VHCP Management, LLC

Holdings History for DBV Technologies S.A. - Ordinary shares, nominal value EUR0.10 per share (the "Shares")

Investment type: Equity / Ordinary shares, nominal value EUR0.10 per share (the "Shares")

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Dec 2016	33%	0%	$31,130,000	456,893	0		$68.13	Q4 2016
30 Sep 2016	32%	0%	$32,492,000	456,893	0		$71.12	Q3 2016
30 Jun 2016	30%	0%	$29,114,000	456,893	0		$63.72	Q2 2016
31 Mar 2016	25%	-0.37%	$29,018,000	456,893	-6,750	-1.5%	$63.51	Q1 2016
31 Dec 2015	20%	-9.8%	$32,506,000	463,643	-230,167	-33%	$70.11	Q4 2015
30 Sep 2015	12%	0%	$45,612,000	693,810	0		$65.74	Q3 2015
30 Jun 2015	10%	0%	$37,149,000	693,810	0		$53.54	Q2 2015
31 Mar 2015	6.8%	0%	$29,572,000	693,810	0		$42.62	Q1 2015
31 Dec 2014	9.5%	+1.8%	$34,455,000	693,810	+128,810	+23%	$49.66	Q4 2014
30 Sep 2014	12%	+1.8%	$26,334,000	565,000	+85,000	+18%	$46.61	Q3 2014
30 Jun 2014	6.7%	0%	$12,451,000	480,000	0		$25.94	Q2 2014
31 Mar 2014	6.2%	0%	$11,980,000	480,000	0		$24.96	Q1 2014
31 Dec 2013	3.9%	0%	$7,176,000	480,000	0		$14.95	Q4 2013

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.