ALCOA INC

CUSIP: 013817309 Class: CNV PFD

MASTERS CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001104186)

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

Q3 2016
Shares 874,775 Value ($000) $28,596 Avg Close — Range —
Q2 2016
Shares 874,775 Value ($000) $28,754 Avg Close — Range —
Q1 2016
Shares 900,000 Value ($000) $29,691 Avg Close — Range —
Q4 2015
Shares 500,000 Value ($000) $16,655 Avg Close — Range —
Q3 2015
Shares 500,000 Value ($000) $16,700 Avg Close — Range —
Q1 2015
Shares 400,000 Value ($000) $17,536 Avg Close — Range —
Q4 2014
Shares 400,000 Value ($000) $20,180 Avg Close — Range —