SILVER RUN ACQUISITION

CUSIP: 82812A111 Class: *W EXP 03/28/202

K2 PRINCIPAL FUND, L.P.'s Holding History (CIK: 0001461790)

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

Q4 2017
Shares 175,444 Value ($000) $261 Avg Close — Range —
Q3 2017
Shares 186,666 Value ($000) $284 Avg Close — Range —
Q2 2017
Shares 176,666 Value ($000) $317 Avg Close — Range —