SILICOM LTD

Ticker: SILC CUSIP: M84116108 Class: Foreign Stock

SPHERA FUNDS MANAGEMENT LTD.'s Holding History (CIK: 0001496201)

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

Q1 2014

Shares 32,088 Value ($000) $1,991 Avg Close $54.99 Range $40.05 - $65.39

Q4 2013

Shares 37,821 Value ($000) $1,729 Avg Close $37.32 Range $30.13 - $41.09

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	32,088	$1,991	$54.99	$40.05 - $65.39
Q4 2013	37,821	$1,729	$37.32	$30.13 - $41.09