EMERGENT BIOSOLUTIONS INC

Ticker: EBS CUSIP: 29089Q105 Class: Common Stock

Spark Investment Management LLC's Holding History (CIK: 0001554871)

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

Q3 2016

Shares 35,700 Value ($000) $1,125 Avg Close $29.06 Range $26.12 - $34.10

Q2 2016

Shares 148,800 Value ($000) $4,184 Avg Close $39.20 Range $27.01 - $44.38

Q1 2016

Shares 94,000 Value ($000) $3,416 Avg Close $35.32 Range $31.26 - $39.29

Q4 2015

Shares 94,000 Value ($000) $3,760 Avg Close $34.87 Range $27.68 - $40.49

Q3 2015

Shares 100,500 Value ($000) $2,863 Avg Close $32.95 Range $27.82 - $36.20

Q2 2015

Shares 100,500 Value ($000) $3,311 Avg Close $31.00 Range $28.33 - $33.84

Q1 2015

Shares 50,500 Value ($000) $1,452 Avg Close $28.68 Range $25.97 - $30.96

Q4 2014

Shares 31,600 Value ($000) $860 Avg Close $23.83 Range $19.31 - $28.08

Q3 2014

Shares 31,600 Value ($000) $673 Avg Close $22.90 Range $20.11 - $25.41

Q2 2014

Shares 72,600 Value ($000) $1,630 Avg Close $23.29 Range $20.04 - $27.17

Q1 2014

Shares 128,500 Value ($000) $3,247 Avg Close $25.26 Range $21.72 - $28.48

Q4 2013

Shares 67,000 Value ($000) $1,540 Avg Close $20.85 Range $17.31 - $24.04

Q3 2013

Shares 51,200 Value ($000) $975 Avg Close $17.85 Range $14.49 - $19.53

Q2 2013

Shares 60,600 Value ($000) $873 Avg Close $14.48 Range $13.02 - $15.89

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	35,700	$1,125	$29.06	$26.12 - $34.10
Q2 2016	148,800	$4,184	$39.20	$27.01 - $44.38
Q1 2016	94,000	$3,416	$35.32	$31.26 - $39.29
Q4 2015	94,000	$3,760	$34.87	$27.68 - $40.49
Q3 2015	100,500	$2,863	$32.95	$27.82 - $36.20
Q2 2015	100,500	$3,311	$31.00	$28.33 - $33.84
Q1 2015	50,500	$1,452	$28.68	$25.97 - $30.96
Q4 2014	31,600	$860	$23.83	$19.31 - $28.08
Q3 2014	31,600	$673	$22.90	$20.11 - $25.41
Q2 2014	72,600	$1,630	$23.29	$20.04 - $27.17
Q1 2014	128,500	$3,247	$25.26	$21.72 - $28.48
Q4 2013	67,000	$1,540	$20.85	$17.31 - $24.04
Q3 2013	51,200	$975	$17.85	$14.49 - $19.53
Q2 2013	60,600	$873	$14.48	$13.02 - $15.89