INTERCEPT PHARMACEUTICALS IN

CUSIP: 45845P108 Class: Common Stock

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q4 2014
Shares 1,498 Value ($000) $234 Avg Close — Range —
Q3 2014
Shares 1,498 Value ($000) $355 Avg Close — Range —
Q2 2014
Shares 1,348 Value ($000) $319 Avg Close — Range —
Q1 2014
Shares 2,344 Value ($000) $773 Avg Close — Range —
Q4 2013
Shares 4,917 Value ($000) $336 Avg Close — Range —
Q3 2013
Shares 4,917 Value ($000) $339 Avg Close — Range —