13D Filing: Marathon Partners and J. Alexander’s Holdings Inc. (JAX)

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Page 9 of 12 – SEC Filing

C. Focus Fund
(a) As of the close of business on March 1, 2018, Focus Fund beneficially owned 130,000 Shares.

Percentage: Approximately
0.9%

(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 130,000
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 130,000

(c) The transactions in the Shares by Focus Fund during the past sixty days are set forth in Schedule
A and are incorporated herein by reference.
D. Cibelli Research
(a) Cibelli Research, as the general partner of Focus Fund, may be deemed the beneficial owner of the
130,000 Shares owned by Focus Fund.

Percentage: Approximately
0.9%

(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 130,000
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 130,000
(c) Cibelli Research has not entered into any transactions in the Shares during the past sixty days.
The transactions in the Shares on behalf of Focus Fund during the past sixty days are set forth in Schedule A and are incorporated
herein by reference.
E. Partners LP
(a) As of the close of business on March 1, 2018, Partners LP beneficially owned 875,000 Shares.

Percentage: Approximately
5.9%

(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 875,000
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 875,000

(c) The transactions in the Shares by Partners LP during the past sixty days are set forth in Schedule
A and are incorporated herein by reference.
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