tourmaline partners Blotter for 1/13/2012 Clent Trade Date Settle Date Side ‘Security Description Amount Avg Price CommRate Net Money Broker Custodian Fees Commission Tour Poot ‘Street Currency Comm Type ANT 112012 01/192012 Cover JOAS JOA SOFTWARE GROU 9,000 28.3655 0.0125 = 255,402.10 NITA FIBS 0.00 112.50 112.50 0.00 0.00 USD PerUnit ANT W1H2012 O1/182012 Cover JOAS JOA SOFTWARE GROU 141,000 28.6866 0.0125 4,046,570.40 REDI FIBS 0.00 1,762.50 1,762.50 0.00 0.00 USO PerUnit ANT W1H2012 112012 Sell RST ROSETTA STONE INC 8,000 7.098 0.0125 59,977.57 NITA sco wy 100.01 100.00 0.00 0.00 USD PerUnit ANT 11N2012 01/192012 Sell AST ROSETTA STONE INC 1,039 7.4729 0.0125 7,751.20 REDI Gsco O15 12.99 12.99 0.00 0.00 USD PerUnit ANT 112012 01/192012 Sell LWLT LEVEL 3 COMMUN INC 00 18.4681 0.0125 14,764.19 NITA GScO 029 10.00 10.00 0.00 0.00 USD PerUnit ANT W1H2012 01182012 Sell LVLT LEVEL 3 COMMUN ING 74,200 18.4452 0.0125 1,367.680.06 RED! 6sco 26.28 927.50 927.50 0.00 0.00 USD PerUnit ANT WNH2012 01182012 Cover HCP HCP ING 14,016 40,474 0.0125 572,543.55 NITA Gsco 0.00 176.45 176.45 0.00 0.00 USO PerUnit ANT 1182012 01/192012 Cover HCP HCP INC 35,884 40.5796 0.0125 1,456,606.92 REDI GScO 0.00 448.55 448.55 0.00 0.00 USD PerUnit ANT WNH2012 O1IHZ012 Shon VIS UNISYS: 1,600 19,1054 0.0125 34,373.75 INCE MSCO 067 22.50 22.50 0.00 0.00 USO PerUnit ANT W1H2012 OIW2012 Shon US UNISYS: 2,700 19.15 0.0125 51,695.63 NITA MScO 1.00 33.75 33.75 0.00 0.00 USO PerUnit ANT 11H2012 01/182012 Shon UIS UNISYS 196,500 19.0803 0.0125 3,727,683.28 RED! MScO 71.62 2,443.75 2,443.75 0.00 0.00 USO PerUnit ANT 112012 01/192012 Cover TPX TEMPUR PEDIC INTLIN 35,000 58.2371 0.0125 © 2,036,735.00 NITA GSCO 0.00 437.50 437.50 0.00 0.00 USD PerUnit ANT W1H2012 O1/1N2012 Cover TPX TEMPURA PEDIC INTLIN = 15,000 53.0938 0.0125 871,594.50 REDI Gsco 0.00 187.50 187.50 0.00 0.00 USD PerUnit ANT WIH2012 OWIW2012 Buy OPEN OPENTABLE INC 75,200 46,0246 0.0125 3,461,991.92 NITA FipS 0.00 940,00 940.00 0.00 0.00 USO PerUnit ANT 11N2012 01/192012 Buy OPEN OPENTABLE INC 1,700 46.6659 0.0125 79,353.28 AEDI FIBS 0.00 21.25 21.25 0.00 0.00 USD PerUnit ANT 112012 01/182012 Cover DMND DIAMOND FOODS INC 5,534 (28.7547 0.0125 159,197.60 NITA BARC 0.00 69.17 69.18 0.00 0.00 USD PerUnit ANT W1H2012 O01/182012 Cover DMND DIAMOND FOODS INC 3,766 28,7547 0.0125 108,337.16 NITA FIBS 0.00 47.08 47.08 0.00 0.00 USD PerUnit ANT 112012 01/182012 Cover DMND DIAMOND FOODS INC 24,216 28.8974 0.0125 700,082.16 REDI BARC 0.00 2.71 02.70 0.00 0.00 USD PerUnit ANT 1182012 01/192012 Cover DMND DIAMOND FOODS INC 16,484 28.6974 0.0125 476,550.77 REDI FipS 0.00 206.06 206.05 0.00 0.00 USD PerUnit ANT TOTALS: 660,939 19,490,891.04 USD 101.18 8,261.77 ‘8261.74 0.00 0.00 BLU WIH2012 OWIW2012 Buy Psst PSS WORLD MEDICAL! = 38,638. 22.6491 0.0200 888,190.11 INCE JPMS 0.00 776.76 776.76 0.00 0.00 USO PerUnit BLU W1H2012 01182012 Buy Psst PSS WORLD MEDICAL! 40,669 22.8516 0.0200 = 930,165.10 NITA JPMS 0.00 813.38 813.38 0.00 0.00 USD PerUnit BLU 11N2012 01/192012 Buy PSSI PSS WORLD MEDICAL! 4,593 22.8470 0.0200 106,028.13 REDI JPMS 0.00 91.86 91.86 0.00 0.00 USO PerUnit BLU TOTALS: 84,100 1,923,383.34 USD 0.00 1,682.00 1,682.00 0.00 0.00 Bow 112012 01/18/2012 Cover QBEAU OBE INSURANCE GRO 37,700 10.8955 15.0000 411,376.49 CLSA GSCcO 0.00 637.09 424.73 0.00 212.36 AUD BasisPoint Bow W1H2012 O1/182012 Cover QBEAU OBE INSURANCE GRO 18,300 10.9491 15,0000 200,669.08 RED! Gsco 0.00 310.77 207.18 0.00 103.59 AUD BasisPomt BOW 112012 01/192012 Buy HTZ HERTZ GLOBAL HOLDI 13,217 12.7907 0.0200 169,319.02 NITA GSCO 0.00 264.34 264.44 0.00 0.00 USD PerUnit Bow 11N2012 01/192012 Buy HITZ HERTZ GLOBAL HOLD! 10,000 12.8429 0.0200 128,629.00 NYSE Gsco 0.00 200.00 200.00 0.00 0.00 USD PerUnit Bow WIH2012 O1W2012 Buy HTZ HERTZ GLOBAL HOLDI 15,48 12.8084 0.0200 204,587.12 REDI sco 0.00 8.96 N8.96 0.00 0.00 USO PerUnit BOW TOTALS: 5,165 1,135,390.26 USD 0.00 1731.16 1415.21 0.00 315.95 cou W1H2012 O1/12012 Shon = NTAP NETAPP ING 16,159 4.0000 0.0100 «= 549,233.86 RED! 6sco 10.55 161.59 161.59 0.00 0.00 USO PerUnit COL 11N2012 01/17/2012 Sell NTAPOW2 NTAP 01/21/12 P34 160 0.5722 1.0000 6,995.02 LOPTD GSCO O18 160.00 144.00 0.00 16.00 USD PerUnit COL TOTALS: 16,019 556.228.68 USD 10.73 921.59 306.59 0.00 16.00 OCF 11N2012 01/192012 Buy NKTR NEKTAR THERAPEUT! 15,000 6.4977 0.0600 96.215.00 REDI JEFF 0.00 750.00 750.00 0.00 0.00 USD PerUnit OCF TOTALS: 15,000 98,215.00 USD 0.00 750,00 750,00 0.00 0.00 GHL WiH2012 O1/17/2012 Sell (WM 0629 ISHARES TA RUSSEL 2 8,100 3.6002 1.0000 3,070,062.00 BARC Gsco 0.00 8,100.00 8,100.00 0.00 0.00 USD PerUnit tof3 EFTA00284618

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tourmaline Partners Blotter for 1/13/2012 Clem Trade Date Settle Date Side ‘Security Descripon Amount Avg Price CommRate Net Money Broker Custodian Fees Commission Tour Poot ‘Street Currency Comm Type GHL 1/19/2012 01/17/2012 Buy = AWMO0629/ ISHARESTRAUSSEL2 8,100 6.3100 1.0000 5,119,200.00 BARC GSCO 0.00 8,100.00 8,100.00 0.00 0.00 USD PerUnit GHL TOTALS: 16,200 8,189,262.00 USD 0.00 16,200.00 16,200.00 0.00 0.00 HAB 1/13/2012 01/17/2012 Sel = 3800HK GCL-POLYENERGYH 3,000.00 2.4288 15.0000 7,267,600.44 CLSA om 7,869.91 1,406.65 937.76 0.00 468.88 HKD BasisPont HAB 1132012 01/17/2012 Sel 958K = HUANENG ARENEWASL 304,000 20122 15,0000 610,130.28 CLSA sco 660.94 118.09 78.73 0.00 39.36 HKD BasisPont HAB TOTALS: 3,904.00 1,013.863.94 USD 8,530.85 1,524.74 1,016.49 0.00 508.24 HEW — 1/13/2012 01/18/2012 Buy CAECN CAEINC 80,000 10.5912 0.0800 831,060.00 ITCN ABCF 0.00 1,482.60 1,482.60 0.00 0.00 CAD PerUnit HEW TOTALS: 50,000 524,899.70 USD 0.00 1,482.60 1,482.60 0.00 0.00 KNM 1139/2012 01/19/2012 Shon TRMB TRIMBLE NAVIGATION ut 42.7603 0.0200 14,574.16 INCE MSCO 028 6.82 6.82 0.00 0.00 USD PerUnit KNM 1132012 01/19'2012 Shon TRMB. TRIMBLE NAVIGATION — 14,659 42.9376 0.0200 629,117.12 NITA MScO a4t 293.18 293.18 0.00 0.00 USD PerUnit KNM 1182012 O01/182012 Shon BUA! BVS RESTAURANTS IN 23,000 45,2455 0.0600 1,039.476.51 BARD MScO 19.99 1,150.00 460,00 0.00 690.00 USO PerUnit KNM 1/19/2012 01/19/2012 Short BUA! BYS RESTAURANTS IN 3,500 45.2058 0.0200 158,147.31 INCE MSCO 205 70.00 70.00 0.00 0.00 USD PerUnit KNM 1/13/2012 01/192012 Shon BVI BYS RESTAURANTS IN 7,600 45.2709 0.0200 343,900.43 NITA MSCO 664 152,00 152,00 0.00 0.00 USO Perunit KNM 1/13/2012 01/192012 Shon BVA! B'S RESTAURANTS IN 800 45.2900 0.0200 = 40,742.21 ABCA Msco 079 18.00 18.00 0.00 0.00 USO PerUnit KNM 1139/2012 01/19/2012 Short TCT CONSTANT CONTACT! — 10,000 25.5550 0.0200 255,345.09 REDI MSCO 4at 200.00 200.00 0.00 0.00 USD PerUnit KNM TOTALS: 60,000 2,481,302.84 USD 47.77 1,890.00 1,200.00 0.00 690.00 MPK 1/19/2012 01/19/2012 Sell STBZ STATE BANK FINANCIA — 10,000 15.4890 0.0200 154,687.02 REDI CHAS 298 200.00 200.00 0.00 0.00 USD PerUnit MPK TOTALS: 10,000 154,687.02 USD 298 200.00 200.00 0.00 0.00 NEW 1/13/2012 O1/182012 Buy EXE-UCN EXTENDICAREREALE = 13,500 8.3154 0.0200 «112,527.90 CCAD RECO 0.00 266.87 266.87 0.00 0.00 GAD PerUnit NEW —-1/13/2012 01/18/2012 Buy GAR-UCN Canadian Apartment Pro 14,300 22,2803 0.0200 «318,894.29 CCAD RECO 0.00 282.68 282.68 0.00 0.00 CAD PerUnit NEW 1/13/2012 01/18/2012 Buy AP-UCN ALLIEDPAOPERTIESR 8,600 25.7476 0.0200 221,601.38 CCAD 0.00 170.00 170.00 0.00 0.00 CAD PerUnit NEW = 1/13/2012 01/18/2012 Buy = AX-U ARTIS REALESTATE IN 14,000 14.8416 0.0200 208,062.40 CCAD RBCD 0.00 276.75 276.75 0.00 0.00 CAD PerUnit NEW = 1/13/2012 01/18/2012 Buy BEI-UCN BOARDWALKREALES 6,600 53.4773 0.0200 353,062.18 CCAD ABCD 0.00 130.47 130.47 0.00 0.00 GAD PerUnit NEW 1/13/2012 01/18/2012 Buy CSH-U = CHARTWELLSENIORS — 24,300 8.6300 0.0200 211,410.00 CCAD ABCD 0.00 480.36 480.36 0.00 0.00 CAD PerUnit NEW = 1/13/2012 01/18/2012 Buy — CUF-U COMINAR REALESTAT — 10,100 22.9876 0.0200 226,114.78 CCAD 0.00 199.66 199.66 0.00 0.00 CAD PerUnit NEW W1H2012 01/18/2012 Buy CWT-U CALLOWAY REAL EST 15,200 26.9644 0.0200 © 410,162.88 CCAD ABCD 0.00 00.47 00.47 0.00 0.00 GAD PerUnit NEW = 1/13/2012 O1/182012 Buy = O-U OUNDEE REALESTATE 10,400 34.5816 0.0200 359,856.64 CCAD ABCD 0.00 205.59 205.59 0.00 0.00 GAD PerUnit NEW —-1/13/2012 01/18/2012 Buy PMZ-U PRIMARISRETAILREA = 13,500 20.8501 0.0200 281,746.35 CCAD 0.00 266.87 266.87 0.00 0.00 CAD PerUnit NEW = 1/13/2012 01/18/2012 Buy = REF-U CAN REALESTATE INV = 11,300 37.4484 0.0200 423,392.92 CCAD ABCD 0.00 223.38 223.38 0.00 0.00 CAD PerUnit NEW = 1/13/2012 01/18/2012 Buy = RELU RIOCAN REALESTATE 45,900 26.4913 0.0200 1,216,868.67 CCAD RECO 0.00 907.35 907.35 0.00 0.00 GAD PerUnit NEW = 1/13/2012 01/18/2012 Buy = HR-U H&A REALESTATE INV = 27,900 29.2517 0.0200 649,280.49 CCAD ABCD 0.00 551.53 551.59 0.00 0.00 CAD PerUnit NEW TOTALS: 215,600 4,935,081.97 USD 0.00 4,281.98 4,261.98 0.00 0.00 osk 1/19/2012 01/17/2012 Buy 018880 KS HALLACLIMATECONT 27,000 21,922.8829 20.0000 593,101,1329 HSBC Bw 0.00 1,029.94 514.97 0.00 514.97 KRW BasisPoint osk Wiw2012 O117/2012 Buy 018880 KS HALLA CLIMATE CONT 24,940 21,922.8629 20,0000 §47,849,713.1 HSBC @6sco 0.00 951.36 475.68 0.00 475.68 KAW BasisPort ‘owTomsS Ot—~—“—=—sSOSSCststs‘“CSNNCNCNNOCSN@O0€©€8©8©)©)©)~”CSQB2728USD—~—~CS~SCOS*~CS*«~C CSSCOSSCiSCSSS ROY 1132012 01/19'2012 Buy = HFC HOLLYFRONTIER COR — 60,000 27.0860 0.0425 1,627,710.00 CATC sco 0.00 2,550.00 -450.00 0.00 3,000.00 USO PerUnit 20f3 EFTA00284619

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tourmaline Blotter for 1/13/2012 Client Trade Date SetileDale Side Security Descripian Amount Avg Price CommRate NetMoney Broker Cusiedian Fees Commission Tour Pool Street Currency Comm Type ROY 112012 01/19/2012 Buy HFC HOLLYFRONTIER COR 9,071 27.0879 0.0425 245,918.44 INCE GSCO 0.00 385.52 385.52 0.00 0.00 USD PerUnit ROY WH2012 O1/1W2012 Buy HFC HOLLYFRONTIER COR 85,000 27.2693 0.0425 2,321,503.00 NITA sco 0.00 3612.50 3612.50 0.00 0.00 USO PerUnit ROY 1/13/2012 01/192012 Buy HFC HOLLYFRONTIER COR 35,929 27.1317 0.0425 976,341.83 RED! sco 0.00 1,526.98 1,526.98 0.00 0.00 USO PerUnit ROY TOTALS: 190,000 5,171,473.27 USD 0.00 8,075.00 5,075.00 0.00 3,000.00 som 1/19/2012 01/19/2012 Buy ACW ACCURIDE CORP 6,000 7.0710 0.0250 42,576.00 AEDI GSEC 0.00 150.00 90.00 60.00 0.00 USD PerUnit SOM 1/13/2012 01/19/2012 Buy = SPA SPARTON CORP 3,000 8.2380 0.0250 24,789.00 AED! GSEC 0.00 75.00 45.00 30.00 0.00 USD PerUnit SOM W1N2012 O1/12012 Buy ROI READING INTERNATIO 1,650 4.52 0.0250 7210.83 RED! GSEC 0.00 41.25 24.75 16.50 0.00 USO PerUnit SOM 1/13/2012 01/19'2012 Sel ARI AMERICAN RAILCAR IN 3,500 28.4941 0.0450 99,569.93 RED! GSEC 192 157.50 52.50 105,00 0.00 USO PerUnit SOM 1102012 01/19/2012 Buy DRAD DIGIRAD CP 1,496 1.9726 0.0250 2968.41 REDI GSEC 0.00 37.40 22.44 14.96 0.00 USD PerUnit SOM 1/13/2012 01/19'2012 Sel — MIND MITCHAM IND INC 3,000 23,7001 0.0450 70,963.93 RED! GSEC 1.37 135,00 45.00 90.00 0.00 USO PerUnit SOM 1/13/2012 01/192012 Buy — ALH RED LION HOTELS CO 1,450 6.8900 0.0250 10,026.75 RED! GSEC 0.00 36.25 21.75 14.50 0.00 USO PerUnit SOM 1/13/2012 01/19/2012 Buy = MDCA MDC PARTNERS CL A 2,000 12.8015 0.0450 25,893.00 AEDI GSEC 0.00 90.00 30.00 60.00 0.00 USD PerUnit SOM TOTALS: 22,096 283,817.85 USD 329 722.40 3u1.44 390.96 0.00 SPK 1182012 01/19/2012 Buy fSIL INTERSIL CP 25,000 10.6000 0.0350 265,875.00 SSBS JPMS 0.00 875.00 375.00 0.00 500.00 USD PerUnit SPK 1132012 01/19'2012 Buy — HEK HECKMANN CORP 50,876 6.3000 0.0850 322,299.46 NMRA JPMS 0.00 1,780.66 763.14 0.00 1,017.82 USO PerUnit SPK TOTALS: 75,876 588,174.46 USD 0.00 2,655.66 1,138.14 0.00 © 1,517.52 TON 1/13/2012 01/192012 Sell © AEGXF © AECON GROUP INC 11,600 11,2480 0.0300 130,126.28 CCAD uss 2st 348,00 348,00 0.00 0.00 USO PerUnit TON TOTALS: 11,600 130,128.29 USD 251 348.00 348.00 0.00 0.00 VEN 1/13/2012 01/192012 Buy = BTH BLYTH NEW 10,000 61.7808 0.0150 617,958.00 NITA NBFI 0.00 150.00 150.00 0.00 0.00 USD PerUnit VEN 112012 01/192012 Buy CLCT COLLECTORS UNIVER 1,554 15.0000 0.0150 23,333.31 REDI scot 0.00 23.01 23.01 0.00 0.00 USD PerUnit VEN Wiw2012 O1/1B/2012 Buy ACQ CN AUTOCANADA INC 1,600 63s 0.0150 10,256.64 CCAD cec 0.00 23.72 23.72 0.00 0.00 CAD PerUnit VEN 112012 01/18/2012 Buy ACO CN AUTOCANADA INC 8,400 6.3954 0.0150 53,847.36 CCAD scot 0.00 124.54 124.54 0.00 0.00 CAD PerUnit VEN 1/19/2012 01/17/2012 Sell FXE0@/17/ FXE 04/17/12 P124 1,201 1.7500 2.0000 225,068.62 BARC CBC 4.38 2,602.00 2,602.00 0.00 0.00 USD PerUnit VEN 1/13/2012 01/17/2012 Sell FXEOG/7/ FXE oa/I7II2 PIZ4 699 1,7500 2.0000 120,924.65 BARC scot 235 1,396.00 1,398.00 0.00 0.00 USO PerUnit VEN TOTALS 23,554 1,050,644.97 USD 673 4,321.57 4,321.57 0.00 0.00 WFC WH2012 01/18/2012 Sell GLC CN GALLIC ENERGY LTO 200,000 0.2100 0.0050 41,000.00 CCAD ABCF 0.00 988.40 988.40 0.00 0.00 CAD PerUnit WFC 1/13/2012 01/18/2012 Sell WZRCN WESTERNZAGROSRE 254,500 0.7000 0.0050 176,877.50 CCAD ABC 0.00 1,257.74 1,257.74 0.00 0.00 CAD PerUnit WFC TOTALS: 454,500 215,350.12 USD 0.00 2,246.14 2,246.14 0.00 0.00 wMP 1/18/2012 01/19/2012 Shor TSLA TESLA MOTORS INC 5,000 25.5552 0.0150 127,698.54 REDI GSsco 246 75.00 75.00 0.00 0.00 USD PerUnit WMP 1/13/2012 O1/192012 Buy NFP. NATIONAL FINLPARTN 3,500 14,8561 0.0150 52,048.85 NITA sco 0.00 52.50 52.50 0.00 0.00 USO Perunit wep 1102012 01/19/2012 Buy NFP NATIONAL FINL PARTN 9,100 14.6905 0.0150 135,640.05 REDI GsSco 0.00 136.50 136.50 0.00 0.00 USD PerUnit WMP TOTALS: 17,600 315,387.44 USD 246 264.00 284.00 0.00 0.00 30f3 EFTA00284620