HERON THERAPEUTICS INC

Ticker: HRTX CUSIP: 427746102 Class: COM

GAM Holding AG's Holding History (CIK: 0001438848)

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

Q2 2018

Shares 59,100 Value ($000) $2,296 Avg Close $31.84 Range $26.00 - $42.90

Q1 2018

Shares 59,100 Value ($000) $1,631 Avg Close $22.68 Range $17.85 - $32.70

Q4 2017

Shares 59,100 Value ($000) $1,070 Avg Close $16.31 Range $14.40 - $19.55

Q3 2017

Shares 59,100 Value ($000) $954 Avg Close $15.69 Range $12.70 - $17.98

Q2 2017

Shares 59,100 Value ($000) $819 Avg Close $14.48 Range $12.75 - $15.90

Q1 2017

Shares 59,100 Value ($000) $887 Avg Close $13.84 Range $12.21 - $15.60

Q4 2016

Shares 59,100 Value ($000) $774 Avg Close $15.69 Range $12.30 - $20.85

Q3 2016

Shares 59,100 Value ($000) $1,018 Avg Close $18.55 Range $15.36 - $24.00

Q2 2016

Shares 118,200 Value ($000) $2,134 Avg Close $19.52 Range $15.50 - $25.46

Q1 2016

Shares 59,100 Value ($000) $1,122 Avg Close $19.73 Range $15.22 - $28.10

Q4 2015

Shares 41,900 Value ($000) $1,119 Avg Close $26.74 Range $20.84 - $31.32

Q3 2015

Shares 32,500 Value ($000) $793 Avg Close $33.33 Range $20.82 - $42.25

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	59,100	$2,296	$31.84	$26.00 - $42.90
Q1 2018	59,100	$1,631	$22.68	$17.85 - $32.70
Q4 2017	59,100	$1,070	$16.31	$14.40 - $19.55
Q3 2017	59,100	$954	$15.69	$12.70 - $17.98
Q2 2017	59,100	$819	$14.48	$12.75 - $15.90
Q1 2017	59,100	$887	$13.84	$12.21 - $15.60
Q4 2016	59,100	$774	$15.69	$12.30 - $20.85
Q3 2016	59,100	$1,018	$18.55	$15.36 - $24.00
Q2 2016	118,200	$2,134	$19.52	$15.50 - $25.46
Q1 2016	59,100	$1,122	$19.73	$15.22 - $28.10
Q4 2015	41,900	$1,119	$26.74	$20.84 - $31.32
Q3 2015	32,500	$793	$33.33	$20.82 - $42.25