tourmaline partners Blotter for 5/18/2012 Client Trade Date SettleDale Side Security Description Amount Avg Price CommRate Net Money Broker Custodian Fees Commission Tour ‘Street Currency Comm Type AFN 5/18/2012 05/24/2012 Buy WDA WADDELL & REED FINL 7,000 27.3759 0.0300 191,841.30 REDI CBC 0.00 210.00 210.00 0.00 0.00 USD PerUnit AFN TOTALS: 7,000 191,841.30 USD 0.00 210.00 210.00 0.00 0.00 ANT 5/18/2012 05/22/2012 Shon 303 KK VTECH HOLDINGS LTD = 21,400 83.1836 15.0000 1,775,535.44 CLSA 6sco 1,923.41 344.19 W473 0.00 229.46 HKD BasisPomnt ANT 5/18/2012 05/22/2012 Shon 303 HK VTECH HOLDINGS LTD 11,500 63,0270 15,0000 952,346.90 CLSA @sco 1,031.38 184.61 123.08 0.00 61.54 HKD BasisPomt ANT 5/18/2012 05/29/2012 Sell FB FACEBOOK CLA 37,500 39.3900 0.0125 1,476,623.16 RED! FIBS 32.09 $68.75 68.75 0.00 0.00 USD PerUnit ANT 5/18/2012 05/23/2012 Buy EXTR EXTREME NETWORKS 19,900 3.4600 0.0825 69,500.75 DADA Gsco 0.00 646.75 248.75 0.00 398.00 USD PerUnit ANT 5/18/2012 05/28/2012 Buy EXTR EXTREME NETWORKS = 39,100 3.4532 0.0125 135,509.98 NITA 6sco 0.00 488.75 488.75 0.00 0.00 USD PerUnit ANT S8/2012 05/28/2012 Buy EXTR EXTREME NETWORKS = 141,000 3.4585 0.0125 489,411.00 REDI Gsco 0.00 1,762.50 1,762.50 0.00 0.00 USO PerUnit ANT 5/18/2012 05/22/2012 Shot HIBB HIBBETT SPORTING G 15,000 §4.8044 0.0125 621,860.08 NITA MScO 1842 187.50 187.50 0.00 0.00 USD PerUnit ANT S/18/2012 05282012 Shon HIBS HIBBETT SPORTING G 35,000 54.8366 0.0125 1,918,800.50 RED! MScO 43.00 437,50 437,50 0.00 0.00 USO PerUnit ANT 5/18/2012 05/28/2012 Buy Mst MOTOROLA SOLUTION = —.25,000 47.4971 0.0125 —1,187.740.00 NITA MSscO. 0.00 312.50 312.50 0.00 0.00 USO PerUnit ANT 5/18/2012 05/29/2012 Buy MSI MOTOROLA SOLUTION = — 25,000 47.4981 0.0125 1,187,765.00 REDI MSCO 0.00 2.50 N2.50 0.00 0.00 USO PerUnit ANT 5/18/2012 05/29/2012 Buy FNP FIFTH & PACIFIC COMP 4,200 12.5316 0.0125 53,079.63 NITA BARC 0.00 53.75 §3.75 0.00 0.00 USO PerUnit ANT S8/2012 05/28/2012 Buy FNP FIFTH & PACIFIC COMP = 45,700. 12.3541 0.0125 565,610.62 RED! BARC 0.00 571.25 571.25 0.00 0.00 USD PerUnit ANT 5/18/2012 05/282012 Shon WPAT WESTPORT INNOVAT! 25,000 23,7013 0.0125 592,206.72 NITA FiBS 13.28 2.50 32.50 0.00 0.00 USO PerUnit ANT 5/18/2012 05/29/2012 Shot WPAT WESTPORT INNOVATI 15,000 23.6881 0.0125 356,126.04 REDI FIBS 7.96 187.50 187.50 0.00 0.00 USO PerUnit ANT 5/18/2012 05/23/2012 Buy AMT ASHFORD HOSPITALIT 2,500 7.5484 0.0125 18,902.25 NITA GSsco 0.00 25 1.25 0.00 0.00 USD PerUnit ANT 5/18/2012 05/28/2012 Buy AHT ASHFORD HOSPITALIT 47,500. 7.3609 0.0125 359,736.50 RED! Gsco 0.00 593.75 593.75 0.00 0.00 USD PerUnit ANT TOTALS: 510,400 9,583,496.26 USD 3,070.54 6,395.55 6,206.55 0.00 689.00 ARC 5/18/2012 05/29/2012 Buy SEE SEALED AIR CORP NE 15,000 16.0452 0.0450 241,353.00 UBSW uBS 0.00 675.00 225.00 0.00 450.00 USD PerUnit ARC 6/18/2012 06/24/2012 Buy MFICN MAPLE LEAF FOODS C 10,200 11.6576 0.0300 119,213.52 ITCN uss 0.00 11.02 11.02 0.00 0.00 CAD PerUnit ARC S/B/2012 05/28/2012 Buy MU MICRON TEGH ING 100,000 5.6233 0.0150 583,827.40 NITA UBS 0.00 1,500.00 1,500.00 0.00 0.00 USD PerUnit ARC TOTALS: 125,200 946,349.02 USD 0.00 2,486.02 2,036.02 0.00 450.00 Bow 5/18/2012 05/23/2012 Sell wet WATSON PHARMACEU 7,520 70,0530 0.0350 526,523.55 NITA 6sco iat 263.20 12.80 150.40 0.00 USD PerUnit BOW TOTALS: 7,520 526,523.55 USD 11.8 263.20 112.60 150.40 0.00 BRI 5/18/2012 05/23/2012 Sell ‘SF ESTAR FINL INC 25,000 5.6277 0.0200 140,189.34 NITA GSEC a6 500.00 500.00 0.00 0.00 USO PerUnit BAI 5/18/2012 05/24/2012 Sell ‘SFI ESTAR FINL INC 175,000 5.6212 0.0200 980,187.98 REDI GSEC 22.04 3,500.00 3,500.00 0.00 0.00 USD PerUnit BRI S18/2012 05/28/2012 Sell FCH FELCOR LODGING TRI 200,000 3.9835 0.0200 792,682.15 RED! GSEC 17.85 4,000.00 4,000.00 0.00 0.00 USO PerUnit BAI TOTALS: 400,000 1,913,059.45 USD 43.05 8,000.00 8,000.00 0.00 0.00 coG 5/18/2012 05/24/2012 Buy ICGE INTERNET CAPITALGR = 20,000 6.4261 0.0400 169,322.15 NITA MScO 0.00 800.00 400.00 400.00 0.00 USD PerUnit coG 5/18/2012 05/29/2012 Buy 1CGE INTERNET CAPITAL GR 9,058 8.48 0.0400 76,130.68 RED! MSCO 0.00 342.32 181.16 181.16 0.00 USD PerUnit COG TOTALS: 29,058 245,452.83 USD 0.00 1,162.32 581.16 581.16 0.00 cow 5/18/2012 05/21/2012 Sell IW 05/19! AW 05/1912 P75, 1,455 0.2600 0.5000 37,101.65 LOPTO 6sco 085 727.50 582.00 0.00 145.50 USD PerUnit cou 5/18/2012 05/21/2012 Sell GLD 0625/ GLD oS25/12 C155 303 1.7027 0.5000 51,439.15 LOPTO 6sco 116 151.50 121.20 0.00 30.30 USO PerUnit COL 5/18/2012 05/21/2012 Buy GLD 05/19 GLD o6/t9"2 C152 3 2.7727 0.5000 84,164.31 LOPTD GSCO 0.00 151.50 121.20 0.00 30.30 USD PerUnit cot 5/18/2012 05/21/2012 Sell (00 08/25 GQ 05/25/12 P61 2,984 0.7825 0.5000 232,000.76 LOPTD Gsco 24 1,492.00 1,193.60 0.00 296.40 USD PerUnit 1ofs EFTA00284647

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tourmaline partners Blotter for 5/18/2012 Clem Trade Date Settle Date Side ‘Security Description Amount Avg Price CommRate Net Money Broker Custodian Fees Commission Tour ‘Street Currency Comm Type cou 5/18/2012 05/21/2012 Sell ‘SPY O66 SPY 06/1612 P124 1,000 1.3750 3.0000 = 134,498.92 LOPTD GSCO 208 3,000.00 2,900.00 0.00 100.00 USD PerUnit cou 5/18/2012 05/21/2012 Buy ‘SPY O62) SPY 06/2912 P12B 1,000 3.1600 3.0000 = 319,000.00 LOPTD 6sco 0.00 3,000.00 2,900.00 0.00 100.00 USO PerUnit coL 5/18/2012 05/28/2012 Shon DB DEUTSCHE BANK AG 86,712 36.0500 0.0100 3,125,030.45 HUSK Gsco 70.03 867.12 867.12 0.00 0.00 USD PerUnit cot 5/18/2012 06/21/2012 Sell (WM 0825! IW 08/25/12 P74. 1,673 1.0904 0.5000 171,545.55 LOPTD Gsco 387 836.50 669.20 0.00 167.30 USD PerUnit co” 5/18/2012 05/23/2012 Shot INTC INTEL CP 76,82 26.2219 0.0100 2,086,001.87 REDI GScO 46.30 788.21 788.21 0.00 0.00 USD PerUnit cow 5/18/2012 05/21/2012 Sell INTC 06/16 INTC 05/16/12 P25. 786 0.3700 1.0000 28,295.34 LOPTO 6sco 0.66 786.00 707.40 0.00 78.60 USO PerUnit cou 5/18/2012 05/21/2012 Sell FSLR 052 FSLR 05/2512 P13 610 0.4264 0.5000 25,826.81 LOPTO Gsco 059 305.00 244.00 0.00 61.00 USD PerUnit cou 5/18/2012 05/29/2012 Shon KORS MICHAEL KORS HOLDI =. 32,298 37.8000 0.0100 1,220,514.07 IAEC Gsco 27.35 322.98 322.98 0.00 0.00 USD PerUnit col 5/18/2012 05/21/2012 Sell KORS 08/1 MICHAEL KORS HOLD! a2 2.3200 3.0000 73,507.33 AEC 6sco 167 963.00 882.75 0.00 80.25 USO PerUnit cow 5/18/2012 05/21/2012 Sell QQ 0525 G00 05/25/12 PED 1,022 0.6487 0.5000 65,784.65 LOPTOD 6sco 149 511.00 408.60 0.00 102.20 USD PerUnit co” 5/18/2012 05/21/2012 Sell JOY 05/25) JOY 05/25/12 P57.5 ut 0.6880 0.5000 23,289.77 LOPTD Gsco 053 170.50 136.40 0.00 34.10 USD PerUnit cou 5/18/2012 05/21/2012 Sell NUS 08/16’ NU SKIN ENTERPRISE 430 0.5000 1.0000 21,069.51 IAEC Gsco 0.49 430.00 387.00 0.00 43.00 USD PerUnit cot 5/18/2012 05/21/2012 Sell NUS 08/16 NU SKIN ENTERPRISE 50 0.5000 1.0000 2,449.94 IAEC 6sco 0.06 50.00 37.50 0.00 12.50 USO PerUnit coL 5/18/2012 05/21/2012 Sell OB 06/161 DEUTSCHE BK NIAMEN 866 1,2500 3.0000 105,649.57 HUSK @sco 243 2,596.00 2,511.40 0.00 86.60 USD PerUnit co” 5/18/2012 05/242012 Shot FSLR FIRST SOLAR INC 4,000 13.9925 0.0100 55,688.75 LOPS Gsco 1.25 40.00 40.00 0.00 0.00 USD PerUnit co” 5/18/2012 05/23/2012 Shot FSLR FIRST SOLAR INC 67,133 13.7733 0.0100 786,320.99 REDI GSco 17.63 571.33 571.33 0.00 0.00 USD PerUnit cou 5/18/2012 05/29/2012 Shon WM ISHARES RUSSELL 200 313,129 75.0818 0.0100 23,506,630.11 RED! 6sco 526.64 3191.29 3191.29 0.00 0.00 USD PerUnit co” 5/18/2012 05/23/2012 Shot GQQ POWERSHARES QQQ = 401,326 61.2250 0.0100 24,566,607.26 REDI GSco 650.42 4,013.26 4,013.26 0.00 0.00 USO PerUnit COL TOTALS: 986,563 §6,702,414.76 USD 1,261.74 24,906.69 23,536.64 0.00 1,370.05 cvx 5/18/2012 05/29/2012 Sell FB FACEBOOK CL A ‘60,000 41.5046 0.0200 2,074,183.51 RED! GScO 46.49 1,000.00 1,000.00 0.00 0.00 USD PerUnit CvxK 5/18/2012 05/28/2012 Sell Fe FACEBOOK CLA 50,000 415046 0.0200 2,074,183.51 RED! JPMS 46.49 1,000.00 1,000.00 0.00 0.00 USO PerUnit CVX TOTALS: 100,000 4,148,367.02 USD 92.98 2,000.00 2,000.00 0.00 0.00 ORX 5/18/2012 05/28/2012 Buy DHS WISDOMTREE TRUST 24,600 43.9400 0.0080 = 1,081,120.80 RED! EVLML 0.00 196.60 196.60 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Buy FeT FIRST TRUST AMEX BI 00 42.8400 0.0080 34,278.40 REDI EVLML 0.00 6.40 6.40 0.00 0.00 USO PerUnit ORX 5/18/2012 05/29/2012 Buy FRI FIRST TRUST S&P REI 2,100 16.6400 0.0080 34,960.80 RED! EVLML 0.00 16.80 16.80 0.00 0.00 USD PerUnit ORX 5/18/2012 05/23/2012 Buy '8B ISHARES NASDAQ BIO 300 121.4000 0.0080 36,422.40 REDI EVLML 0.00 240 240 0.00 0.00 USO PerUnit ORX 5/18/2012 05/2/2012 Buy 8 ISHARES DOW JONES 4,200 14.5400 0.0080 61,101.60 REDI EVLML 0.00 33.60 33.60 0.00 0.00 USD PerUnit DRX 5/18/2012 05/29/2012 Buy JKD ISHARES MORNINGST 27,900 74.9200 0.0080 2,090,491.20 RED! EVLML 0.00 223.20 223.20 0.00 0.00 USO PerUnit ORX S/1B2012 05/282012 Buy OEF ISHARES S4P 100 INDE — 18,000. 59.9500 0.0080 1,079.244.00 RED! EVLML 0.00 144.00 144.00 0.00 0.00 USO PerUnit ORX 5/18/2012 05/23/2012 Buy Pwo POWERSHARES ETFD = 25,200 43,2462 0.0080 = 1,090,005.84 RED! EVLML 0.00 201.60 201.60 0.00 0.00 USO PerUnit DRX 5/18/2012 05/29/2012 Buy aa POWERSHARES Q0Q 4,200 61.6100 0.0080 258,795.60 REDI EVLML 0.00 33.60 33.60 0.00 0.00 USD PerUnit ORK 6/18/2012 05/29/2012 Buy TT ISHARES TA LEH 20+Y = 11,200 123.4507 0.0080 1,382,737.44 REDI EVLML 0.00 89.60 89.60 0.00 0.00 USO PerUnit ORX S/18/2012 05/282012 Buy xHB SPDR S&P HOMEBUILD 1,500 19,6400 0.0080 29,772.00 REDI EVLML 0.00 12.00 12.00 0.00 0.00 USO PerUnit ORX 5/18/2012 05/28/2012 Buy xLG RYDEX RUSSELL TOP 14,200 96.4011 0.0080 1,079,781.92 RED! EVLML 0.00 89.60 89.60 0.00 0.00 USD PerUnit DRX 5/18/2012 05/29/2012 Sell EMM ‘SPDR DJ WILSHIRE ME 8,800 §9.6116 0.0080 524,499.92 REDI EVLML 11.76 70.40 70.40 0.00 0.00 USO PerUnit ORX 5/18/2012 05/23/2012 Sell WH ISHARES S&P MIDCAP 1,400 91.6414 0.0080 «= 128.283.8688 RED! EVLML 288 11.20 11.20 0.00 0.00 USD PerUnit ORX 5/18/2012 05/23/2012 Sell us ISHARES SAP SMALLC 16,500 71.4500 0.0080 1,178,766.59 RED! EVLML 2641 132.00 132.00 0.00 0.00 USO PerUnit 20f8 EFTA00284648

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tourmaline partners Blotter for 5/18/2012 Clem Trade Date Settle Date Side ‘Security Description Amount Avg Price CommRate Net Money Broker Custodian Fees Commission Tour Currency Comm Type DRX 5/18/2012 05/22/2012 Sel ITA SPDR BARCLAYS CPTL 20,900 33.8628 0.0080 707,549.46 REDI EVLML 15.86 167.20 167.20 0.00 0.00 USD PerUnit ORX 5/18/2012 05/23/2012 Sell IWC ISHARES RUSSELLMI — 24,900 46.9200 0.0080 1,168,082.62 RED! EVLML 26.18 199.20 199.20 0.00 0.00 USD PerUnit ORK S/1B/2012 05/29/2012 Sell JNK SPDR LEHMAN HIGH YI 700 33,3500 0.0080 «= 26,838.79 REDI EVLML ost 5.60 5.60 0.00 0.00 USD PerUnit DRX 5/18/2012 05/29/2012 Sell = MDY SPDR S&P MIDCAP 400 7,400 166.8900 0.0080 1,234,899.13 REDI EVLML 27.67 59.20 59.20 0.00 0.00 USD PerUnit DRX 5/18/2012 05/29/2012 Sell PDP PSHARES DWATECHL 46,800 25.8300 0.0080 1,208,.44252 REDI EVLML 27.08 374.40 374.40 0.00 0.00 USD PerUnit ORK 5/18/2012 05/23/2012 Sell VEIT VANGUARD INTER TER 8,400 84,2800 0.0080 © 707,868.94 REDI EVLML 15.86 67.20 67.20 0.00 0.00 USD PerUnit ORK si1e2012 O5/22012 Sell = VXF VANGUARD EXTENDE — 22,600 54.1257 0.0080 1,223,032.61 REDI EVLML 274i 180.80 180.80 0.00 0.00 USO PerUnit DRX 5/18/2012 05/23/2012 Buy CGW GUGGENHM S&P GLO 7,600 19.6022 0.0080 149,037.52 REDI usBK 0.00 60.80 60.80 0.00 0.00 USD PerUnit ORK sie2012 05/28/2012 Buy EWA ISHARES MCSIAUSTR 1,800 20,9800 0.0080 © 37,778.40 REDI usBK 0.00 14.40 14.40 0.00 0.00 USO PerUnit ORK si1e2012 05/29/2012 Buy EWH ISHARES MSCI HONG 3,200 15,9500 0.0080 = $1,097.60 RED! usBK 0.00 25.60 25.60 0.00 0.00 USO PerUnit DRX 5/18/2012 05/29/2012 Buy EWS ISHARES MSCISINGAP = 3,700 11.7500 0.0080 © 43,504.60 REDI usBK 0.00 29.60 29.60 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Buy EWW ISHARES MSCI MEXIC 800 55.5300 0.0080 © 44,430.40 REDI usBK 0.00 6.40 6.40 0.00 0.00 USD PerUnit ORK sie2012 05/29/2012 Buy EWY ISHARES MSCI SOUTH 600 51.7917 0.0080 = -31,079.82 REDI usBk 0.00 4.80 4.80 0.00 0.00 USD PerUnit ORK si1e2012 05/29/2012 Buy IGF ISHARES SAP GLOBAL 6,100 33,0587 0.0080 201,706.87 REDI usBK 0.00 48.80 48.80 0.00 0.00 USO Perunit DRX 5/18/2012 05/29/2012 Buy YK ISHARES DOW JONES 3,000 70.9877 0.0080 © 212,927.10 REDI usBK 0.00 24.00 24.00 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Buy KRE SPDR KBWREGIONAL — 2,700 26.3000 0.0080 = 71,031.60 REDI uSBK 0.00 21.60 21.60 0.00 0.00 USD PerUnit ORK sie2012 05/29/2012 Buy PBJ POWERSHAS DYNFD — 11,300 19.4814 0.0080 © 220,230.22 REDI usBK 0.00 90.40 90.40 0.00 0.00 USD PerUnit DRX 5/18/2012 05/29/2012 Buy PEJ POWERSHAS DYN LS 3,900 20.9608 0.0080 = 81,778.32 REDI uSBK 0.00 31.20 31.20 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Buy = PPH PHARMACEUTICALHL = 2,900 36.9700 0.0080 © 107,236.20 REDI usBK 0.00 23.20 23.20 0.00 0.00 USD PerUnit ORK sie2012 08/23/2012 Buy = PXR POWERSHARES EMER = 3,300 36,6500 0.0080 «= 121,004.40 REDI usBK 0.00 26.40 26.40 0.00 0.00 USO PerUnit ORK si1e2012 05/29/2012 Buy REM ISHAS FTSE NAREITM — 12,300 13,7400 0.0080 169,100.40 RED! usBK 0.00 96.40 96.40 0.00 0.00 USD Perunit DRX 5/18/2012 05/29/2012 Buy REW PROSHARES ULTRASH = 3,800 41.6600 0.0080 158,338.40 REDI uSBK 0.00 30.40 30.40 0.00 0.00 USD PerUnit DRX 5/18/2012 05/29/2012 Buy = RWX SPDR DJ WILSHIRE INT 4,700 34.4299 0.0080 © 161,858.13 REDI usBK 0.00 37.60 37.60 0.00 0.00 USD PerUnit ORK sie2012 05/23/2012 Buy VCR VANGUARD CONSUM 1,300 67.2700 0.0080 «= 87,461.40 REDI usek 0.00 10.40 10.40 0.00 0.00 USO PerUnit DRX 5/18/2012 05/23/2012 Buy VNOI VANGUARD GLOBALE = 3,200 43.8000 0.0080 140,185.60 REDI usBK 0.00 25.60 25.60 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Buy BI SPDR SaP BIOTECH E 600 73.0900 0.0080 © 47,458.80 REDI usBK 0.00 4.80 4.80 0.00 0.00 USD PerUnit ORK 5162012 05/29/2012 Buy xLF S&P FINANCIALSELSE 3,500 13.6400 0.0080 54,007.20 RED! usBK 0.00 31.20 31.20 0.00 0.00 USO Perunit ORK s/1e/2012 08/23/2012 Buy —XLP S&P CONSUM STAPLE = 6,300 33,6500 0.0080 212,045.40 REDI usBK 0.00 50.40 50.40 0.00 0.00 USD Perunit DRX 5/18/2012 05/242012 Buy XLY CONSUMER DISCRET 2,400 42.3900 0.0080 101,755.20 REDI uSBK 0.00 19.20 19.20 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Buy = XAT SPDRS&PRETALETF 1,400 57.4900 0.0080 = 80,497.20 REDI usBK 0.00 11.20 11.20 0.00 0.00 USD PerUnit ORK si1e2012 05/28/2012 Sell ALT ISHARES DIVERSIFIED 400 48,5200 0.0080 = 19,404.36 REDI usBK 044 3.20 3.20 0.00 0.00 USO PerUnit ORK 5/18/2012 05/23/2012 Sell BBH BIOTECH HOLORS TRU = 1,200 45.1700 0.0080 = 54,193.18 REDI usBK 1.22 9.60 9.60 0.00 0.00 USD Perunit DRX 5/18/2012 05/29/2012 Sell BAXX EMAGINGGLBLSHSIN 9,200 20.8021 0.0080 191,301.43 REDI uSBK 429 73.60 73.60 0.00 0.00 USD PerUnit ORK s/1e/2012 05/29/2012 Sel — EMIF ISHARES SAP EMERG! — 5,500 30.1000 0.0080 © 165,502.29 REDI usBK 371 44.00 44.00 0.00 0.00 USD Perunit ORK sie2012 o5/232012 Sel EPU ISHARES MSCI ALL PE 1,400 41,1600 0.0080 «87,611.50 RED! usek 1.30 11,20 11.20 0.00 0.00 USO PerUnit DRX 5/18/2012 05/23/2012 Sel EWM ISHARES MSCIMALAY — 6,500 13.6406 0.0080 © 88,609.91 REDI usBK 1.99 52.00 52.00 0.00 0.00 USD PerUnit DRX 5/18/2012 05/29/2012 Sell © FBT FIRST TRUST AMEX BI = 2,300 42.7700 0.0080 © -96,350.39 REDI usBK 22t 18.40 18.40 0.00 0.00 USD PerUnit ORK s/1B/2012 05/29/2012 Sel — FIW FIRST TRUSTISE WAT — 10,200 21,6229 0.0080 220,467.03 REDI usBK 495 81,60 81.60 0.00 0.00 USD Perunit 30f8 EFTA00284649

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tourmaline partners Blotter for 5/18/2012 Clent Trade Date Settle Date Side ‘Security Description Amount Avg Price CommRate Net Money Broker Custodian Fees Commission Tour Poot ‘Street Currency Comm Type ORX 5/18/2012 05/24/2012 Sell FRI FIRST TRUST SaP REI 13,600 16.5407 0.0080 8 = 224,839.68 RED! USBK 6.04 108.80 108.80 0.00 0.00 USD PerUnit ORX S/18/2012 O05/282012 Sell Fxo FIRST TRUST CONSUM 4,500 20.3259 0.0080 99,555.47 REDI UsBK 224 39.20 39.20 0.00 0.00 USD PerUnit ORX 5/18/2012 05/23/2012 Sell GxXG GLOBAL X FDS BOLSA 4,000 20.8363 0.0080 83,521.32 RED! USBK 1.36 32.00 32.00 0.00 0.00 USO PerUnit ORK 5/18/2012 05/29/2012 Sell AT ISHARES DOW JONES 1,100 23.1500 0.0080 25,455.62 AED! USBK 058 6.80 6.80 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Sell BB ISHARES NASDAQ BIO 700 121.2100 0.0080 84,839.49 REDI USBK 131 5.60 5.60 0.00 0.00 USD PerUnit ORX 5/18/2012 05/23/2012 Sell tHE ISHARES DOW JONES 1,400 80.4586 0.0080 112,628.31 REDI USBK 253 14.20 11.20 0.00 0.00 USO PerUnit ORX S/18/2012 05/28/2012 Sell 8 ISHARES DOW JONES 5,600 14,4600 0.0080 127,174.74 RED! USBK 286 70.40 70.40 0.00 0.00 USO PerUnit ORX 5/18/2012 05/24/2012 Sell ve ISHARES DOW JONES 2,200 77.2309 0.0080 177,608.69 REDI USBK a98 16.40 16.40 0.00 0.00 USD PerUnit ORX S/18/2012 05/28/2012 Sell WG SHARES DOW JONES 1,200 48,9800 0.0080 58,765.08 RED! USBK 132 9.60 9.60 0.00 0.00 USO PerUnit ORX 5/18/2012 05/28/2012 Sell KBE ‘SPDR KBW BANK ETF 3,600 21,3358 0.0080 76,778.35 RED! USBK 173 28.60 28.60 0.00 0.00 USO PerUnit ORK 5/18/2012 05/24/2012 Sell Pes POWERSHAS DYN ME 9,900 14.0012 0.0080 136,529.57 REDI USBK att 79.20 79.20 0.00 0.00 USO PerUnit ORX 5/18/2012 05/24/2012 Sell PHO POWERSHARES WATE = 14,500 17.3300 0.0080 8 © 252,033.35 RED! USBK 5.65 116.00 116.00 0.00 0.00 USD PerUnit ORX S/18/2012 05282012 Sell PuP POWERSHAS DYN PHA 3,600 30.5900 0.0080 110,092.73 REDI UsBK 247 26.80 26.80 0.00 0.00 USO PerUnit ORX 5/18/2012 05/23/2012 Sell RTH RETAIL HLDAS TR 129 3,500 40,3200 0.0080 157,213.27 RED! USBK 353 V2 V2 0.00 0.00 USO PerUnit ORK 5/18/2012 05/29/2012 Sell AWA ‘SPDR DJ WILSHIRE RE 3,100 68.7900 0.0080 213.219.42 RED! USBK 478 24.80 24.80 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Sell ‘SCHH ‘SCHWAB US REIT ETF 7,100 28.7100 0.0080 203,779.63 REDI USBK 457 56.80 56.80 0.00 0.00 USD PerUnit ORX 5/18/2012 05/23/2012 Sell THD ISHARES MSCI THAILA 700 68.4500 0.0080 47,908.32 RED! USBK 1.08 5.60 5.60 0.00 0.00 USD PerUnit DRX 5/18/2012 05/22/2012 Sell TUR ISHARES MSCI TURKE 1,100 47.0600 0.0080 51,756.04 REDI USBK 1.16 6.80 6.80 0.00 0.00 USD PerUnit ORX 5/18/2012 05/29/2012 Sell voc VANGUARD CONSUM 2,700 84.7800 0.0080 228,879.27 REDI USBK 613 21.60 21.60 0.00 0.00 USO PerUnit ORX 5/1/2012 05/23/2012 Sell NM MARKET VECTORS VIE 3,200 17,9866 0.0080 57,530.23 RED! USBK 129 25.60 25.60 0.00 0.00 USO PerUnit ORX 5/18/2012 05/28/2012 Sell xHB ‘SPDR S&P HOMEBUILD 5,700 19.7400 0.0080 112,469.87 RED! USBK 253 45.60 45.60 0.00 0.00 USD PerUnit DRX 5/18/2012 05/23/2012 Sell xLK S&P TECHNOLOGY SE 5,600 27.7900 0.0080 156,575.71 RED! USBK a49 44.80 44.80 0.00 0.00 USO PerUnit ORX 5/18/2012 05/24/2012 Sell XPH SPDR S&P PHARMACE 2,000 54.7800 0.0080 109,541.54 REDI USBK 246 16.00 16.00 0.00 0.00 USD PerUnit ORX TOTALS: 521,800 22,757,663.03 USD 267.15 417440 4,174.40 0.00 0.00 EQu 5/18/2012 05/28/2012 Sell JPM.WS —JPMORGAN CHASE 50,000 9.3001 0.0300 = 463,494.58 RED! Tos! 10.42 1,500.00 1,500.00 0.00 0.00 USO PerUnit EQu TOTALS: 50,000 463,494.58 USD 10.42 1,500.00 1,500.00 0.00 0.00 ERC 5/18/2012 05/24/2012 Sell wCBO WEST COAST BANCOR 8B 19.5000 0.0200 1,714.20 NITA GSCO 0.04 1.76 1.76 0.00 0.00 USO PerUnit EAC TOTALS: a8 1,714.20 USD 0.04 1.76 1.76 0.00 0.00 FIN 5/18/2012 05/29/2012 Buy GEL GENESIS ENEAGY LP 33,000 28.3563 0.0100 936,087.30 NITA MLPRO 0.00 320.00 320.00 0.00 0.00 USO PerUnit FIN S/1B/2012 05/282012 Buy GEL GENESIS ENERGY LP 17,000 28.3879 0.0100 482,764.30 RED! MLPRO 0.00 170.00 170.00 0.00 0.00 USO PerUnit FIN 5/18/2012 05/28/2012 Buy RGP REGENCY ENERGY PA = 49,975 21,7539 0.0100 1,087,651.40 NITA MLPRO 0.00 499,75 499.75 0.00 0.00 USO PerUnit FIN 5/18/2012 05/242012 Buy AGP REGENCY ENERGY PA 25 21.7600 0.0100 §44.25 REDI MLPRO 0.00 0.25 0.25 0.00 0.00 USD PerUnit FIN TOTALS: 100,000 2,507,047.25 USD 0.00 1,000.00 1,000.00 0.00 0.00 FRE 5/18/2012 05/24/2012 Caver AIRM AIR METHODS CP 5,774 91.6238 0.0200 530,306.10 REDI FIBS 0.00 115.48 115.48 0.00 0.00 USO PerUnit FRE 5/18/2012 05/28/2012 Cover AIRM AIR METHODS CP 2,630 91,8233 0.0200 259,917.95 RED! G@sco 0.00 56.60 56.60 0.00 0.00 USO PerUnit 40f8 EFTA00284650

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tourmaline ‘tners: Par Blotter for 5/18/2012 Client Trade Date SettleDate Side ‘Security Description Amount Avg Price CommRate Net Money Broker Custedian Fees Commission Tour Poot Street Currency Comm Type FRE 5/18/2012 05/22/2012 Cover IRDM HRIDIUM COMMUNICATI 25,000 8.4966 0.0200 212,915.00 REDI Gsco 0.00 500.00 500.00 0.00 0.00 USD PerUnit FRE TOTALS: 33,604 1,003,139.08 USD 0.00 672.08 672.08 0.00 0.00 GHL S/8/2012 05/21/2012 Sell FRT 0a@/1& FEDERAL ALTY INVTS 500 3.7250 2.0000 185,245.82 IAEC @sco 418 1,000.00 950.00 0.00 50.00 USO PerUnit GHL TOTALS: 500 185,245.82 USD 4168 1,000.00 950.00 0.00 50,00 GAN Si1e/2012 05/29/2012 Sell NET 21VIANET GROUP ADS 2,500 11,9004 0,0200 29,700.33 NITA Msco 067 50.00 50.00 0.00 0.00 USO PerUnit GAN 5/18/2012 05/22/2012 Sell NET 21VIANET GROUP ADS 10,900 11.9454 0.0200 129,963.94 REDI MscO 292 218.00 218.00 0.00 0.00 USO PerUnit GAN 5/18/2012 05/22/2012 Shon wo ISHARES RUSSELL 200 5,800 86.1362 0.0200 499,462.76 REDI Msco 11.20 116.00 116.00 0.00 0.00 USO PerUnit GAN 5/18/2012 05/23/2012 Buy NK CINEMARK HOLDINGS 5,000 23,1838 0.0200 116,019.00 NITA MscO 0.00 100.00 100.00 0.00 0.00 USO PerUnit GRN S(18/2012 05/23/2012 Buy NK CINEMARK HOLDINGS 7,500 23.2092 0,0200 174,219.00 REDI Msco 0.00 150.00 150.00 0.00 0.00 USO PerUnit GAN 5/18/2012 05/29/2012 Sell FCFS FIRST CASH FINCL SV 4,700 37.1933 0.0200 174,710.59 NITA MScO 392 94.00 94.00 0.00 0.00 USO PerUnit GAN S(18/2012 05/28/2012 Sell YUM YUM BRANDS INC 8,700 67,5300 0,0200 587,758.83 REDI Msco WAT 174.00 174.00 0.00 0.00 USO PerUnit GAN TOTALS: 45,100 1,711,854.45 USD 31.88 2.00 02.00 0.00 0.00 HEW 5/1/2012 05/24/2012 Buy HBM CN HUDBAY MINERALS IN 50,000 8.4683 0,0200 424,415.00 CCAD ABCF 0.00 1,016.40 1,016.40 0.00 0.00 GAD PerUnit HEW TOTALS: 50,000 431,375.41 USD 0.00 1,016.40 1,016.40 0.00 0.00 WT 5/18/2012 05/22/2012 Shon CSC COMPUTER SCIENCES 43,609 25.7951 0.0600 1,12269287 DBAB JEFF 25.20 2,180.45 872.18 0.00 1,306.27 USD PerUnit IVT TOTALS: 43,609 1,122,692.87 USD 26.20 2,180.45 872.18 0.00 1,906.27 Jow 5/18/2012 05/29/2012 Sell KFT KRAFT FOODS INC 1,000 34.5000 0.0600 38,449.13 REDI WELS 0.87 50.00 16.70 3.0 0.00 USD PerUnit JOW TOTALS: 1,000 36,449.13 USD 0.87 50.00 16.70 323.40 0.00 JER Si1B/2012 05/23/2012 Buy YOKU YOUKUCOM 5,100 20.7536 0.0300 105,996.36 FOMA csFB 0.00 153.00 102.00 $1.00 0.00 USO PerUnit JER S/1/2012 05/23/2012 Buy YOKU YOUKUCOM 67,358 20.7589 0.0300 1,400.299.00 NITA csFB 0.00 2,020.74 1347.16 673.58 0.00 USO PerUnit JER 5/18/2012 05/24/2012 Buy YOKU YOUKUCOM 27,542 20.7115 0.0300 571,262.40 RED CSFB 0.00 826.26 550.84 275.42 0.00 USD PerUnit JER TOTALS: 100,000 2,077,557.76 USD 0.00 3,000.00 2,000.00 1,000.00 0.00 KNM 5/18/2012 05/29/2012 Buy AVY AVERY DENNISON CO 15,000 28.8987 0.0200 433,780.50 REDI MScO 0.00 0.00 0.00 0.00 0.00 USO PerUnit KNM S(1/2012 05/23/2012 Buy NFLX NETFLIX ING 15,175 69.7345 0.0200 1,058,525.05 REDI Msco 0.00 03.50 3.50 0.00 0.00 USO PerUnit KNM 5/18/2012 05/29/2012 Buy LEA LEAR CORP 10,000 48.9025 0.0200 389,225.00 REDI MScO 0.00 200.00 200.00 0.00 0.00 USD PerUnit KNM 5/18/2012 05/24/2012 Buy ASUR ASURE SOFTWARE IN 6.442 4.4088 0.0600 28,723.59 RAFF Msco 0.00 922.10 128.84 0.00 193.26 USD PerUnit KNM Si1e/2012 05/23/2012 Buy ASUR ASURE SOFTWARE IN 5,000 44050 0,0200 22,125.00 RED! sco 0.00 100.00 100.00 0.00 0.00 USO PerUnit KNM TOTALS: 51.617 1,932,379.13 USD 0.00 1,225.60 1,032.34 0.00 193.26 MPK 5/18/2012 05/23/2012 Buy NYT NEW YORK TIMES CO. 30,000 6.2785 0.0200 188,955.00 NITA CHAS 0.00 600.00 600.00 0.00 0.00 USO PerUnit MPK TOTALS: 30,000 188,955.00 USD 0.00 600.00 600.00 0.00 0.00 msoO 5/18/2012 05/23/2012 Sell ARP ATLAS RESOURCE PA 6,310 26.0430 0.0200 216,246.28 NITA Gsco 485 166.20 166.20 0.00 0.00 USO PerUnit mMsoO 5/18/2012 05/22/2012 Sell ARP ATLAS RESOURCE PA 3,700 26.6800 0.0200 96,639.78 REDI Gsco 222 74.00 74.00 0.00 0.00 USD PerUnit MSO TOTALS: 12,010 314,886.06 USD 707 240.20 240.20 0.00 0.00 NEW S(1B2012 05/24/2012 Buy CLLCN CONNACHER OF 8 GA = 175,000 0.6301 0,0100 112,017.50 ITCN LONG2 0.00 1,778.70 1,778.70 0.00 0.00 GAD PerUnit 5o0f8 EFTA00284651

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tourmaline Blotter for 5/18/2012 Clent Trade Date Settle Date Side ‘Security Descripsian Amount Avg Price CommRate Net Money Broker Custodian Fees Commission Tour Currency Comm Type NEW TOTALS: 175,000 113,854.59 USD 0.00 1,778.70 1,778.70 0.00 0.00 PNT 5/18/2012 05/292012 Buy TEX TEREX CORP NEW 1,000 16.4400 0.0200 16,460.00 REDI GSCO 0.00 20.00 20.00 0.00 0.00 USD PerUnit PNT si1e2012 05/23/2012 Sel ARCO ARCOS DORADOS HOL 3,000 12,3073 0.0200 36,861.07 REDI sco 083 60.00 60.00 0.00 0.00 USD PerUnit PNT 5/1B/2012 05/29/2012 Sel PBY PEP BOYS MANNYMO — 1,000 11,0700 0.0200 «11,049.75 REDI sco 025 20,00 20,00 0.00 0.00 USD PerUnit PNT 5/18/2012 05/22/2012 Sell ARC RANGE RES CORP 500 61.9500 0.0200 © 30,964.30 AEDI SCO 0.70 10.00 10.00 0.00 0.00 USD PerUnit PNT 5/18/2012 05/292012 Buy LYS LAS VEGAS SANDS CO 500 46.8000 0.0200 © -23.410.00 REDI GSCO 0.00 10.00 10.00 0.00 0.00 USD PerUnit PNT si1e2012 05/23/2012 Shon GOH COACH ING 500 66.2100 0.0200 33,094.25 REDI @sco 075 10.00 10.00 0.00 0.00 USD PerUnit PNT S/1B2012 05/29/2012 Sell PENN PENN NATL GAMING IN 250 44,9400 0.0200 «11,228.74 REDI sco 026 5.00 5.00 0.00 0.00 USD Perunit PNT 5/18/2012 05/23/2012 Cover DKS DICKS SPORTING GOO = =— 1,500 45.4817 0.0200 © 68,252.48 REDI SCO 0.00 20.00 20.00 0.00 0.00 USD PerUnit PNT sie2012 05/29/2012 Sell EBAY EBAY INC 1,500 38.5417 0.0200 «457,781.18 REDI @sco 1.30 30.00 30.00 0.00 0.00 USO PerUnit PNT s/1B/2012 05/29/2012 Sel EWZ ISHARES MSCIBRAZIL 1,500 51,0034 0.0200 =—-76,.473.31 REDI @sco 172 30.00 30.00 0.00 0.00 USO PerUnit PNT 5/18/2012 05/22/2012 Sell = MCP MOLYCORP ING 1,000 19.9140 0.0200 «= 119,893.55 REDI SCO 045 20.00 20.00 0.00 0.00 USD PerUnit PNT 5/18/2012 05/22/2012 Sell § ZNGA ZYNGA CLA 1,500 7.3000 0.0200 = 110,919.74 REDI GSCO 026 20.00 20.00 0.00 0.00 USD PerUnit PNT si1e2012 05/28/2012 Cover CRM SALESFORCE.COM IN 100 144.9100 0.0200 =—-14,493.00 REDI @sco 0.00 2.00 2.00 0.00 0.00 USD PerUnit PNT si1e2012 05/29/2012 Buy AAPL APPLE ING 20 537.4130 0.0200 «(10,748.66 REDI @sco 0.00 040 040 0.00 0.00 USD PerUnit PNT 5/18/2012 05/24/2012 Short ORLY O'REILLY AUTOMOTIVE 400 94.6500 0.0200 «37,851.15 REDI SCO 0.85 8.00 8.00 0.00 0.00 USD PerUnit PNT 5/18/2012 05/29/2012 Buy EWZ ISHARES MSC! BRAZIL 300 51.8700 0.0200 «15,567.00 REDI Gsco 0.00 6.00 6.00 0.00 0.00 USD PerUnit PNT si1e2012 o5/292012 Sel CG CITIGROUP ING 1,000 26.2150 0.0200 26,194.41 RED! sco 059 20.00 20.00 0.00 0.00 USD PerUnit PNT TOTALS: 15,570 501,243.58 USD 796 311.40 311.40 0.00 0.00 RIV 5/18/2012 05/29/2012 Buy FNGN FINANCIAL ENGINES IN 3,973 20.0594 0.0400 79,854.92 JEFA sco 0.00 158.92 79.46 79.46 0.00 USD PerUnit AV 5/18/2012 05/29/2012 Buy = FNGN FINANCIAL ENGINES IN 21,027 20.0288 0.0400 421,966.68 REDI SCO 0.00 841.08 420.54 420.54 0.00 USD PerUnit RIV S62012 05/29/2012 Buy ccK CROWN HOLDINGS IN 10,000 34.3358 0.0400 343,758.25 NITA CSFB 0.00 400.00 200.00 200.00 0.00 USO PerUnit RIV si1e/2012 05/23/2012 Buy CCK CROWN HOLDINGS IN 10,000 34,3358 0.0400 343,758.25 NITA @sco 0.00 400.00 200.00 200.00 0.00 USD Perunit RIV 5/18/2012 05/23/2012 Buy CCK CROWN HOLDINGS IN 2,500 34.2240 0.0400 85,660.00 REDI CSFB 0.00 100.00 50.00 50.00 0.00 USD PerUnit RIV 5/18/2012 05/23/2012 Buy CCK CROWN HOLDINGS IN 2,500 34.2240 0.0400 85,660.00 REDI GSCO 0.00 100.00 50.00 50.00 0.00 USD PerUnit RIV sie2012 05/23/2012 Buy COL ROCKWELL COLLINS | 1,064 50.6097 0.0400 = $3,891.28 NITA CSFB 0.00 42.56 21.28 21.28 0.00 USD PerUnit RIV 5/18/2012 05/29/2012 Buy COL ROCKWELL COLLINS | 1,736 50.6097 0.0400 87,927.88 NITA GSCO 0.00 69.44 34.72 34.72 0.00 USD PerUnit AV 5/18/2012 05/29/2012 Buy COL ROCKWELL COLLINS | 836 50.6200 0.0400 © 42,351.76 REDI CSFB 0.00 33.44 16.72 16.72 0.00 USD PerUnit RIV si1B2012 05/29/2012 Buy COL ROCKWELL COLLINS | 1,364 50,6200 0.000 69,100.24 REDI @sco 0.00 54.56 27.28 27.28 0.00 USD Perunit av si1e/2012 05/29/2012 Sell CALL VOCALTEC COMMUNIC 300 18.1040 0.0400 5419.07 NITA csr 013 12,00 6.00 6.00 0.00 USD PerUnit RIV 5/18/2012 05/29/2012 Sell CALL VOCALTEC COMMUNIC 2,200 18.1040 0.0400 39,739.90 NITA Gsco 0.90 88.00 44.00 44.00 0.00 USD PerUnit RIV 5/18/2012 05/29/2012 Sell CALL VOCALTEC COMMUNIC 200 18.1000 0.0400 5,417.87 REDI CSFB O13 12.00 6.00 6.00 0.00 USD PerUnit RIV S/1B2012 05/29/2012 Sell GALL VOCALTEC COMMUNIC — 2,200 18,1000 0.0400 39,731.10 REDI sco 0.90 88,00 44,00 44.00 0.00 USD PerUnit RIV 5/18/2012 05/23/2012 Sel ST SENSATATECH HOLDI = 3,600 30,3564 0.0400 109,136.60 NITA CSFB 247 144.00 72.00 72.00 0.00 USD PerUnit RIV 5/18/2012 05/29/2012 Sell ST SENSATATECHHOLDI = 9,900 30.3564 0.0400 300,125.86 NITA SCO 676 396.00 198.00 198.00 0.00 USD PerUnit RIV si1e/2012 05/29/2012 Sel ST ‘SENSATA TECH HOLD! 400 30.3433 0.0400 12,121.04 RED! CSFB 028 16.00 8.00 8.00 0.00 USD Perunit Riv sie2012 08/23/2012 Sel ST SENSATATECH HOLD! = 1,100 30,3433 0.000 33,332.88 REDI @sco 075 44.00 22,00 22,00 0.00 USO PerUnit 608 EFTA00284652

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tourmaline Blotter for 5/18/2012 Client Trade Date Settle Date Side Security Description Amount AvgPrice = CommPate NetMoney © Broker = Custedian Fees Commission Tour Poot Street Currency Comm Type AW 5/18/2012 05/24/2012 Shot DHX DICE HOLDING ING 4,893 9.9821 0.0400 48,645.60 NITA CSFB 1.10 195.72 7340 122.93 0.00 USD PerUinit AV 5/18/2012 05/28/2012 Shon DHX DICE HOLDING ING 10,107 9.9838 0.0400 100,498.72 REDI csre 227 404.28 151.61 252.68 0.00 Uso Pertinit RIV 5/18/2012 05/28/2012 Sell MINI MOBILE MINI INC 6.210 13,7250 0.0400 84,961.94 INCE csre 1a 248.40 93.15 155.25 0.00 Uso Pertinit AV 5/18/2012 05/29/2012 Sell MINI MOBILE MINI INC 590 13.7250 0.0400 8,073.98 INCE Gsco 019 23.60 6.85 14.75 0.00 USD PerUinit Alv 5/18/2012 05/29/2012 Sell MINI MOBILE MINI INC 6,492 13.4989 0.0400 87,373.21 NITA csFB 197 259.68 97.98 = 162.30 0.00 USD PerUnit RIV 5/18/2012 05/23/2012 Sell MINI MOBILE MINI INC 615 13.4989 0.0400 8,277.03 NITA @sco O19 24.60 9.23 15.38 0.00 Uso Pertinit RIV 5/18/2012 05/28/2012 Sell MINI MOBILE MINI INC 98 13.7153 0.0400 «13,647.64 REDI csre 03t 39.92 14.97 24.95 0.00 Uso Pertinit AV 5/18/2012 05/29/2012 Sell MINI MOBILE MINI INC 95 13.7159 0.0400 1,299.12 EDI sco 0.03 3.80 1.43 2.38 0.00 USD PerUinit AV siev2012 08/23/2012 Buy WM ISHARES RUSSELL 200 5,500 75.4600 0.0400 415,250.00 REDI csre 0.00 220.00 110.00 110.00 0.00 Uso Pertinit RIV si1ev2012 08/23/2012 Buy WM ISHARES RUSSELL 200 9,500 75.4600 0.0400 717,250.00 REDI @sco 0.00 380.00 190.00 190,00 0.00 USO Pertinit Alv 5/18/2012 05/29/2012 Sell TYC TYCO INTERNATIONAL 30,100 52.4035 0.0400 1,576,108.72 NITA Gsco 35.35 1,204.00 602.00 602.00 0.00 USD PerUinit Av 5/18/2012 05/29/2012 Sell TYG TYCO INTERNATIONAL 69,900 52.4012 0.0400 3,659,962.76 REDI Gsco 82.06 2,796.00 1,998.00 1,396.00 0.00 USD PerUinit AV si1e/2012 08/28/2012 Buy — XAX XEROX CORP 35,000 7.2194 0.0400 254,077.25 NITA csre 0.00 1,400.00 $25.00 875.00 0.00 USO Pertinit RIV 5/18/2012 05/292012 Buy — XAX XEROX CORP 35,000 7.2194 0.0400 254,077.25 NITA 6sco 0.00 1,400.00 $25.00 875.00 0.00 Uso Pertinit Av 5/18/2012 05/29/2012 Buy XAX XEROX CORP 15,000 7.2197 0.0400 108,894.75 REDI CSFB 0.00 600.00 © 225.00 375.00 0.00 USD PerUinit RIV 5/18/2012 05/29/2012 Buy XAX XEROX CORP 15,000 7.2197 0.0400 108,894.75 RED! Gsco 0.00 600.00 = 225.00 375.00 0.00 USD PerUnit RIV 5/18/2012 05/28/2012 Shon WRLD = WORLDACCEPTANCE = 1,300 69.3152 0.0400 90,055.69 NITA csre 203 52.00 26.00 26.00 0.00 Uso Pertinit Alv 5/18/2012 05/29/2012 Shot WRLD = WORLDACCEPTANCE = 1,200 69.3152 0.0400 83,128.33 NITA Gsco 1.87 48.00 24.00 24.00 0.00 USD PerUnit AV 5/18/2012 05/29/2012 Buy SPY SPDRSAPSOOETFTR 1,800 130.4400 0.0400 234,864.00 AEDI CSFB 0.00 72.00 36.00 36.00 0.00 USD PerUinit RIV si1e/2012 08/282012 Buy SPY SPORSBPSODETFTR — 3,200 130.4400 0.0400 417,536.00 REDI sco 0.00 128,00 64.00 64.00 0.00 Uso Pertinit Riv TOTALS: 327,500 10,431,869.27 USD 141.60 13,100.00 5,900.00 7,200.00 0.00 ROY 5/18/2012 05/29/2012 Shon MFRM = MATTRESSFIRMHOLD 9,400 34.4045 0.0300 323,113.16 NITA @sco 7.26 282,00 282.00 0.00 0.00 USO Pertinit ROY 5/18/2012 05/2/2012 Shot MFRM = MATTRESS FIRM HOLD 600 34.0296 0.0300 20,299.30 AEDI Gsco 046 18.00 18.00 0.00 0.00 USD PerUinit ROY 5/18/2012 05/2/2012 Buy — DOX AMDOCS LTD 190,703 29.6847 0.0300 5,686,678.78 NITA Gsco 0.00 5,721.09 5,721.09 0.00 0.00 USD PerUinit ROY = 5/18/2012 05/28/2012 Buy — DOX AMDOCS LTD 11,622 29,7334 0.0300 345,910.23 REDI @sco 0.00 348.66 348.66 0.00 0.00 Uso Pertinit ROY 5/18/2012 05/29/2012 Buy SEMG = SEMGROUP CORP 75,235 29.7027 0.0300 2,236,942.47 NITA Gsco 0.00 2,257.05 2,257.05 0.00 0.00 USD PerUinit ROY 5/18/2012 05/29/2012 Buy SEMG = SEMGROUP CORP 24,765 29.7563 0.0900 737,857.72 REDI Gsco 0.00 742.95 742.95 0.00 0.00 USD PerUinit ROY 5/18/2012 05/28/2012 Shon PHMD PHOTOMEDEX INC 43,011 14,9504 0.0300 643,220.05 NITA sco 14.45 1,293.33 1,293.33 0.00 0.00 Uso Pertinit ROY = 5/18/2012 05/23/2012 Buy BIG BIG LOTS INC 266,634 35.1910 0.0300 9,391,112.49 NITA sco 0.00 7,999.02 7,999.02 0.00 0.00 Uso Pertinit ROY 5/18/2012 05/24/2012 Buy BIG BIG LOTS INC 19,611 34.9202 0.0300 685,408.37 REDI MScO 0.00 588.33 © 588.33 0.00 0.00 USD PerUnit ROY 5/18/2012 05/29/2012 Shon PCLN PRICELINE.COM INC 1,500 635.7609 0.0300 983,874.98 REDI GSco 21.37 45.00 45.00 0.00 0.00 USD PerUinit ROY TOTALS: 643,181 21,004.018.55 USD 4354 19,295.43 19,295.43 0.00 0.00 SOM 5/18/2012 05/23/2012 Buy ADI READING INTERNATIO — 5,000 5.4122 0.0250 27,186.00 REDI Gsec 0.00 125.00 75.00 50.00 0.00 Uso Pertinit SOM —-5/18/2012 05/28/2012 Buy SPA SPARTON CORP 3,000 8.7032 0.0250 26,184.60 NYSE GseC 0.00 75.00 60.00 15.00 0.00 Uso Pertinit SOM 5/18/2012 05/292012 Buy GCA GLOBALCASHACCES — 3,000 6.9028 0.0250 20,782.80 NITA GSEC 0.00 75.00 45.00 30.00 0.00 USD PerUinit SOM 5/18/2012 05/28/2012 Buy ACW ACCURIDE CORP 5,000 5.5825 0.0250 28,037.50 NITA GseC 0.00 125.00 75.00 50.00 0.00 USO Pertinit SOM —-5/18/2012 05/28/2012 Buy ORCO = DYNAMICSRESEARCH 4,000 6.4986 0.0250 26,094.40 NITA Gsec 0.00 100.00 60.00 40.00 0.00 Uso Pertinit Tots EFTA00284653

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tourmaline Blotter for 5/18/2012 Client Trade Date Settle Date Side © Security Description Amount Avg Price CommRate NetMoney Broker Custedian Fees Camn Tour Pool Street Currency Comm Type SOM 5/18/2012 05/28/2012 Buy KTOS KRATOS DEFENSE &S 4,000 5.1945 0.0250 20,878.00 NITA GSEC 0.00 100.00 60.00 40.00 0.00 USO PerUnit SOM 5/18/2012 05/23/2012 Sel MIND MITCHAM IND ING 7,000 18,6081 0.0450 129,939.08 RED! GSEC 292 315.00 105.00 210.00 0.00 USO PerUnit SOM 5/18/2012 05/23/2012 Buy = MBND MULTIBAND CORP 4,000 2.0885 0.0250 8,374.00 REDI 0.00 100,00 60,00 40,00 0.00 USO PerUnit som 5/18/2012 05/24/2012 Buy AMYCN AMERIGANMANGANES 25,000 0.1318 0.0250 3,920.00 CCAD 0.00 625.00 375.00 250.00 0.00 USO PerUnit SOM 5/18/2012 05/29/2012 Buy § ORAD DIGIRAD CP 4,000 2.2729 0.0250 9191.60 REDI 0.00 100.00 60.00 40.00 0.00 USD PerUnit som 5/18/2012 05/29/2012 Sel SFE SAFEGUARD SCIENTIF 2,000 15.1102 0.0450 30,129.72 NITA GSE 0.68 90.00 30.00 60.00 0.00 USO PerUnit SOM 5/18/2012 05/28/2012 Buy GPX GP STRATEGIES CORP — 2,000 14.8800 0.0450 29,850.00 NYSE GSEC 0.00 90.00 40.00 50.00 0.00 USO Pertinit SOM TOTALS 68,000 360,567.70 USD 2.60 1,920.00 1,045.00 875.00 0.00 SPK 5/18/2012 05/29/2012 Sell = MNTA MOMENTA PHARMACE — 22,700 13.7800 0.0000 312,117.99 MAC PMS 7.0t 681.00 227.00 0.00 454.00 USD PerUnit SPK 5/18/2012 05/23/2012 Shon LPX LOUISIANA PAC CORP — 12,100 8.5300 0.0300 102,847.68 CATC PMS 232 363,00 121,00 0.00 242,00 USO PerUnit SPK TOTALS 34,800 414,965.67 USD 9.33 1,044.00 348,00 0.00 696.00 wep 5/18/2012 05/29/2012 Buy HF HFF ING 3,700 48,532.16 REDI 55.50 55.50 uso PerUnit WMP TOTALS 3,700 48,532.16 USD 55.50 55.50 8 of 8 EFTA00284654