Completed Transactions

John Dutemple sold, for a family account, 600 shares iPath S&P 500 VIX ST (VXX) with a limit order.

Note: VXX is an exchange traded note that generally rises in value with an increase in volatility of the underlying index (the S&P 500). The sales above were profit-taking on an instrument design to perform well in down markets, not an instance of market capitulation.

Mr. Dutemple still has open VXX orders outstanding covered by the initial proposed transaction notice.