| Date | Name | Symbol | Type | Security | Shares | Price | Value | Ownership | Reported |
| 05/08/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 9.5k | $0.39 | $3.7k | By Laurus Master Fund, Ltd. | 05/07/2012 |
| 05/08/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 5.3k | $0.39 | $2k | By Valens U.S. SPV I, LLC | 05/07/2012 |
| 05/08/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 37.1k | $0.39 | $14.5k | By Valens Offshore SPV I, Ltd. | 05/07/2012 |
| 05/08/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 23.3k | $0.39 | $9.1k | By PSource Structured Debt Ltd. | 05/07/2012 |
| 05/07/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 4.9k | $0.40 | $1.9k | By Laurus Master Fund, Ltd. | 05/07/2012 |
| 05/07/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 2.7k | $0.40 | $1.1k | By Valens U.S. SPV I, LLC | 05/07/2012 |
| 05/07/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 19k | $0.40 | $7.6k | By Valens Offshore SPV I, Ltd. | 05/07/2012 |
| 05/07/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 11.9k | $0.40 | $4.8k | By PSource Structured Debt Ltd. | 05/07/2012 |
| 05/04/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 7.6k | $0.40 | $3k | By Laurus Master Fund, Ltd. | 05/03/2012 |
| 05/04/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 4.2k | $0.40 | $1.7k | By Valens U.S. SPV I, LLC | 05/03/2012 |
| 05/04/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 29.6k | $0.40 | $11.8k | By Valens Offshore SPV I, Ltd. | 05/03/2012 |
| 05/04/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 18.6k | $0.40 | $7.4k | By PSource Structured Debt Ltd. | 05/03/2012 |
| 05/03/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 4k | $0.40 | $1.6k | By Laurus Master Fund, Ltd. | 05/03/2012 |
| 05/03/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 2.2k | $0.40 | $894.4 | By Valens U.S. SPV I, LLC | 05/03/2012 |
| 05/03/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 15.8k | $0.40 | $6.3k | By Valens Offshore SPV I, Ltd. | 05/03/2012 |
| 05/03/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 9.9k | $0.40 | $4k | By PSource Structured Debt Ltd. | 05/03/2012 |
| 05/02/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 6.6k | $0.40 | $2.6k | By Laurus Master Fund, Ltd. | 05/01/2012 |
| 05/02/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 3.6k | $0.40 | $1.4k | By Valens U.S. SPV I, LLC | 05/01/2012 |
| 05/02/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 25.6k | $0.40 | $10.2k | By Valens Offshore SPV I, Ltd. | 05/01/2012 |
| 05/02/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 16.1k | $0.40 | $6.4k | By PSource Structured Debt Ltd. | 05/01/2012 |
| 05/02/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 6.6k | $0.40 | $2.6k | By Laurus Master Fund, Ltd. | 05/01/2012 |
| 05/02/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 3.6k | $0.40 | $1.4k | By Valens U.S. SPV I, LLC | 05/01/2012 |
| 05/02/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 25.6k | $0.40 | $10.2k | By Valens Offshore SPV I, Ltd. | 05/01/2012 |
| 05/02/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 16.1k | $0.40 | $6.4k | By PSource Structured Debt Ltd. | 05/01/2012 |
| 05/01/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 5.7k | $0.40 | $2.3k | By Laurus Master Fund, Ltd. | 05/01/2012 |
| 05/01/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 3.2k | $0.40 | $1.3k | By Valens U.S. SPV I, LLC | 05/01/2012 |
| 05/01/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 22.4k | $0.40 | $8.9k | By Valens Offshore SPV I, Ltd. | 05/01/2012 |
| 05/01/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 14k | $0.40 | $5.6k | By PSource Structured Debt Ltd. | 05/01/2012 |
| 05/01/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 5.7k | $0.40 | $2.3k | By Laurus Master Fund, Ltd. | 05/01/2012 |
| 05/01/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 3.2k | $0.40 | $1.3k | By Valens U.S. SPV I, LLC | 05/01/2012 |
| 05/01/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 22.4k | $0.40 | $8.9k | By Valens Offshore SPV I, Ltd. | 05/01/2012 |
| 05/01/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 14k | $0.40 | $5.6k | By PSource Structured Debt Ltd. | 05/01/2012 |
| 04/27/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 1.1k | $0.41 | $441.2 | By Laurus Master Fund, Ltd. | 04/27/2012 |
| 04/27/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 593 | $0.41 | $243.1 | By Valens U.S. SPV I, LLC | 04/27/2012 |
| 04/27/2012 | BIOVEST INTERNATIONAL INC | BVTI | Sale | Common Stock, par value $0.01 per share | 4.2k | $0.41 | $1.7k | By Valens Offshore SPV I, Ltd. | 04/27/2012 |
|