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 November 6, 2020. |
(2) |
The shares reported include
4,566 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 94 shares is from $935.57 to
$936.00. 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. |
(4) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 6 shares is from $936.83 to
$937.00. 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. |
(5) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 753 shares is from $937.99
to $938.93. 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 1,039 shares is from $938.99
to $939.85. 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 1,180 shares is from $940.00
to $940.98. 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 1,229 shares is from $941.00
to $941.88. 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. |
(9) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 500 shares is from $942.11
to $943.07. 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 800 shares is from $943.11
to $944.02. 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 161 shares is from $945.76
to $945.94. 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 429 shares is from $946.81
to $947.67. 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 271 shares is from $947.85
to $948.81. 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 297 shares is from $948.87
to $949.70. 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. |
(15) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 408 shares is from $949.98
to $950.93. 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 548 shares is from $952.17
to $953.00. 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. |
(17) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 432 shares is from $953.41
to $954.39. 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 320 shares is from $954.53
to $955.12. 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 107 shares is from $956.66
to $957.33. 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 98 shares is from $958.70 to
$959.01. 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 45 shares is from $960.00 to
$960.01. 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 168 shares is from $961.00
to $961.87. 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 108 shares is from $962.00
to $962.42. 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 325 shares is from $963.25
to $964.01. 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 583 shares is from $964.25
to $965.22. 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 397 shares is from $965.27
to $966.00. 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. |
(27) |
The price shown is the
weighted average sale price for the transactions reported on this
line. The range of sale prices for the 150 shares is from $967.00
to $967.99. 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 three
annual installments: the first on March 1, 2020, and the final
vesting on January 1, 2022, provided that the Reporting Person
remains employed by the Issuer on the applicable vesting
dates. |
(29) |
The option vests in four
annual installments: the first on January 1, 2021, and the final
vesting on January 1, 2024, provided that the Reporting Person
remains employed by the Issuer on the applicable vesting
dates. |