TOWER SEMICONDUCTOR LTD

Ticker: TSEM CUSIP: M87915274 Class: Com

PIPER SANDLER & CO.'s Holding History (CIK: 0000724683)

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

Q2 2015

Shares 30,000 Value ($000) $463 Avg Close $16.01 Range $13.82 - $17.98

Q1 2015

Shares 25,000 Value ($000) $425 Avg Close $15.34 Range $12.41 - $18.29

Q4 2014

Shares 22,500 Value ($000) $300 Avg Close $11.22 Range $8.64 - $14.26

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	30,000	$463	$16.01	$13.82 - $17.98
Q1 2015	25,000	$425	$15.34	$12.41 - $18.29
Q4 2014	22,500	$300	$11.22	$8.64 - $14.26