SNAP INC

Ticker: SNAP CUSIP: 83304A106 Class: EQTY

Narwhal Capital Management's Holding History (CIK: 0001461287)

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

Q4 2017

Shares 26,500 Value ($000) $394 Avg Close $14.58 Range $12.10 - $16.88

Q3 2017

Shares 31,150 Value ($000) $453 Avg Close $14.47 Range $11.28 - $17.92

Q2 2017

Shares 35,150 Value ($000) $625 Avg Close $20.16 Range $17.00 - $23.57

Q1 2017

Shares 12,500 Value ($000) $282 Avg Close $22.16 Range $18.90 - $29.44

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	26,500	$394	$14.58	$12.10 - $16.88
Q3 2017	31,150	$453	$14.47	$11.28 - $17.92
Q2 2017	35,150	$625	$20.16	$17.00 - $23.57
Q1 2017	12,500	$282	$22.16	$18.90 - $29.44