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| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2012 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 65,000 | -11,000 | $0.50 |
| 09/30/2012 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 76,000 | 16,000 | $0.59 |
| 06/30/2012 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 60,000 | -26,000 | $0.46 |
| 03/31/2012 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 86,000 | 13,000 | $0.66 |
| 12/31/2011 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 56,000 | -17,000 | $0.43 |
| 09/30/2011 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 73,000 | -5,000 | $0.56 |
| 06/30/2011 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 78,000 | -65,000 | $0.60 |
| 03/31/2011 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 143,000 | -6,000 | $1.10 |
| 12/31/2010 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 149,000 | -13,000 | $1.15 |
| 09/30/2010 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 162,000 | 30,000 | $1.25 |
| 06/30/2010 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 132,000 | -40,000 | $1.02 |
| 03/31/2010 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 172,000 | 24,000 | $1.33 |
| 12/31/2009 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 0 | 148,000 | -57,000 | $1.14 |
| 09/30/2009 | INOVIO PHARMACEUTICALS, INC. | INO | 129,633 | 2,333 | 205,000 | 140,000 | $1.58 |
| 06/30/2009 | INOVIO PHARMACEUTICALS, INC. | INO | 127,300 | 0 | 65,000 | 34,000 | $0.51 |
| 03/31/2009 | INOVIO PHARMACEUTICALS, INC. | INO | 127,300 | 127,300 | 31,000 | 31,000 | $0.24 |
| 12/31/2008 | INOVIO PHARMACEUTICALS, INC. | INO | 127,300 | 0 | 43,000 | -7,000 | $0.34 |
| 09/30/2008 | INOVIO PHARMACEUTICALS, INC. | INO | 127,300 | 0 | 50,000 | -39,000 | $0.39 |
| 06/30/2008 | INOVIO PHARMACEUTICALS, INC. | INO | 127,300 | 0 | 89,000 | 9,000 | $0.70 |
| 03/31/2008 | INOVIO PHARMACEUTICALS, INC. | INO | 127,300 | 0 | 80,000 | 1,000 | $0.63 |
| 12/31/2007 | INOVIO PHARMACEUTICALS, INC. | INO | 127,300 | 127,300 | 79,000 | 79,000 | $0.62 |
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