VIPSHOP HLDGS LTD

Ticker: VIPS CUSIP: 92763W103 Class: Foreign Stock

Ionic Capital Management LLC's Holding History (CIK: 0001386462)

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

Q1 2017

Shares 14,194 Value ($000) $189 Avg Close — Range —

Q4 2016

Shares 227,854 Value ($000) $2,509 Avg Close — Range —

Q4 2014

Shares 10,000 Value ($000) $195 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	14,194	$189	—	—
Q4 2016	227,854	$2,509	—	—
Q4 2014	10,000	$195	—	—