ZS PHARMA INC

CUSIP: 98979G105 Class: Cmn

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q3 2015
Shares 126,726 Value ($000) $8,321 Avg Close — Range —
Q2 2015
Shares 134,954 Value ($000) $7,070 Avg Close — Range —
Q1 2015
Shares 152,754 Value ($000) $6,112 Avg Close — Range —
Q4 2014
Shares 136,924 Value ($000) $5,692 Avg Close — Range —
Q3 2014
Shares 136,204 Value ($000) $5,343 Avg Close — Range —
Q2 2014
Shares 92,250 Value ($000) $2,652 Avg Close — Range —