RECEPTOS INC

CUSIP: 756207106 Class: COMMON STOCK

SPHERA FUNDS MANAGEMENT LTD.'s Holding History (CIK: 0001496201)

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

Q2 2015

Shares 20,000 Value ($000) $3,801 Avg Close — Range —

Q1 2015

Shares 17,500 Value ($000) $2,886 Avg Close — Range —

Q4 2014

Shares 30,000 Value ($000) $3,675 Avg Close — Range —

Q3 2014

Shares 25,000 Value ($000) $1,553 Avg Close — Range —

Q2 2014

Shares 60,000 Value ($000) $2,556 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	20,000	$3,801	—	—
Q1 2015	17,500	$2,886	—	—
Q4 2014	30,000	$3,675	—	—
Q3 2014	25,000	$1,553	—	—
Q2 2014	60,000	$2,556	—	—