Explanation of
Responses: |
(1) |
The transactions reported in
this Form 4 were effected pursuant to a Rule 10b5-1 trading plan
adopted by the Reporting Person on July 30, 2020. |
(2) |
The shares reported include
1,223 shares of restricted stock subject to vesting
conditions. |
(3) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 151 shares is from $937.12
to $938.10. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(4) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 448 shares is from $938.12
to $939.04. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(5) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 101 shares is from $939.24
to $940.03. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(6) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 300 shares is from $941.51
to $942.015. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(7) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 300 shares is from $942.52
to $943.44. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(8) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 216 shares is from $944.64
to $945.43. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(9) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 284 shares is from $943.62
to $944.50 The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(10) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 200 shares is from $947.29
to $947.57. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(11) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 509 shares is from $948.30
to $949.15. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(12) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 811 shares is from $949.30
to $950.27. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(13) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 528 shares is from $950.33
to $951.14. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(14) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 505 shares is from $951.36
to $952.05. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(15) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 357 shares is from $952.36
to $953.25. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(16) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 22 shares is from $954.17 to
$954.75. The Filing Person will provide full information regarding
the number of shares sold at each separate price upon request of
the SEC, the Registrant, or a shareholder of the
Registrant. |
(17) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 200 shares is from $955.20
to $955.20. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(18) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 200 shares is from $956.89
to $957.43. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(19) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 309 shares is from $963.30
to $964.29. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(20) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 91 shares is from $964.31 to
$964.74. The Filing Person will provide full information regarding
the number of shares sold at each separate price upon request of
the SEC, the Registrant, or a shareholder of the
Registrant. |
(21) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 126 shares is from $966.43
to $967.03. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(22) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 100 shares is from $965.38
to $965.38. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(23) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 25 shares is from $967.45 to
$968.32. The Filing Person will provide full information regarding
the number of shares sold at each separate price upon request of
the SEC, the Registrant, or a shareholder of the
Registrant. |
(24) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 21 shares is from $968.53 to
$969.00. The Filing Person will provide full information regarding
the number of shares sold at each separate price upon request of
the SEC, the Registrant, or a shareholder of the
Registrant. |
(25) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 153 shares is from $969.80
to $970.70. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(26) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 53 shares is from $971.09 to
$971.88. The Filing Person will provide full information regarding
the number of shares sold at each separate price upon request of
the SEC, the Registrant, or a shareholder of the
Registrant. |
(27) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 122 shares is from $972.98
to $973.32. The Filing Person will provide full information
regarding the number of shares sold at each separate price upon
request of the SEC, the Registrant, or a shareholder of the
Registrant. |
(28) |
The option vests in five
annual installments: the first on January 1, 2021, and the final
vesting on January 1, 2025, provided that the Reporting Person
remains employed by the Issuer on the applicable vesting
dates. |
(29) |
The option vested in five
annual installments: the first on January 1, 2017, and the final
vesting on January 1, 2021. |