HERON THERAPEUTICS INC

Ticker: HRTX CUSIP: 427746102 Class: COM

ALPINE WOODS CAPITAL INVESTORS, LLC's Holding History (CIK: 0001226886)

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

Q1 2016

Shares 10,000 Value ($000) $190 Avg Close $19.73 Range $15.22 - $28.10

Q4 2015

Shares 10,000 Value ($000) $267 Avg Close $26.74 Range $20.84 - $31.32

Q3 2015

Shares 10,000 Value ($000) $244 Avg Close $33.33 Range $20.82 - $42.25

Q2 2015

Shares 10,000 Value ($000) $312 Avg Close $18.81 Range $10.60 - $34.03

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	10,000	$190	$19.73	$15.22 - $28.10
Q4 2015	10,000	$267	$26.74	$20.84 - $31.32
Q3 2015	10,000	$244	$33.33	$20.82 - $42.25
Q2 2015	10,000	$312	$18.81	$10.60 - $34.03