AGREE REALTY CORP

Ticker: ADC CUSIP: 008492100 Class: COM

Pacific Ridge Capital Partners, LLC's Holding History (CIK: 0001591546)

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

Q4 2015
Shares 16,030 Value ($000) $545 Avg Close — Range —
Q3 2015
Shares 16,030 Value ($000) $478 Avg Close — Range —
Q2 2015
Shares 18,270 Value ($000) $533 Avg Close — Range —
Q1 2015
Shares 20,428 Value ($000) $674 Avg Close — Range —
Q4 2014
Shares 20,018 Value ($000) $622 Avg Close — Range —
Q3 2014
Shares 16,928 Value ($000) $463 Avg Close — Range —
Q2 2014
Shares 11,040 Value ($000) $334 Avg Close — Range —
Q1 2014
Shares 11,100 Value ($000) $338 Avg Close — Range —
Q4 2013
Shares 11,100 Value ($000) $322 Avg Close — Range —