Silverback Asset Management’s Sanofi Contingent Value Rights GCVRZ Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-788,011	Closed	-$442	–	55
2019 Q3	$442	Hold	788,011	–	–	0.07%	46
2019 Q2	$410K	Hold	788,011	–	–	0.06%	45
2019 Q1	$355K	Hold	788,011	–	–	0.06%	38
2018 Q4	$378K	Hold	788,011	–	–	0.07%	46
2018 Q3	$418K	Hold	788,011	–	–	0.07%	42
2018 Q2	$394K	Buy	788,011 +338,011	+75%	+$169K	0.05%	43
2018 Q1	$190K	Hold	450,000	–	–	0.04%	46
2017 Q4	$171K	Hold	450,000	–	–	0.03%	49
2017 Q3	$162K	Hold	450,000	–	–	0.03%	50
2017 Q2	$171K	Buy	+450,000	New	+$171K	0.06%	27
2016 Q1	–	Sell	-861,200	Closed	-$97K	–	76
2015 Q4	$97K	Sell	861,200 -63,100	-7%	-$7.11K	0.02%	39
2015 Q3	$176	Sell	924,300 -102,100	-10%	-$19	0.02%	37
2015 Q2	$718	Hold	1,026,400	–	–	0.1%	38
2015 Q1	$696	Hold	1,026,400	–	–	0.14%	39
2014 Q4	$811K	Buy	1,026,400 +101,800	+11%	+$80.4K	0.1%	40
2014 Q3	$430K	Hold	924,600	–	–	0.05%	39
2014 Q2	$462	Sell	924,600 -657,810	-42%	-$329	0.05%	48
2014 Q1	$491	Sell	1,582,410 -581,099	-27%	-$180	0.03%	50
2013 Q4	$736	Buy	2,163,509 +655,271	+43%	+$223	0.06%	50
2013 Q3	$3.05M	Buy	1,508,238 +508,238	+51%	+$1.03M	0.26%	52
2013 Q2	$1.9K	Buy	+1,000,000	New	+$1.9K	0.17%	47