PROTECTIVE LIFE CORP

CUSIP: 743674103 Class: COM

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

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

Q4 2014
Shares 2,562,628 Value ($000) $178,487,040 Avg Close — Range —
Q3 2014
Shares 1,820,872 Value ($000) $126,386,726 Avg Close — Range —
Q2 2014
Shares 2,170,870 Value ($000) $150,506,417 Avg Close — Range —