DEPOMED INC

CUSIP: 249908104 Class: CMN

SPHERA FUNDS MANAGEMENT LTD.'s Holding History (CIK: 0001496201)

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

Q3 2015
Shares 360,000 Value ($000) $6,786 Avg Close — Range —
Q2 2015
Shares 180,000 Value ($000) $3,863 Avg Close — Range —
Q1 2015
Shares 200,000 Value ($000) $4,482 Avg Close — Range —