Insider Trades - URSO PHILIP

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URSO PHILIP: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Towerstream Corporation Director NasdaqCM:TWER (historical quotes, profile, other insiders)	26-Jul-11 15-Jan-13	1,320,930 129,386 1,450,316	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
15-Jan-13 *17,000 TWER Automatic Sale at $3.32 - $3.47 per share.
(Proceeds of about $58,000)
15-Oct-12 *17,000 TWER Automatic Sale at $3.78 - $3.82 per share.
(Proceeds of about $65,000)
16-Jul-12 *17,000 TWER Automatic Sale at $4.37 - $4.45 per share.
(Proceeds of about $75,000)
16-Apr-12 *17,000 TWER Automatic Sale at $4.34 - $4.4 per share.
(Proceeds of about $74,000)
17-Oct-11 *17,000 TWER Automatic Sale at $2.84 - $2.92 per share.
(Proceeds of about $49,000)
26-Jul-11 25,000 TWER Sale at $4.25 per share.
(Proceeds of $106,250)
15-Jul-11 *17,000 TWER Automatic Sale at $4.08 - $4.11 per share.
(Proceeds of about $70,000)

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
15-Jan-13	*17,000	TWER	Automatic Sale at $3.32 - $3.47 per share. (Proceeds of about $58,000)
15-Oct-12	*17,000	TWER	Automatic Sale at $3.78 - $3.82 per share. (Proceeds of about $65,000)
16-Jul-12	*17,000	TWER	Automatic Sale at $4.37 - $4.45 per share. (Proceeds of about $75,000)
16-Apr-12	*17,000	TWER	Automatic Sale at $4.34 - $4.4 per share. (Proceeds of about $74,000)
17-Oct-11	*17,000	TWER	Automatic Sale at $2.84 - $2.92 per share. (Proceeds of about $49,000)
26-Jul-11	25,000	TWER	Sale at $4.25 per share. (Proceeds of $106,250)
15-Jul-11	*17,000	TWER	Automatic Sale at $4.08 - $4.11 per share. (Proceeds of about $70,000)