CLEARWATER PAPER CORP

Ticker: CLW CUSIP: 18538R103 Class: Common Stock

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q4 2016

Shares 5,100 Value ($000) $334 Avg Close $61.88 Range $50.30 - $68.40

Q3 2014

Shares 6,393 Value ($000) $384 Avg Close $66.11 Range $59.48 - $72.94

Q3 2013

Shares 5,525 Value ($000) $264 Avg Close $48.49 Range $45.13 - $50.40

Q2 2013

Shares 12,500 Value ($000) $588 Avg Close $48.03 Range $44.64 - $52.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	5,100	$334	$61.88	$50.30 - $68.40
Q3 2014	6,393	$384	$66.11	$59.48 - $72.94
Q3 2013	5,525	$264	$48.49	$45.13 - $50.40
Q2 2013	12,500	$588	$48.03	$44.64 - $52.47