13D Filing: Starboard Value LP and Monotype Imaging Holdings Inc. (TYPE)

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The Shares purchased
by BLR Partners were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms
in the ordinary course of business) in open market purchases, except as otherwise noted. The aggregate purchase price of the 851,137
Shares owned directly by BLR Partners is approximately $15,873,375, including brokerage commissions.

Item 4. Purpose of Transaction.

Item 4 is hereby amended
to add the following:

On January 30, 2018, Starboard
V&O Fund delivered a letter to the Issuer (the “Nomination Letter”) nominating a slate of four highly qualified
director candidates, Kristen O’Hara, Clifford Press, George A. Riedel and Edward Terino (collectively, the “Nominees”),
for election to the Board at the Issuer’s 2018 annual meeting of stockholders (the “Annual Meeting”). The Reporting
Persons believe that the Nominees have the qualifications, experience and skill sets necessary to serve as directors of the Issuer,
as evidenced by their bios below. The Reporting Persons hope to continue to engage in constructive dialogue with the Issuer’s management team and Board regarding
opportunities to unlock value at the Issuer, including changes to Board composition.

Kristen
M. O’Hara
has served as Chief Marketing Officer, Global Media for Time Warner Inc. (“Time Warner”) (NYSE:TWX),
a leading media and entertainment company, since May 2011. Prior to that, Ms. O’Hara held several executive roles with Time
Warner’s Global Media Group, including serving as its Senior Vice President and Managing Director from 2006 to 2011 and as
its Senior Vice President of Marketing and Client Partnerships from 2004 to 2006. From 2002 to 2004, Ms. O’Hara served as
the Vice President of Corporate Marketing and Sales Strategy for the Time Inc. division of Time Warner. Before joining Time Warner,
Ms. O’Hara served in various positions at Young & Rubicam Inc., a global marketing communications firm, from 1993 to
2002. Ms. O’Hara has served as a director of Iconix Brand Group, Inc. (NASDAQ:ICON), a brand management company, since September
2016. Ms. O’Hara has also served as a trustee of the Signature Theatre Company since June 2012 and was formerly a member
of the board of directors of the Data & Marketing Association (DMA), a trade organization that advances and protects responsible
data-driven marketing, from November 2012 to January 2016. Ms. O’Hara received a Bachelor of Arts degree from The College
of the Holy Cross in English Literature. Ms. O’Hara’s marketing and advertising experience and branding expertise, together with her
experience serving as a public company senior executive and director, makes her well qualified to serve on the Board.

Clifford Press
has been a Managing Member of Oliver Press Partners, LLC, an investment advisory firm, since March 2005. From 1986 to March
2003, Mr. Press served as a General Partner of Hyde Park Holdings, Inc., a private equity investment firm that he co-founded. Mr.
Press currently serves on the Board of Directors of each of Stewart Information Services Corporation (NYSE:STC), a real estate
information, title insurance and transaction management company, since October 2016, Quantum Corporation (NYSE:QTM), a provider
of scale-out tiered storage, archive and data protection, providing solutions for capturing, sharing, managing and preserving digital
assets over the entire data lifecycle, since April 2016, and Drive Shack, Inc. (NYSE:DS), an owner and operator of golf-related
leisure and entertainment businesses, since February 2016. From March 2008 to November 2009, Mr. Press served as a director of
Coherent Inc. (NASDAQ:COHR), a manufacturer of laser based photonic products. From December 2011 until the company was acquired
in February 2013, Mr. Press served as a director of SeaBright Holdings, Inc. (formerly NYSE:SBX), a specialty provider of multi-jurisdictional
workers’ compensation insurance. From 2001 to June 2011, Mr. Press served as a director of GM Network Ltd., a private holding
company providing Internet-based digital currency services. Mr. Press received his MA degree from Oxford University and an MBA
degree from Harvard Business School. Mr. Press’s financial expertise and more than 25 years of experience investing in a broad range of public
and private companies, together with his governance oriented public company board experience, makes him well qualified to serve
on the Board.

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