13D Filing: Spruce House Investment Management LLC and Colliers International Group Inc. (CIGI)

a)

As
of the close of business on September 21, 2017, Mr. Stein beneficially owned 5,129 Shares. Mr. Stein, as the manager of each
of Spruce Management and Spruce Capital, may be deemed the beneficial owner of the 5,985,242 Shares owned by Spruce Partnership.

Percentage:
Approximately 16%

b)

1.
Sole power to vote or direct vote: 5,129

2.
Shared power to vote or direct vote: 5,985,242

3.
Sole power to dispose or direct the disposition: 5,129

4.
Shared power to dispose or direct the disposition: 5,985,242

c)

Mr.
Stein has not entered into any transactions in the Shares during the past sixty (60) days.

13D Filing: Spruce House Investment Management LLC and Colliers International Group Inc. (CIGI)

Published on September 26, 2017 at 12:08 pm by Insider Monkey Staff in Hedge Funds

Page 9 of 11 – SEC Filing

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	a)	Spruce Capital, as the general partner of Spruce Partnership, may be deemed the beneficial owner of the 5,985,242 Shares owned by Spruce Partnership.
		Percentage: Approximately 16%

	b)	1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 5,985,242 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 5,985,242

	c)	Spruce Capital has not entered into any transactions in the Shares during the past sixty (60) days.

	a)	Mr. Sternberg, as the manager of each of Spruce Management and Spruce Capital, may be deemed the beneficial owner of the 5,985,242 Shares owned by Spruce Partnership.

		Percentage: Approximately 16%

	b)	1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 5,985,242 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 5,985,242

	c)	Mr. Sternberg has not entered into any transactions in the Shares during the past sixty (60) days.