X0306 4 2016-08-19 1 0001549872 XURA, INC. MESG 0001458693 Drapkin Matthew A C/O NORTHERN RIGHT CAPITAL MANAGEMENT, L.P., 10 CORBIN DRIVE, 3RD FLOOR DARIEN CT 06820 1 0 0 0 Common Stock 2016-08-19 4 D 0 11679 25.00 D 0 D Common Stock 2016-08-19 4 D 0 205027 25.00 D 0 I See footnotes Common Stock 2016-08-19 4 D 0 292128 25.00 D 0 I See footnotes Common Stock 2016-08-19 4 D 0 282738 25.00 D 0 I See footnotes Common Stock 2016-08-19 4 D 0 189414 25.00 D 0 I See footnotes Common Stock 2016-08-19 4 D 0 478136 25.00 D 0 I See footnotes Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 23, 2016, by and among Sierra Private Holdings II, LLC, a UK company ("Parent"), Sierra Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), and the Issuer, on August 19, 2016 (the "Effective Date"), Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Parent. Pursuant to the terms of the Merger Agreement, on the Effective Date, each outstanding share of the Issuers' Common Stock and each Director Stock Unit was converted into the right to receive a cash payment of $25.00. Represents Common Stock and Director Stock Units of the Issuer that were directly held by Mr. Drapkin. Represents Common Stock of the Issuer that was directly held by Northern Right Capital (QP), L.P. ("Northern Right QP"). Represents Common Stock of the Issuer that was directly held by Becker Drapkin Partners SLV, Ltd. ("BD SLV"). Represents Common Stock of the Issuer that was directly held by a managed account on behalf of an investment advisory client (the "Managed Account") of Northern Right Capital Management, L.P. ("Northern Right Management"). Represents Common Stock of the Issuer that was directly held by BD Partners VII, L.P. ("BD VII"). Represents Common Stock of the Issuer that was directly held by BD Partners VII SPV, L.P. ("BD VII SPV"). Mr. Drapkin may have been deemed to beneficially own such Common Stock as he is a member of BC Advisors, LLC, which is the general partner of Northern Right Management (of which Mr. Drapkin is a limited partner), and Northern Right Management is the general partner of, and investment manager for, each of Northern Right QP, BD VII, and BD VII SPV, and the investment manager for each of BD SLV and the Managed Account. Mr. Drapkin disclaimed beneficial ownership in such Common Stock except to the extent of his pecuniary interest therein. /s/ Matthew A. Drapkin 2016-08-23