TapewireFind a company

person · Reporting owner

Holzer Sunita

Disclosed activity across 3 companies

Tapewire entity
68885
SEC CIK
0001535419

Export transaction history ↓

Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
Anywhere Real Estate Inc.RLGY · Entity 69629Chief Human Resources OfficerFebruary 27, 2020March 02, 2020
Verisk Analytics, Inc.VRSK · Entity 1061Chief Human Relations OfficerJanuary 14, 2026January 24, 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.

Anywhere Real Estate Inc.

Report date February 27, 2020 · Filed March 02, 2020

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common Stock, $0.01 par valueSEC Table I · non-derivativeDirect55,068 Ending reported balance After 2020-02-28 transaction · row 4
4 source rows · reconciled sequence

Row 1 · 2020-02-27 · Grant · Acquired 23,195 · Balance 58,900

F1: Represents shares issuable upon settlement of a restricted stock unit award issued under the 2018 Long Term Incentive Plan.

Row 2 · 2020-02-28 · Tax withholding · Disposed 960 · Balance 57,940

F2: Shares forfeited to satisfy tax withholding obligations upon partial vesting of performance restricted stock unit or restricted stock unit awards.

Row 3 · 2020-02-28 · Tax withholding · Disposed 883 · Balance 57,057

F2: Shares forfeited to satisfy tax withholding obligations upon partial vesting of performance restricted stock unit or restricted stock unit awards.

Row 4 · 2020-02-28 · Tax withholding · Disposed 1,989 · Balance 55,068

F2: Shares forfeited to satisfy tax withholding obligations upon partial vesting of performance restricted stock unit or restricted stock unit awards.

Filing footnotes · ownership attribution and instrument terms

F1: Represents shares issuable upon settlement of a restricted stock unit award issued under the 2018 Long Term Incentive Plan.

F2: Shares forfeited to satisfy tax withholding obligations upon partial vesting of performance restricted stock unit or restricted stock unit awards.

Verisk Analytics, Inc.

Report date January 14, 2026 · Filed January 24, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect16,158 Ending reported balance After 2026-01-15 transaction · row 4
4 source rows · reconciled sequence

Row 1 · 2026-01-14 · Grant · Acquired 4,800 · Balance 17,069

F1: Represents shares of common stock issued upon settlement of performance stock units granted on January 15, 2023 under the Issuer's 2021 Equity Incentive Plan and the underlying performance stock unit award agreement that vested based on the level of achievement of the applicable relative TSR-based and ROIC-based performance conditions and satisfaction of the service condition.

Row 2 · 2026-01-14 · Tax withholding · Disposed 1,764 · Balance 15,305

F2: Payment of tax liability by withholding shares in connection with the vesting and settlement of performance stock units granted on January 15, 2023.

Row 3 · 2026-01-15 · Grant · Acquired 1,261 · Balance 16,566

F3: These restricted stock units of Common Stock were granted under the Issuer's 2021 Equity Incentive Plan. Subject to the terms of the Issuer's 2021 Equity Incentive Plan and the applicable award agreement thereunder, these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of their grant date.

Row 4 · 2026-01-15 · Tax withholding · Disposed 408 · Balance 16,158

F4: Payment of tax liability by withholding shares in connection with the January 15, 2026 vesting of previously reported restricted stock grants.

Stock OptionSEC Table II · derivative / convertible security · Conversion / exercise price $222.05 · Expires 2036-01-15Direct5,782 Reported balance After 2026-01-15 transaction · row 5 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 5 · 2026-01-15 · Grant · Acquired 5,782 · Balance 5,782

F5: This stock option was granted under the Issuer's 2021 Equity Incentive Plan.

F6: Subject to the terms of the Issuer's 2021 Equity Incentive Plan and the applicable award agreement thereunder, this stock option vests and becomes exercisable in four equal installments on the first, second, third and fourth anniversaries of the stock option grant date.

Filing footnotes · ownership attribution and instrument terms

F1: Represents shares of common stock issued upon settlement of performance stock units granted on January 15, 2023 under the Issuer's 2021 Equity Incentive Plan and the underlying performance stock unit award agreement that vested based on the level of achievement of the applicable relative TSR-based and ROIC-based performance conditions and satisfaction of the service condition.

F2: Payment of tax liability by withholding shares in connection with the vesting and settlement of performance stock units granted on January 15, 2023.

F3: These restricted stock units of Common Stock were granted under the Issuer's 2021 Equity Incentive Plan. Subject to the terms of the Issuer's 2021 Equity Incentive Plan and the applicable award agreement thereunder, these restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of their grant date.

F4: Payment of tax liability by withholding shares in connection with the January 15, 2026 vesting of previously reported restricted stock grants.

F5: This stock option was granted under the Issuer's 2021 Equity Incentive Plan.

F6: Subject to the terms of the Issuer's 2021 Equity Incentive Plan and the applicable award agreement thereunder, this stock option vests and becomes exercisable in four equal installments on the first, second, third and fourth anniversaries of the stock option grant date.

Past disclosures · reporting ended (1)

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

SOUTH JERSEY INDUSTRIES INC

Report date February 01, 2023 · Filed February 01, 2023

Section 16 reporting ended · disclosed 2023-02-01. Current position is not established by this disclosure.

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect0 Reported balance After 2023-02-01 transaction · row 1 Sequence does not reconcile; account continuity is unresolved.
1 source row

Row 1 · 2023-02-01 · Disposition to issuer · Disposed 3,485.32 · Balance 0

F1: Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.

F2: Represents shares underlying restricted stock award which were converted into the right to receive cash in an amount equal to the number of shares of common stock of the Issuer multiplied by the Merger Consideration.

F3: Includes shares acquired through dividend reinvestment.

Common StockSEC Table I · non-derivativeDirect0 Reported balance After 2023-02-01 transaction · row 2 Sequence does not reconcile; account continuity is unresolved.
1 source row

Row 2 · 2023-02-01 · Disposition to issuer · Disposed 100.7 · Balance 0

F1: Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.

F3: Includes shares acquired through dividend reinvestment.

Common StockSEC Table I · non-derivativeDirect0 Reported balance After 2023-02-01 transaction · row 3 Sequence does not reconcile; account continuity is unresolved.
1 source row

Row 3 · 2023-02-01 · Disposition to issuer · Disposed 40,527.8 · Balance 0

F1: Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.

F3: Includes shares acquired through dividend reinvestment.

Common StockSEC Table I · non-derivativeDirect0 Reported balance After 2023-02-01 transaction · row 4 Sequence does not reconcile; account continuity is unresolved.
1 source row

Row 4 · 2023-02-01 · Disposition to issuer · Disposed 3,628 · Balance 0

F1: Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.

Filing footnotes · ownership attribution and instrument terms

F1: Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.

F2: Represents shares underlying restricted stock award which were converted into the right to receive cash in an amount equal to the number of shares of common stock of the Issuer multiplied by the Merger Consideration.

F3: Includes shares acquired through dividend reinvestment.

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
May 02, 2018 Filed May 4, 2018 20:26 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 23 $0.00 $0.00
Disclosure

SEC source: 0001398987-18-000122 · wf-form4_152546557383757.xml · nonDerivative · entry 2

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,072

F2 · shares: Consist of shares underlying dividend equivalent units ("DEUs") accrued on the restricted stock units reported in footnote 1. The DEUs accrued in connection with a quarterly cash dividend paid on March 26, 2018. The DEUs vest on the same terms as the underlying restricted stock units.

Read SEC document
May 02, 2018 Filed May 4, 2018 20:26 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 7,100 $0.00 $0.00
Disclosure

SEC source: 0001398987-18-000122 · wf-form4_152546557383757.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,049

F1 · date: Represents a restricted stock unit grant made on March 1, 2018, subject to stockholder approval of the 2018 Long-Term Incentive Plan. Realogy's stockholders approved the 2018 Long-Term Incentive Plan on May 2, 2018.

Read SEC document
March 29, 2018 Filed Mar 30, 2018 23:39 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 Tax withholdingCommon Stock, $0.01 par value 382 $27.28 $10,420.96
Disclosure

SEC source: 0001398987-18-000088 · wf-form4_152245314948309.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,949

F1 · shares: Shares forfeited to satisfy tax withholding obligation upon vesting of performance restricted stock unit award.

Read SEC document
March 26, 2018 Filed Mar 28, 2018 20:44 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 24 $0.00 $0.00
Disclosure

SEC source: 0001398987-18-000078 · wf-form4_152226988070630.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,331

F1 · shares: Consist of shares underlying dividend equivalent units ("DEUs") on performance restricted stock units. The DEUs accrued in connection with a quarterly cash dividend paid on March 26, 2018. The DEUs vest on the same terms as the underlying performance restricted stock units.

Read SEC document
March 01, 2018 Filed Mar 2, 2018 22:05 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantEmployee Stock Options · Derivative 16,853 $0.00 Strike: $25.35 $0.00
Disclosure

SEC source: 0001398987-18-000044 · wf-form4_152002834518798.xml · derivative · entry 2

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,853

Underlying: Common Stock, $0.01 par value · 16,853 shares

Expires 2028-03-01

F2 · derivative.exercise_date: Options become exercisable in four equal annual installments, commencing on the first anniversary of the grant date.

Read SEC document
February 28, 2018 Filed Mar 2, 2018 22:05 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 Tax withholdingCommon Stock, $0.01 par value 748 $25.55 $19,111.40
Disclosure

SEC source: 0001398987-18-000044 · wf-form4_152002834518798.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,307

F1 · shares: Shares forfeited to satisfy tax withholding obligation upon vesting of performance restricted stock unit award.

Read SEC document
February 26, 2018 Filed Feb 28, 2018 23:08 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 Tax withholdingCommon Stock, $0.01 par value 711 $24.71 $17,568.81
Disclosure

SEC source: 0001398987-18-000026 · wf-form4_151985926117308.xml · nonDerivative · entry 3

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,055

F3 · shares: Shares forfeited to satisfy tax withholding obligation upon partial vesting of performance restricted stock award.

Read SEC document
February 26, 2018 Filed Feb 28, 2018 23:08 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 Tax withholdingCommon Stock, $0.01 par value 1,128 $24.71 $27,872.88
Disclosure

SEC source: 0001398987-18-000026 · wf-form4_151985926117308.xml · nonDerivative · entry 2

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,766

F2 · shares: Shares forfeited to satisfy tax withholding obligations upon vesting of shares under 2015 performance share unit award reported in the preceding row.

Read SEC document
February 26, 2018 Filed Feb 28, 2018 23:08 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 3,228 $0.00 $0.00
Disclosure

SEC source: 0001398987-18-000026 · wf-form4_151985926117308.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,894

F1 · shares: Represents shares earned upon below-target achievement of performance criteria under 2015 performance share unit award.

Read SEC document
January 02, 2018 Filed Jan 4, 2018 10:27 UTC SOUTH JERSEY INDUSTRIES INC SJI · Entity 117445 GrantSo.Jersey Ind., Inc. / Common Stock 2,804 $0.00 $0.00
Disclosure

SEC source: 0000091928-18-000007 · f4forsh.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,966.4704

Read SEC document
November 30, 2017 Filed Dec 4, 2017 21:23 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 36 $0.00 $0.00
Disclosure

SEC source: 0001398987-17-000243 · wf-form4_151242257742718.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,666

F1 · shares: Consist of shares underlying dividend equivalent units ("DEUs") on performance restricted stock units. The DEUs accrued in connection with a quarterly cash dividend paid on November 30, 2017. The DEUs vest on the same terms as the underlying performance restricted stock units.

Read SEC document
August 30, 2017 Filed Sep 1, 2017 20:13 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 29 $0.00 $0.00
Disclosure

SEC source: 0001398987-17-000181 · edgar.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,630

F1 · shares: Consist of shares underlying dividend equivalent units ("DEUs") on performance restricted stock units. The DEUs accrued in connection with a quarterly cash dividend paid on August 30, 2017. The DEUs vest on the same terms as the underlying performance restricted stock units.

Read SEC document
May 31, 2017 Filed Jun 2, 2017 21:19 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 32 $0.00 $0.00
Disclosure

SEC source: 0001398987-17-000149 · edgar.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,601

F1 · shares: Consist of shares underlying dividend equivalent units ("DEUs") on performance restricted stock units. The DEUs accrued in connection with a quarterly cash dividend paid on May 31, 2017. The DEUs vest on the same terms as the underlying performance restricted stock units.

Read SEC document
April 01, 2017 Filed Apr 4, 2017 20:50 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 Tax withholdingCommon Stock, $0.01 par value 410 $29.79 $12,213.90
Disclosure

SEC source: 0001398987-17-000101 · edgar.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,569

F1 · shares: Shares forfeited to satisfy tax withholding obligation upon partial vesting of a performance restricted stock unit award.

Read SEC document
March 23, 2017 Filed Mar 27, 2017 21:17 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 38 $0.00 $0.00
Disclosure

SEC source: 0001398987-17-000089 · edgar.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,979

F1 · shares: Consist of shares underlying dividend equivalent units ("DEUs") on performance restricted stock units. The DEUs accrued in connection with a quarterly cash dividend paid on March 23, 2017. The DEUs vest on the same terms as the underlying performance restricted stock units.

Read SEC document
February 28, 2017 Filed Mar 2, 2017 21:38 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantEmployee Stock Options · Derivative 15,000 $0.00 Strike: $27.70 $0.00
Disclosure

SEC source: 0001398987-17-000059 · edgar.xml · derivative · entry 2

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,000

Underlying: Common Stock, $0.01 par value · 15,000 shares

Expires 2027-02-28

F2 · derivative.exercise_date: Options become exercisable in four equal annual installments, commencing on the first anniversary of the grant date.

Read SEC document
February 28, 2017 Filed Mar 2, 2017 21:38 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 6,498 $0.00 $0.00
Disclosure

SEC source: 0001398987-17-000059 · edgar.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,941

F1 · shares: Represents shares issuable upon vesting of a performance restricted stock unit award issued under the Amended and Restated 2012 Long Term Incentive Plan.

Read SEC document
February 26, 2017 Filed Feb 28, 2017 21:17 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 Tax withholdingCommon Stock, $0.01 par value 755 $28.82 $21,759.10
Disclosure

SEC source: 0001398987-17-000039 · edgar.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,443

F1 · shares: Shares forfeited to satisfy tax withholding obligations upon vesting of performance restricted stock unit award.

Read SEC document
January 03, 2017 Filed Jan 5, 2017 16:40 UTC SOUTH JERSEY INDUSTRIES INC SJI · Entity 117445 GrantSo.Jersey Ind., Inc. / Common Stock 2,910 $0.00 $0.00
Disclosure

SEC source: 0000091928-17-000006 · f4forsh.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,559.2888

Read SEC document
December 01, 2016 Filed Dec 5, 2016 21:42 UTC Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 28 $0.00 $0.00
Disclosure

SEC source: 0001398987-16-000381 · edgar.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,198

F1 · shares: Consist of shares underlying dividend equivalent units ("DEUs") on performance restricted stock units. The DEUs accrued in connection with a quarterly cash dividend paid on December 1, 2016. The DEUs vest on the same terms as the underlying performance restricted stock units.

Read SEC document
August 31, 2016 Filed Sep 30, 2016 20:36 UTC Amendment Anywhere Real Estate Inc. RLGY · Entity 69629 GrantCommon Stock, $0.01 par value 25 $0.00 $0.00
Disclosure

SEC source: 0001398987-16-000329 · edgar.xml · nonDerivative · entry 1

Holzer Sunita · CIK 0001535419 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,170

F1 · shares: Consist of shares underlying dividend equivalent units ("DEUs") on performance restricted stock units. The DEUs accrued in connection with a quarterly cash dividend paid on August 31, 2016. The DEUs vest on the same terms as the underlying performance restricted stock units. This amendment is being filed to correct and reduce the number of shares underlying the DEUs previously reported on the Form 4 filed on September 2, 2016 as DEUs issued in respect of performance share units are not reportable until the underlying performance share units are reportable --- following a determination of the level of achievement of the performance goals for the applicable three-year performance period.

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.