Omega Fund Management’s Palvella Therapeutics, Inc. Common Stock PVLA Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2021 Q2	–	Sell	-225,741	Closed	-$580K	–	24
2021 Q1	$580K	Sell	225,741 -525,000	-70%	-$1.35M	0.05%	24
2020 Q4	$1.88M	Hold	750,741	–	–	0.28%	19
2020 Q3	$1.55M	Hold	750,741	–	–	0.42%	16
2020 Q2	$2.33M	Hold	750,741	–	–	0.64%	15
2020 Q1	$1.71M	Hold	750,741	–	–	0.71%	16
2019 Q4	$2.72M	Hold	750,741	–	–	0.87%	14
2019 Q3	$2.56M	Sell	750,741 -3,716	-0.5%	-$12.7K	0.79%	13
2019 Q2	$3.55M	Sell	754,457 -23,773	-3%	-$112K	0.9%	11
2019 Q1	$2.61M	Hold	778,230	–	–	0.84%	11
2018 Q4	$2.07M	Hold	778,230	–	–	1.53%	10
2018 Q3	$4.36M	Hold	778,230	–	–	2.06%	10
2018 Q2	$3.95M	Hold	778,230	–	–	2.91%	11
2018 Q1	$5.31M	Sell	778,230 -125,823	-14%	-$858K	5.22%	7
2017 Q4	$6.83M	Sell	904,053 -300,000	-25%	-$2.27M	4.94%	6
2017 Q3	$6.94M	Sell	1,204,053 -163,200	-12%	-$940K	3.92%	6
2017 Q2	$6.92M	Sell	1,367,253 -330,131	-19%	-$1.67M	4.32%	6
2017 Q1	$4.41M	Hold	1,697,384	–	–	2.87%	8
2016 Q4	$2.38M	Sell	1,697,384 -151,600	-8%	-$212K	1.93%	8
2016 Q3	$3.38M	Sell	1,848,984 -413,848	-18%	-$757K	2.58%	7
2016 Q2	$3.64M	Sell	2,262,832 -221,117	-9%	-$356K	2.7%	7
2016 Q1	$4.72M	Hold	2,483,949	–	–	3.27%	7
2015 Q4	$5.69M	Hold	2,483,949	–	–	3.17%	6
2015 Q3	$4.55M	Buy	+2,483,949	New	+$4.55M	2.56%	7