HERSHA HOSPITALITY TR

CUSIP: 427825104 Class: CMN

THIRD AVENUE MANAGEMENT LLC's Holding History (CIK: 0001099281)

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

Q4 2014
Shares 3,581,694 Value ($000) $25,179 Avg Close — Range —
Q3 2014
Shares 6,276,951 Value ($000) $39,984 Avg Close — Range —
Q2 2014
Shares 6,273,031 Value ($000) $42,092 Avg Close — Range —
Q1 2014
Shares 6,258,732 Value ($000) $36,489 Avg Close — Range —
Q4 2013
Shares 6,325,809 Value ($000) $35,235 Avg Close — Range —
Q3 2013
Shares 6,335,167 Value ($000) $35,414 Avg Close — Range —