From: Paul Morris Sent: 1/28/2015 10:23:37 AM To: Stewart 0ldfield Subject: FW: LNKD Structure [C) Classification: Confidential Paul Morris Managing Director Deutsche Bank Private Bank Office: Cell: From: Daniel Sabba Sent: Wednesday, January 28, 2015 9:54 AM To: Jeffrey E. Cc: Vahe Stepanian; Richard Kahn; Paul Morris Subject: LNKD Structure [C] Classification: Confidential Jeffrey, Please see below LNKD ly Vols. Would you like to explore the same structure for this stock? IA would be 25% of Notional. The indications below work for $10mm notional. LNKD 1v 100% vots Jut Aug Sep Nov Dec Oct 201.4 Copyright? 2015 Bloomberg Finance L.P. 42.00 41.00 40.00 39.00 38.00 37.00 Jan 2015 28-Jan-2015 09:18:56 Southern Financial longs LNKD through ly TRS: • SF pays lmL+75bps to receive total return • $0.03 commission in and out, optional early termination applicable, monthly resets Southern Financial shorts LNKD ly 100% European calls: • DB bids 14.6% • Vol: 36.36% • Delta: 57% Best regards, CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0054123 CONFIDENTIAL SDNY_GM_00200307 EFTA01363800





