MORGAN STANLEY

Ticker: MS CUSIP: 617446448 Class: COM

Gator Capital Management, LLC's Holding History (CIK: 0001570284)

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

Q4 2015

Shares 50,786 Value ($000) $1,616 Avg Close $25.00 Range $22.61 - $26.92

Q3 2015

Shares 56,140 Value ($000) $1,768 Avg Close $27.26 Range $22.80 - $30.66

Q2 2015

Shares 64,172 Value ($000) $2,489 Avg Close $28.39 Range $26.31 - $30.07

Q1 2015

Shares 66,440 Value ($000) $2,371 Avg Close $26.67 Range $25.09 - $29.04

Q4 2014

Shares 70,813 Value ($000) $2,735 Avg Close $26.37 Range $23.19 - $29.07

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	50,786	$1,616	$25.00	$22.61 - $26.92
Q3 2015	56,140	$1,768	$27.26	$22.80 - $30.66
Q2 2015	64,172	$2,489	$28.39	$26.31 - $30.07
Q1 2015	66,440	$2,371	$26.67	$25.09 - $29.04
Q4 2014	70,813	$2,735	$26.37	$23.19 - $29.07