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TFS CAPITAL LLC
> TIER
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2017 | TIER REIT INC | TIER | 0 | -67,456 | 0 | -1,247,000 | |
| 06/30/2017 | TIER REIT INC | TIER | 67,456 | 31 | 1,247,000 | 77,000 | $18.49 |
| 03/31/2017 | TIER REIT INC | TIER | 67,425 | -13,036 | 1,170,000 | -229,000 | $17.35 |
| 12/31/2016 | TIER REIT INC | TIER | 80,461 | 38,462 | 1,399,000 | 755,000 | $17.39 |
| 06/30/2016 | TIER REIT INC | TIER | 41,999 | 41,999 | 644,000 | 644,000 | $15.33 |
| 03/31/2016 | TIER REIT INC | TIER | 10,744 | 10,744 | 144,000 | 144,000 | $13.40 |
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