PROSHARES

CUSIP: 74743B201 Class: COM

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q3 2016
Shares 10,000 Value ($000) $316 Avg Close — Range —
Q2 2016
Shares 8,000 Value ($000) $253 Avg Close — Range —
Q1 2016
Shares 3,000 Value ($000) $110 Avg Close — Range —
Q4 2015
Shares 3,000 Value ($000) $132 Avg Close — Range —
Q3 2015
Shares 3,000 Value ($000) $130 Avg Close — Range —
Q2 2015
Shares 2,375 Value ($000) $118 Avg Close — Range —
Q1 2015
Shares 7,375 Value ($000) $308 Avg Close — Range —
Q4 2014
Shares 11,375 Value ($000) $528 Avg Close — Range —
Q3 2014
Shares 11,375 Value ($000) $640 Avg Close — Range —
Q2 2014
Shares 15,375 Value ($000) $933 Avg Close — Range —
Q1 2014
Shares 18,975 Value ($000) $1,282 Avg Close — Range —
Q4 2013
Shares 15,475 Value ($000) $1,225 Avg Close — Range —
Q3 2013
Shares 19,975 Value ($000) $1,503 Avg Close — Range —
Q2 2013
Shares 36,875 Value ($000) $2,671 Avg Close — Range —