HERON THERAPEUTICS INC

Ticker: HRTX CUSIP: 427746102 Class: COM

SABBY MANAGEMENT, LLC's Holding History (CIK: 0001535610)

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

Q3 2015

Shares 160,323 Value ($000) $3,912 Avg Close $33.33 Range $20.82 - $42.25

Q4 2014

Shares 162,900 Value ($000) $1,639 Avg Close $8.16 Range $6.51 - $10.49

Q3 2014

Shares 185,000 Value ($000) $1,541 Avg Close $9.31 Range $8.22 - $12.70

Q2 2014

Shares 135,281 Value ($000) $1,667 Avg Close $11.95 Range $10.02 - $15.50

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	160,323	$3,912	$33.33	$20.82 - $42.25
Q4 2014	162,900	$1,639	$8.16	$6.51 - $10.49
Q3 2014	185,000	$1,541	$9.31	$8.22 - $12.70
Q2 2014	135,281	$1,667	$11.95	$10.02 - $15.50