VECTOR GROUP LTD

CUSIP: 92240MAY4 Class: CORPORATE OBLIG

GRATIA CAPITAL, LLC's Holding History (CIK: 0001599793)

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

Q4 2014
Shares 756,000 Value ($000) $1,071 Avg Close — Range —
Q3 2014
Shares 2,300,000 Value ($000) $3,354 Avg Close — Range —
Q2 2014
Shares 2,300,000 Value ($000) $3,098 Avg Close — Range —
Q1 2014
Shares 3,200,000 Value ($000) $4,400 Avg Close — Range —