ARQULE INC

CUSIP: 04269E107 Class: Common Stock

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q4 2014
Shares 13,090 Value ($000) $16 Avg Close — Range —
Q3 2014
Shares 53,890 Value ($000) $60 Avg Close — Range —
Q2 2014
Shares 71,890 Value ($000) $111 Avg Close — Range —
Q1 2014
Shares 90,300 Value ($000) $185 Avg Close — Range —