ARROWHEAD RESH CORP

CUSIP: 042797209 Class: COM

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

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

Q4 2013
Shares 13,036 Value ($000) $141 Avg Close — Range —
Q3 2013
Shares 33,179 Value ($000) $189 Avg Close — Range —