13D Filing: Starboard Value LP and Depomed Inc (DEPO)

B.

Starboard S LLC

(a)

As of the close of business on April 5, 2018, Starboard S LLC beneficially owned 430,843 Shares.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 430,843 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 430,843 4. Shared power to dispose or direct the disposition: 0

(c)

The transactions in the Shares by Starboard S LLC since the filing of Amendment No. 8 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

C.

Starboard C LP

(a)

As of the close of business on April 5, 2018, Starboard C LP beneficially owned 239,310 Shares.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 239,310 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 239,310 4. Shared power to dispose or direct the disposition: 0

(c)

The transactions in the Shares by Starboard C LP since the filing of Amendment No. 8 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

D.

Starboard R LP

(a)

Starboard R LP, as the general partner of Starboard C LP, may be deemed the beneficial owner of the 239,310 shares owned by Starboard C LP.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 239,310 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 239,310 4. Shared power to dispose or direct the disposition: 0

(c)

Starboard R LP has not entered into any transactions in the Shares since the filing of Amendment No. 8 to the Schedule 13D. The transactions in the Shares on behalf of Starboard C LP since the filing of Amendment No. 8 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

E.

Starboard R GP

(a)

Starboard R GP, as the general partner of Starboard R LP, may be deemed the beneficial owner of the 239,310 shares owned by Starboard C LP.

Percentage: Less than 1%