SELECT SECTOR SPDR TR

Ticker: XLF CUSIP: 81369Y605 Class: FINANCIAL

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

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

Q3 2016
Shares 12,000 Value ($000) $232 Avg Close — Range —
Q2 2016
Shares 8,000 Value ($000) $183 Avg Close — Range —