BPZ RESOURCES INC

CUSIP: 055639AC2 Class: Bond

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

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

Q4 2014
Shares 5,201,000 Value ($000) $1,661,069 Avg Close — Range —
Q3 2014
Shares 7,072,000 Value ($000) $6,943,820 Avg Close — Range —
Q2 2014
Shares 7,072,000 Value ($000) $8,318,440 Avg Close — Range —