From: Vahe Stepanian To: "jeffrey E." <[email protected]> CC: Daniel Sabba , Ariane D Morris Stewart Oldfield Subject: Twitter Update [C] Date: Wed, 29 Jul 2015 17:59:16 +0000 Embedded: unnamed Inline-Images: image003.jpg er , Paul , Richard Kahn Classification: Confidential Jeffrey — as you may have seen, TWTR reported earnings yesterday after the close and is trading down 13.8% today. Recall that Southern Financial is long 100k TWTR shares on TRS, while also being short TWTR calls. I've included original trade details and a Bloomberg News piece below for your reference. Please let us know if you have questions. Thank you, Vahe 1111-12 US S . :1.46S S 0 7.> K31.46 /31.47P 161x66 oil At 13:47 Vol 66,294,019 0 32.59P H 33.242 L 31.30D val 2.1188 SWEVarrrenr . Twitter Inc Range Har kel View le--- Dater ,-tatmeirr- it 0//11/1S Fr 0//10/15 34.91 10 639 720 Ii 06/19/15 35.86 33,674,913 lb 07/30/15 Th 07/09/15 3436 14,099.347 Th 06/18/15 34.66 19.447,110 we 07/79/15 , 66,290,079 He 0 //08/ IS I -3-4.21 15.527,331 W. 06/1 // 1% 34.69 27,278,537 To 07/28/15 36.54 57,688,647 to 07/07/15 35.52 14.203,167 to 06/16/15 34.82 49,856,071 Fs. 0//7 // 15 34.70 74,629.131 IS. 07/06/15 35.43 11.325,391 II , 06/15/1% 34.67 32.937.110 It 0///4/15 35.42 13.000,824 Ii 0//0 t/ 15 I r 06/11/15 35.90 60.914.449 lb 07/23/15 36.19 10,407,769 Th 07/07/15 35.72 17.663.959 Th 06/11/15 35.84 20,546,962 We 07/11/15 36.09 11.7/2.251 We 07/01/15 35.40 23.674,620 We 06/10/15 35.85 12.634.817 Tu 07/21/15 36.63 12,536,207 111 06/30/15 36.22 26,095,592 111 06/09/15 35.88 14,034.468 ne 0//)0/15 35.81 9,889.748 Ilo 06/29/15 34.21 25.220.715 Het 06/08/15 36.46 11.76/.083 II 07/1//15 35.67 12,838.454 1' 06/26/15 35.26 17.387.971 I , 06/05/15 3/.00 11,854,282 Th 07/16/15 36.10 11,367,681 Ili 06/25/15 35.17 10,756,756 U. 06/04/15 36.71 23,762,920 We 07/15/15 35.66 18,296,837 tre 0