ADVANCED PHOTONIX INC

CUSIP: 00754E107 Class: CLA

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 162,748 Value ($000) $48 Avg Close — Range —
Q3 2014
Shares 126,500 Value ($000) $70 Avg Close — Range —
Q2 2014
Shares 114,500 Value ($000) $70 Avg Close — Range —
Q1 2014
Shares 114,500 Value ($000) $72 Avg Close — Range —
Q4 2013
Shares 104,500 Value ($000) $72 Avg Close — Range —
Q3 2013
Shares 46,000 Value ($000) $25 Avg Close — Range —