HERON THERAPEUTICS INC

Ticker: HRTX CUSIP: 427746102 Class: COM

EMERALD ADVISERS, LLC's Holding History (CIK: 0001015083)

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

Q4 2014

Shares 10,350 Value ($000) $104 Avg Close $8.16 Range $6.51 - $10.49

Q3 2014

Shares 305,900 Value ($000) $2,548 Avg Close $9.31 Range $8.22 - $12.70

Q2 2014

Shares 283,850 Value ($000) $3,497 Avg Close $11.95 Range $10.02 - $15.50

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	10,350	$104	$8.16	$6.51 - $10.49
Q3 2014	305,900	$2,548	$9.31	$8.22 - $12.70
Q2 2014	283,850	$3,497	$11.95	$10.02 - $15.50