Starboard Value

Starboard Value as of March 31, 2012

Portfolio Holdings for Starboard Value

Starboard Value holds 19 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Aol 16.5 $93M 4.9M 18.97
Progress Software Corporation (PRGS) 13.6 $76M 3.2M 23.62
iShares Russell 2000 Value Index (IWN) 10.5 $60M 815k 72.97
Integrated Device Technology 8.9 $50M 7.1M 7.15
Regis Corporation 8.3 $47M 2.5M 18.43
Wausau Paper 7.7 $44M 4.7M 9.38
Extreme Networks (EXTR) 6.2 $35M 9.2M 3.83
SurModics (SRDX) 5.7 $32M 2.1M 15.37
MIPS Technologies 4.8 $27M 4.9M 5.44
SeaChange International 3.6 $21M 2.6M 7.78
Openwave Systems 3.4 $19M 8.5M 2.27
DSP 2.6 $15M 2.2M 6.66
Regis Corp Minn note 5.000% 7/1 2.1 $12M 8.9M 1.35
Checkpoint Systems 1.8 $10M 903k 11.28
Exar Corporation 1.6 $8.8M 1.1M 8.40
Avid Technology 1.2 $6.7M 609k 11.00
JAKKS Pacific 0.6 $3.2M 185k 17.45
Aviat Networks 0.5 $2.8M 985k 2.82
Analogic Corporation 0.3 $1.7M 25k 67.56