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egards, Daniel EFTA00865655 From: Daniel Sabba Sent: Wednesday, January 21, 2015 3:22 PM To: Jeffrey Epstein Cc: Vahe Stepanian; Richard Kahn; Paul Morris Subject: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Per our chat yesterday, we wanted to follow-up on ma
on this matter. Regards, Daniel From: Daniel Sabba Sent: Thursday, January 22, 2015 5:21 PM To: Jeffrey Epstein Cc: Vahe Stepanian; Richard Kahn; Paul Morris; Subject: RE: 1Witter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, I wanted to share with you a draft confirmation on
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: EFTA00865656 Option Seller: Southern Financial LLC Option Buyer: D
> Date: Tue, 20 Jan 2015 14:10:48 -0500 To: Paul Morris ‹ > Classification: Confidential Thanks. Would be easier if he would just copy me From: Paul Morris Sent: Tuesday, January 20, 2015 12:18 PM To: Stewart Oldfield Subject: Fw: Twitter follow-up - TRS + short calls [C] Classification: Confidential
Subject: Re: Twitter follow-up - TRS + short calls [C] From: Stewart Oldfield ‹ > Date: Tue, 20 Jan 2015 14:10:48 -0500 To: Paul Morris ‹ > Classification: Confidential Thanks. Would be easier if he would just copy me From: Paul Morris Sent: Tuesday, January 20, 2015 12:18 PM To: S
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer: DB Notional:
Subject: Re: Twitter follow-up - TRS + short calls [C] From: Paul Morris <E > Date: Tue, 20 Jan 2015 18:12:14 -0500 To: Daniel Sabba <M > Classification: Confidential Did he trade today Seeing him friday From: Daniel
y From: Daniel Sabba Sent: Tuesday, January 20, 2015 09:44 AM To: Jeffrey Epstein <[email protected]> Cc: Vahe Stepanian; Richard Kahn <M I>; Paul Morris Subject: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly o
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer: DB Notional:
Subject: Re: Twitter follow-up - TRS + short calls [C] From: Paul Morris a> Date: Tue, 20 Jan 2015 18:19:33 -0500 To: Daniel Sabba Classification: Confidential Ok Yes me and chip Let's go through other names friday
sification: Confidential Ok Yes me and chip Let's go through other names friday From: Daniel Sabba Sent: Tuesday, January 20, 2015 05:16 PM To: Paul Morris Subject: Re: Twitter follow-up - TRS + short calls [C] Classification: Confidential We spoke when he landed in florida. Haven't traded yet. Follo
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: EFTA01471966 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer:
s ‹ > Classification: Confidential We spoke when he landed in florida. Haven't traded yet. Following up tomorrow. Can chip make on friday? From: Paul Morris Sent: Tuesday, January 20, 2015 06:12 PM To: Daniel Sabba Subject: Re: Twitter follow-up - TRS + short calls [C] Classification: Confidential Di
Subject: Re: Twitter follow-up - TRS + short calls [C] From: Daniel Sabba ‹ > Date: Tue, 20 Jan 2015 18:16:19 -0500 To: Paul Morris ‹ > Classification: Confidential We spoke when he landed in florida. Haven't traded yet. Following up tomorrow. Can chip make on friday? From: Pau
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC EFTA01471962 Option Buyer:
From: Paul Morris Sent: 1/20/2015 1:18:13 PM To: Stewart 0ldfield Subject: Fw: Twitter follow-up - IRS + short calls [C) Classification: Confidential From: Dan
oney call. Best regards, Daniel From: Daniel Sabba Sent: Friday, January 16, 2015 4:48 PM To: Jeffrey Epstein Cc: Vahe Stepanian; Richard Kahn; Paul Morris Subject: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDN
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer: DB Notional: 2
l Subject: Re: Twitter follow-up - TRS + short calls [CI Classification: Confidential Thanks. Would be easier if he would just copy me .., From: Paul Morris Sent: Tuesday, January 20, 2015 12:18 PM To: Stewart Oldfield Subject: Fw: Twitter follow-up - TRS + short calls [C] Classification: Confidential
From: Stewart Oldfield [[email protected] Sent: 1/20/2015 2:10:48 PM To: Paul Morris [email protected] Subject: Re: Twitter follow-up - TRS + short calls [CI Classification: Confidential Thanks. Would be easier if he would jus
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer: DB Notional: 2
From: Paul Morris Sent: 1/20/2015 2:43:36 PM To: Stewart 0ldfield Subject: Re: Twitter follow-up - TRS + short calls [CI Classification: Confidential I'll tell
-up - TRS + short calls [CI Classification: Confidential I'll tell him again From: Stewart Oldfield Sent: Tuesday, January 20, 2015 01:10 PM To: Paul Morris Subject: Re: Twitter follow-up - TRS + short calls [C] Classification: Confidential Thanks. Would be easier if he would just copy me ... From: Pa
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer: DB Notional: 2
the 30% of the at the money call. From: Daniel Sabba Sent: Friday, January 16, 2015 4:48 PM To: Jeffrey Epstein Cc: Vahe Stepanian; Richard Kahn; Paul Morris Subject: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, We could do this for 1 mm shares of Twitter, indicativel
Date: Tue, 20 Jan 2015 15:44:04 +0000 >, Paul Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for 1y options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer: DB Notional: 2
with you. Regards, Daniel (I From: Daniel Sabba Sent: Tuesday, January 20, 2015 10:44 AM To: Jeffrey Epstein Cc: Vahe Stepanian; Richard Kahn; Paul Morris Subject: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly o
t: RE: Twitter follow-up - TRS + short calls [C] Classification: Confidential Jeffrey, Wanted to follow-up with refreshed pricings for ly options. TWTR Spot Ref: 36.56. TRS: Previous levels still apply. European Call options on TWTR: Option Seller: Southern Financial LLC Option Buyer: DB Notional: 2
Entities connected to both Paul Morris and TWTR Spot

Jeffrey Epstein
PERSONVahe Stepanian
PERSON
Richard Kahn
PERSON
Martha Stewart
PERSON
Daniel Sabba
PERSON
Stewart Oldfield
PERSONDeutsche Bank Securities Inc.
ORGANIZATIONDelta
ORGANIZATION
Shabbat
PERSON