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Message From: Casriel, Lyle Sent: 7/10/2014 9:08:41 PM To: G Maxwell CC: Garcia, Camille I; Klein, Matthew I; Ramdeen, Vijai I; Shkreli, Juliana I 1; Stackman, Scott I Waldron, Chelsey Devon Subject: MAXWELL: Revised Proposal Ghis
ere is a secular shift in the wireless business and margins are coming down and the stock isn't that cheap. Take profits, high conviction sell. 3. Illinois Tool Works — Relatively expensive and while it's been a great growth story we think the growth story will be decelerating from here and the stock trades at a 3
vised Proposal Let us know if you want to connect on this. From: Casriel, Lyle Sent: Thursday, July 10, 2014 5:09 PM To: 'G Maxwell' Cc: Garcia, Camille; Klein, Matthew; Ramdeen, Vijai; Shkreli, Juliana; Stackman, Scott; Waldron, Chelsey Devon Subject: MAXWELL: Revised Proposal Ghislaine, Based on
ere is a secular shift in the wireless business and margins are coming down and the stock isn't that cheap. Take profits, high conviction sell. 3. Illinois Tool Works — Relatively expensive and while it's been a great growth story we think the growth story will be decelerating from here and the stock trades at a 3
From: Casriel, Lyle Sent: Thursday, July 10, 2014 5:09 PM To: 'G Maxwell' >, Scott CONFIDENTIAL UBSTERRAMAR00000500 EFTA00236204 Cc: Garcia, Camille; Klein, Matthew; Ramdeen, Vijai; Shkreli, Juliana; Stackman, Scott; Waldron, Chelsey Devon Subject: MAXWELL: Revised Proposal Ghislaine, Based on
ere is a secular shift in the wireless business and margins are coming down and the stock isn't that cheap. Take profits, high conviction sell. 3. Illinois Tool Works — Relatively expensive and while it's been a great growth story we think the growth story will be decelerating from here and the stock trades at a 3
EFTA00236199 Let us know if you want to connect on this. From: Casriel, Lyle Sent: Thursday, July 10, 2014 5:09 PM To: 'G Maxwell' Cc: Garcia, Camille; Klein, Matthew; Ramdeen, Vijai; Shkreli, Juliana; Stackman, Scott; Waldron, Chelsey Devon Subject: MAXWELL: Revised Proposal Ghislaine, Based on
ere is a secular shift in the wireless business and margins are coming down and the stock isn't that cheap. Take profits, high conviction sell. 3. Illinois Tool Works — Relatively expensive and while it's been a great growth story we think the growth story will be decelerating from here and the stock trades at a 3
us know if you want to connect on this. " < >, Scott "< From: Casriel, Lyle Sent: Thursday, July 10, 2014 5:09 PM To: 'G Maxwell' Cc: Garcia, Camille; Klein, Matthew; Ramdeen, Vijai; Shkreli, Juliana; Stackman, Scott; Waldron, Chelsey Devon Subject: MAXWELL: Revised Proposal Ghislaine, Based on
ere is a secular shift in the wireless business and margins are coming down and the stock isn't that cheap. Take profits, high conviction sell. 3. Illinois Tool Works — Relatively expensive and while it's been a great growth story we think the growth story will be decelerating from here and the stock trades at a 3
Entities connected to both Camille and Illinois Tool Works

Ghislaine Maxwell
PERSONGarcia
PERSONWaldron
PERSONVijai Ramdeen
PERSONJuliana Shkreli
PERSONChelsey Devon
PERSONScott Stackman
PERSON
Target
ORGANIZATIONGeron
ORGANIZATION
Tesco
ORGANIZATIONApache
ORGANIZATIONLukoil
ORGANIZATIONMatthew; Ramdeen
PERSONLyle & Scott
ORGANIZATIONCasriel
ORGANIZATIONUPS Financial Services, Inc.
ORGANIZATION