CIPHER PHARMACEUTICALS INC

Ticker: CPHRF CUSIP: 17253X105 Class: COM

Tower Research Capital LLC (TRC)'s Holding History (CIK: 0001533421)

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

Q3 2016
Shares 2,100 Value ($000) $8 Avg Close $4.56 Range $3.55 - $5.73
Q2 2016
Shares 1,110 Value ($000) $6 Avg Close $5.70 Range $4.72 - $6.37
Q1 2016
Shares 296 Value ($000) $1 Avg Close $4.39 Range $3.56 - $5.49
Q4 2015
Shares 1,602 Value ($000) $7 Avg Close $4.32 Range $3.57 - $5.60
Q3 2015
Shares 1,333 Value ($000) $5 Avg Close $6.95 Range $3.55 - $10.25
Q2 2015
Shares 1,800 Value ($000) $16 Avg Close $9.96 Range $8.52 - $12.33
Q1 2015
Shares 1,535 Value ($000) $14 Avg Close $12.59 Range $9.07 - $15.28
Q4 2014
Shares 510 Value ($000) $7 Avg Close $12.70 Range $9.06 - $18.00