Waterstone Market Neutral Master Fund, Ltd.

Insider Buys Quantity –

Sector

Industry

Transaction Type

Transaction Date

Total Value


2013-05-15	Purchase	Par Pacific Holdings, Inc. PARR	10 percent owner	128,867 0.0771%	$1.60	$206,187	+22.5%
2013-05-01	Purchase	Par Pacific Holdings, Inc. PARR	10 percent owner	30,300 0.0177%	$1.63	$49,389	+17.66%