MERRIMACK PHARMACEUTICALS IN

CUSIP: 590328100 Class: CMN

DAFNA Capital Management LLC's Holding History (CIK: 0001389933)

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

Q1 2014
Shares 514,853 Value ($000) $2,595 Avg Close — Range —
Q4 2013
Shares 342,453 Value ($000) $1,826 Avg Close — Range —
Q3 2013
Shares 181,153 Value ($000) $687 Avg Close — Range —