SALLY BEAUTY HLDGS INC

Ticker: SBH CUSIP: 79546E104 Class: Common Stock

CADIAN CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001423686)

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

Q2 2015

Shares 195,300 Value ($000) $6,168 Avg Close $31.74 Range $29.75 - $34.72

Q1 2015

Shares 280,300 Value ($000) $9,634 Avg Close $32.30 Range $28.61 - $35.27

Q4 2014

Shares 161,000 Value ($000) $4,949 Avg Close $29.71 Range $27.05 - $31.77

Q3 2014

Shares 208,000 Value ($000) $5,693 Avg Close $26.51 Range $24.09 - $28.29

Q1 2014

Shares 730,039 Value ($000) $20,003 Avg Close $28.50 Range $26.96 - $31.83

Q4 2013

Shares 315,000 Value ($000) $9,522 Avg Close $27.38 Range $25.27 - $30.46

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	195,300	$6,168	$31.74	$29.75 - $34.72
Q1 2015	280,300	$9,634	$32.30	$28.61 - $35.27
Q4 2014	161,000	$4,949	$29.71	$27.05 - $31.77
Q3 2014	208,000	$5,693	$26.51	$24.09 - $28.29
Q1 2014	730,039	$20,003	$28.50	$26.96 - $31.83
Q4 2013	315,000	$9,522	$27.38	$25.27 - $30.46