ARC DOCUMENT SOLUTIONS INC

CUSIP: 00191G103 Class: COM

PICTON MAHONEY ASSET MANAGEMENT's Holding History (CIK: 0001539041)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015
Shares 60,000 Value ($000) $265 Avg Close — Range —
Q4 2014
Shares 123,500 Value ($000) $1,263 Avg Close — Range —
Q3 2014
Shares 77,500 Value ($000) $628 Avg Close — Range —
Q2 2014
Shares 77,500 Value ($000) $454 Avg Close — Range —
Q1 2014
Shares 77,500 Value ($000) $577 Avg Close — Range —
Q4 2013
Shares 77,500 Value ($000) $637 Avg Close — Range —
Q3 2013
Shares 346,000 Value ($000) $1,588 Avg Close — Range —
Q2 2013
Shares 196,000 Value ($000) $784 Avg Close — Range —