YAHOO INC

CUSIP: 984332AF3 Class: NOTE 12/0

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

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

Q2 2016
Shares 1,000,000 Value ($000) $993 Avg Close — Range —
Q1 2016
Shares 1,000,000 Value ($000) $988 Avg Close — Range —