AIR PRODS & CHEMS INC

Ticker: APD CUSIP: 009158106 Class: COM

SPHERA FUNDS MANAGEMENT LTD.'s Holding History (CIK: 0001496201)

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

Q4 2016

Shares 21,165 Value ($000) $3,044 Avg Close $111.62 Range $102.90 - $120.00

Q3 2016

Shares 21,045 Value ($000) $3,164 Avg Close $109.91 Range $100.68 - $115.73

Q1 2016

Shares 14,672 Value ($000) $2,114 Avg Close $94.71 Range $83.03 - $107.22

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	21,165	$3,044	$111.62	$102.90 - $120.00
Q3 2016	21,045	$3,164	$109.91	$100.68 - $115.73
Q1 2016	14,672	$2,114	$94.71	$83.03 - $107.22