TIME WARNER INC

CUSIP: 887317303 Class: COM NEW

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

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

Q1 2018
Shares 40,833 Value ($000) $3,862 Avg Close — Range —
Q4 2017
Shares 31,925 Value ($000) $2,925 Avg Close — Range —
Q3 2017
Shares 20,765 Value ($000) $2,127 Avg Close — Range —
Q2 2017
Shares 22,215 Value ($000) $2,231 Avg Close — Range —
Q1 2017
Shares 19,015 Value ($000) $1,858 Avg Close — Range —
Q4 2016
Shares 17,980 Value ($000) $1,736 Avg Close — Range —
Q3 2016
Shares 20,505 Value ($000) $1,632 Avg Close — Range —
Q2 2016
Shares 20,705 Value ($000) $1,523 Avg Close — Range —
Q1 2016
Shares 20,705 Value ($000) $1,502 Avg Close — Range —
Q4 2015
Shares 10,850 Value ($000) $702 Avg Close — Range —