Subject: FW: Trade Report 7/2/2015 [SC] From: Vahe Stepanian sz: > Date: Thu, 02 Jul 2015 15:46:28 -0400 To: Richard Kahn Cc: Paul Morris < Stewart Oldfield Daniel Sabba Ariane Dwyer Classification: Strictly Confidential Rich — as per terms of the Credit Support Annex (CSA) between Deutsche Bank and Southern Financial, the IA for the transactions listed below is 7% of the delta of the short call options. Between both transactions, this adds up to be $1,748,250. Calculations are as follows: fcid:[email protected] $1,748,250 will be transferred into SFLLC's collateral account this afternoon. Have a great weekend. Thank you, Vahe From: Vahe Stepanian Sent: Thursday, July 02, 2015 11:42 AM To: 'jeffrey E.' Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; Richard Kahn Subject: Trade Report #2 - 7/2/2015 [C] Classification: Confidential EFTA01404937