 2017 14:36 UTC Amendment Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 3,000 $14.75 $44,250.00
Disclosure

SEC source: 0001140361-17-030213 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 76,950

Read SEC document
July 28, 2017 Filed Aug 1, 2017 12:21 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 1,800 $14.75 $26,550.00
Disclosure

SEC source: 0001140361-17-029530 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 73,800

Read SEC document
July 28, 2017 Filed Aug 4, 2017 14:36 UTC Amendment Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 1,950 $14.75 $28,762.50
Disclosure

SEC source: 0001140361-17-030213 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 73,950

Read SEC document
July 27, 2017 Filed Jul 27, 2017 16:33 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 Exercise / conversionStock Options · Derivative 11,560 $0.00 Strike: $12.50 $0.00
Disclosure

SEC source: 0001140361-17-028912 · doc1.xml · derivative · entry 6

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,241

Underlying: Common Stock · 11,560 shares

Expires 2025-09-01

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.underlying_shares: Stock options vest at a rate of 20% per year commencing on September 1, 2016.

F2 · balance_after: Stock options vest at a rate of 20% per year commencing on September 1, 2016.

Read SEC document
July 27, 2017 Filed Jul 27, 2017 16:33 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 Exercise / conversionStock Options · Derivative 9,000 $0.00 Strike: $12.50 $0.00
Disclosure

SEC source: 0001140361-17-028912 · doc1.xml · derivative · entry 5

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,000 shares

Expires 2020-01-04

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.underlying_shares: Stock options are fully vested.

Read SEC document
July 27, 2017 Filed Jul 27, 2017 16:33 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 Exercise / conversionCommon Stock 11,560 $12.50 $144,500.00
Disclosure

SEC source: 0001140361-17-028912 · doc1.xml · nonDerivative · entry 3

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 177,880

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
July 27, 2017 Filed Jul 27, 2017 16:33 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 Exercise / conversionCommon Stock 9,000 $12.50 $112,500.00
Disclosure

SEC source: 0001140361-17-028912 · doc1.xml · nonDerivative · entry 2

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 166,320

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
July 27, 2017 Filed Jul 28, 2017 13:33 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 10,000 $14.75 $147,500.00
Disclosure

SEC source: 0001140361-17-029041 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 72,000

Read SEC document
July 26, 2017 Filed Jul 27, 2017 16:33 UTC Esquire Financial Holdings, Inc. ESQ · Entity 4764 PurchaseCommon Stock 10,000 $14.75 $147,500.00
Disclosure

SEC source: 0001140361-17-028912 · doc1.xml · nonDerivative · entry 1

ZISES SELIG · CIK 0001162317 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By profit sharing plan

Disclosed balance after: 62,000

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.