From: Vahe Stepanian
Sent: 3/31/2015 11:34:45 AM
To: Paul Morris
Subject: FW: Live TWTR Pricing [C)
Classification: Confidential
2 of 3
From: Vahe Stepanian
Sent: Monday, March 30, 2015 3:02 PM
To: Jeffrey Epstein
Cc: Daniel Sabba; Ariane Dwyer; Richard Kahn
Subject: Live TWTR Pricing [C]
Classification: Confidential
Jeffrey — please find live TWTR pricing below per your request.
q1— Unwind existing TWTR.N European Call options:
Option Buyer: Southern Financial LLC
Option Seller: DB
Shares: 100,000
Expiry: 1/27/2016
Strike $38.9662
Style: European
Ref: $49.11 (Spot)
Offer: $1,377,000 (28.04%)
#2 — Sell TWTR.N European Call options with $50 strike:
Option Seller: Southern Financial Lit
Option Buyer: DB
Shares: 100,000
Expiry: 1/27/2016
Strike $50.00
Style: European
Ref: $49.11 (Spot)
Bid: $718,000 (- 14.62%)
I've included original TWTR trade details (from 1/27/2015) below for your convenience. We will call you to follow up.
Thank you,
Vahe
Vahe Stepanian
Assistant Vice President I Key Client Partners
Deutsche Bank Securities Inc.
CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 116477
CONFIDENTIAL SDNY_GM_00262661
EFTA01457085
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