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MORGAN STANLEY
> SHOR
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2017 | ShoreTel Inc | SHOR | 214,712 | -92,110 | 1,320 | -2,192,680 | $0.01 |
| 12/31/2016 | ShoreTel Inc | SHOR | 306,822 | -221,369 | 2,194,000 | -2,032,000 | $7.15 |
| 09/30/2016 | ShoreTel Inc | SHOR | 528,191 | 528,191 | 4,226,000 | 4,226,000 | $8.00 |
| 06/30/2016 | ShoreTel Inc | SHOR | 689,415 | 689,415 | 4,612,000 | 4,612,000 | $6.69 |
| 03/31/2016 | ShoreTel Inc | SHOR | 411,557 | 411,557 | 3,061,000 | 3,061,000 | $7.44 |
| 12/31/2015 | ShoreTel Inc | SHOR | 685,307 | 685,307 | 6,065,000 | 6,065,000 | $8.85 |
| 09/30/2015 | ShoreTel Inc | SHOR | 342,692 | 342,692 | 2,560,000 | 2,560,000 | $7.47 |
| 06/30/2015 | ShoreTel Inc | SHOR | 220,452 | 220,452 | 1,495,000 | 1,495,000 | $6.78 |
| 03/31/2015 | ShoreTel Inc | SHOR | 186,247 | 186,247 | 1,270,000 | 1,270,000 | $6.82 |
| 12/31/2014 | ShoreTel Inc | SHOR | 261,855 | 261,855 | 1,925,000 | 1,925,000 | $7.35 |
| 09/30/2014 | ShoreTel Inc | SHOR | 186,634 | 186,634 | 1,241,000 | 1,241,000 | $6.65 |
| 06/30/2014 | ShoreTel Inc | SHOR | 194,345 | 194,345 | 1,268,000 | 1,268,000 | $6.52 |
| 03/31/2014 | ShoreTel Inc | SHOR | 124,073 | 124,073 | 1,066,000 | 1,066,000 | $8.59 |
| 12/31/2013 | ShoreTel Inc | SHOR | 112,203 | 112,203 | 1,041,000 | 1,041,000 | $9.28 |
| 09/30/2013 | ShoreTel Inc | SHOR | 29,098 | 29,098 | 176,000 | 176,000 | $6.05 |
| 06/30/2013 | ShoreTel Inc | SHOR | 17,756 | 17,756 | 72,000 | 72,000 | $4.05 |
| 03/31/2013 | ShoreTel Inc | SHOR | 0 | -70,723 | 0 | -300,000 | |
| 12/31/2012 | ShoreTel Inc | SHOR | 70,723 | 37,142 | 300,000 | 163,000 | $4.24 |
| 09/30/2012 | ShoreTel Inc | SHOR | 33,581 | -30,407 | 137,000 | -144,000 | $4.08 |
| 06/30/2012 | ShoreTel Inc | SHOR | 63,988 | -90,876 | 281,000 | -597,000 | $4.39 |
| 03/31/2012 | ShoreTel Inc | SHOR | 154,864 | 84,061 | 878,000 | 526,000 | $5.67 |
| 12/31/2011 | ShoreTel Inc | SHOR | 26,187 | -44,616 | 166,000 | -186,000 | $6.34 |
| 09/30/2011 | ShoreTel Inc | SHOR | 70,803 | 15,142 | 352,000 | -216,000 | $4.97 |
| 08/03/2011 | ShoreTel Inc | SHOR | 55,661 | 20,117 | 568,000 | 275,000 | $10.20 |
| 03/31/2011 | ShoreTel Inc | SHOR | 35,544 | 930 | 293,000 | 22,000 | $8.24 |
| 12/31/2010 | ShoreTel Inc | SHOR | 34,614 | -35,314 | 271,000 | -75,000 | $7.83 |
| 09/30/2010 | ShoreTel Inc | SHOR | 69,928 | 46,534 | 346,000 | 237,000 | $4.95 |
| 06/30/2010 | ShoreTel Inc | SHOR | 23,394 | 9,355 | 109,000 | 17,000 | $4.66 |
| 03/31/2010 | ShoreTel Inc | SHOR | 14,039 | -538 | 92,000 | 8,000 | $6.55 |
| 12/31/2009 | ShoreTel Inc | SHOR | 14,577 | -36,231 | 84,000 | -313,000 | $5.76 |
| 09/30/2009 | ShoreTel Inc | SHOR | 50,808 | 50,808 | 397,000 | 397,000 | $7.81 |
| 09/30/2008 | ShoreTel Inc | SHOR | 0 | -60,736 | 0 | -269,000 | |
| 06/30/2008 | ShoreTel Inc | SHOR | 60,736 | 39,927 | 269,000 | -22,000 | $4.43 |
| 12/31/2007 | ShoreTel Inc | SHOR | 20,809 | 20,809 | 291,000 | 291,000 | $13.98 |
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