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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1426011	Talon Real Estate Holding Corp.	TALR	Real Estate Investment Trusts (6798)	261771717

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1577268	G Matthew Kaminski	5500 Wayzata Blvd Suite 1070 Minneapolis MN 55416	Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2015-07-24	845,000	$0.00	6,155,000	No	4	G	Indirect	By Spouse
Common Stock	Disposition	2015-07-24	100,000	$1.00	6,055,000	No	4	S	Indirect	By Spouse
Common Stock	Disposition	2015-07-24	480,000	$1.25	5,575,000	No	4	S	Indirect	By Spouse
Common Stock	Disposition	2015-09-28	100,000	$1.25	5,475,000	No	4	S	Indirect	By Spouse
Common Stock	Disposition	2015-09-28	200,000	$0.00	5,275,000	No	4	G	Indirect	By Spouse

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	G	Indirect	By Spouse
No	4	S	Indirect	By Spouse
No	4	S	Indirect	By Spouse
No	4	S	Indirect	By Spouse
No	4	G	Indirect	By Spouse

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	209,190	Indirect	By Trust

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Units	$0.00			0	1	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	0	1	Direct

Footnotes

Details for transactions by First Tracks, LLC which is wholly owned by the reporting person's spouse are reported on Form 4 filed contemporaneously herewith.
These shares are held in the MG Kaminski Revocable Trust for the benefit of the reporting person's spouse. The reporting person and his spouse serve as trustees of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any otherpurpose.
These shares are held by First Tracks, LLC which is wholly owned by the reporting person's spouse. The reporting person may be deemed to have shared voting and investment power over the shares held by First Tracks, LLC. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Redeemable 12 months following date of acquisition. The reporting person received 1 unit of limited partnership interest ("units") of Talon OP, L.P., of which the issuer is the general partner in June 2013. Units are redeemable for a cash amount per unit equal to the value of one share of our common stock or, at the election of the issuer, an equal amount of such shares. Units have no expiration date.