AMER RLTY CAP HEALTHCAR TR I

CUSIP: 02917R108 Class: COM

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

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

Q4 2014
Shares 14,277,913 Value ($000) $169,907,165 Avg Close — Range —
Q2 2014
Shares 10,685,161 Value ($000) $116,361,403 Avg Close — Range —