Insider Trades - BAY CITY CAPITAL LLC

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BAY CITY CAPITAL LLC: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
EnteroMedics Inc. Beneficial Owner (10% or more) NasdaqCM:ETRM (historical quotes, profile, other insiders)	23-Sep-11	4,800,964	Direct
Hyperion Therapeutics, Inc. Beneficial Owner (10% or more) NasdaqGM:HPTX (historical quotes, profile, other insiders)	31-Jul-12	2,470,029	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
31-Jul-12 61,258 HPTX Option Exercise at $0 per share.
31-Jul-12 2,391,636 HPTX Acquisition (Non Open Market) at $0 - $10 per share.
23-Sep-11 840,000 ETRM Purchase at $1.65 per share.
(Cost of $1,386,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
31-Jul-12	61,258	HPTX	Option Exercise at $0 per share.
31-Jul-12	2,391,636	HPTX	Acquisition (Non Open Market) at $0 - $10 per share.
23-Sep-11	840,000	ETRM	Purchase at $1.65 per share. (Cost of $1,386,000)