THERAVANCE BIOPHARMA INC

Ticker: TBPH CUSIP: G8807B106 Class: Common Stock

ARMISTICE CAPITAL, LLC's Holding History (CIK: 0001601086)

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

Q2 2018

Shares 1,180,000 Value ($000) $26,762 Avg Close $23.74 Range $21.27 - $26.00

Q1 2016

Shares 400,000 Value ($000) $7,520 Avg Close $16.36 Range $12.87 - $19.00

Q2 2015

Shares 974,000 Value ($000) $12,681 Avg Close $15.51 Range $12.52 - $18.92

Q1 2015

Shares 512,000 Value ($000) $8,883 Avg Close $18.33 Range $14.59 - $22.00

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	1,180,000	$26,762	$23.74	$21.27 - $26.00
Q1 2016	400,000	$7,520	$16.36	$12.87 - $19.00
Q2 2015	974,000	$12,681	$15.51	$12.52 - $18.92
Q1 2015	512,000	$8,883	$18.33	$14.59 - $22.00