RAYONIER ADVANCED MATLS INC

Ticker: RYAM CUSIP: 75508B104 Class: COM

STRATEGIC INVESTMENT MANAGEMENT, LLC's Holding History (CIK: 0000846633)

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

Q1 2016

Shares 24,980 Value ($000) $237 Avg Close $7.89 Range $5.88 - $9.98

Q4 2015

Shares 21,831 Value ($000) $213 Avg Close $9.32 Range $6.13 - $13.01

Q1 2015

Shares 12,165 Value ($000) $181 Avg Close $18.22 Range $14.43 - $24.01

Q4 2014

Shares 13,327 Value ($000) $297 Avg Close $26.45 Range $21.37 - $33.50

Q3 2014

Shares 8,955 Value ($000) $294 Avg Close $35.09 Range $28.65 - $44.18

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	24,980	$237	$7.89	$5.88 - $9.98
Q4 2015	21,831	$213	$9.32	$6.13 - $13.01
Q1 2015	12,165	$181	$18.22	$14.43 - $24.01
Q4 2014	13,327	$297	$26.45	$21.37 - $33.50
Q3 2014	8,955	$294	$35.09	$28.65 - $44.18