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sd-10-EFTA01461469Dept. of JusticeOther

EFTA Document EFTA01461469

From: Tazia Smith Sent: 3 24 2014 3:21:12 PM To: CC: Subject: AAPL Update... ICI Classification: Confidential Jeffrey - Paul Morris ; Vahe Stepanian • Nav Gupta I I; Vinit Sahni You're long 2k shs of AAPL at 5529 (presently —$538, up 518,000 mtm). You've collected 56.10/sh of dividends since you've owned it as well. You've contemplated overwriting and monetizing the vol on the call side (ex: June 540 calls —521.45 (22.19 implied vol). Spreadsheet below (per your prior request).

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From: Tazia Smith Sent: 3 24 2014 3:21:12 PM To: CC: Subject: AAPL Update... ICI Classification: Confidential Jeffrey - Paul Morris ; Vahe Stepanian • Nav Gupta I I; Vinit Sahni You're long 2k shs of AAPL at 5529 (presently —$538, up 518,000 mtm). You've collected 56.10/sh of dividends since you've owned it as well. You've contemplated overwriting and monetizing the vol on the call side (ex: June 540 calls —521.45 (22.19 implied vol). Spreadsheet below (per your prior request).

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From: Tazia Smith Sent: 3 24 2014 3:21:12 PM To: CC: Subject: AAPL Update... ICI Classification: Confidential Jeffrey - Paul Morris ; Vahe Stepanian • Nav Gupta I I; Vinit Sahni You're long 2k shs of AAPL at 5529 (presently —$538, up 518,000 mtm). You've collected 56.10/sh of dividends since you've owned it as well. You've contemplated overwriting and monetizing the vol on the call side (ex: June 540 calls —521.45 (22.19 implied vol). Spreadsheet below (per your prior request). AAPL 6mo Price History AAPL US 1 53A99 +5.12 Q537.95/538.007 2 1 Al At 15:13 Vol 9 670 479 C 538.42D H 540.508 I. 535.06 ' 5.2036 9! Save As 90 Actions ="" VA Edit -Pr-9f) Table Line Chart gm :: Compare Mov. INIIMMI "'Mr 09:'2412013 1D 3D 1? I 6H YTC 1Y SY Max ()ally v a e. ."` OR Last Price 537.99 '1' Track x Annotate - News Zoom T High on 12/23/13 570.09 -0- Average 528.50 1 Low on 09/30/13 476.75 Last price h inn ~I Oct y•volume 9.670M SMAVG (15) 8.357M I Dec Jan Feb 2013 2014 Mar 560 537.99 529.06 520 500 480 30M 20M 0 Used with permission of Bloomberg Finance LP as of 3/24/14 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 123538 SDNY_GM_00269722 EFTA01461469

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