TOWNSQUARE MEDIA INC

Ticker: TSQ CUSIP: 892231101 Class: Common Stock

Tiptree Advisors, LLC's Holding History (CIK: 0001455452)

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

Q3 2016

Shares 659,759 Value ($000) $6,162 Avg Close $8.83 Range $7.65 - $9.84

Q2 2016

Shares 690,963 Value ($000) $5,452 Avg Close $9.53 Range $7.30 - $11.25

Q1 2016

Shares 690,963 Value ($000) $7,746 Avg Close $10.37 Range $8.64 - $11.95

Q4 2015

Shares 869,536 Value ($000) $10,400 Avg Close $10.91 Range $9.60 - $12.05

Q3 2015

Shares 910,000 Value ($000) $8,891 Avg Close $12.06 Range $8.60 - $14.13

Q2 2015

Shares 820,300 Value ($000) $11,140 Avg Close $13.27 Range $12.13 - $14.34

Q1 2015

Shares 820,300 Value ($000) $10,541 Avg Close $13.04 Range $11.91 - $14.35

Q4 2014

Shares 780,000 Value ($000) $10,296 Avg Close $12.52 Range $11.38 - $13.83

Q3 2014

Shares 224,453 Value ($000) $2,698 Avg Close $11.25 Range $9.93 - $12.30

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	659,759	$6,162	$8.83	$7.65 - $9.84
Q2 2016	690,963	$5,452	$9.53	$7.30 - $11.25
Q1 2016	690,963	$7,746	$10.37	$8.64 - $11.95
Q4 2015	869,536	$10,400	$10.91	$9.60 - $12.05
Q3 2015	910,000	$8,891	$12.06	$8.60 - $14.13
Q2 2015	820,300	$11,140	$13.27	$12.13 - $14.34
Q1 2015	820,300	$10,541	$13.04	$11.91 - $14.35
Q4 2014	780,000	$10,296	$12.52	$11.38 - $13.83
Q3 2014	224,453	$2,698	$11.25	$9.93 - $12.30