HEADWATERS INC

CUSIP: 42210P102 Class: COMMON STOCK

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

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

Q1 2017
Shares 935,820 Value ($000) $21,973 Avg Close — Range —
Q4 2016
Shares 707,383 Value ($000) $16,638 Avg Close — Range —