AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

DF DENT & CO INC's Holding History (CIK: 0000934999)

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

Q4 2013

Shares 156,814 Value ($000) $6,817 Avg Close $41.26 Range $34.40 - $46.69

Q3 2013

Shares 603,037 Value ($000) $22,795 Avg Close $39.36 Range $36.65 - $41.15

Q2 2013

Shares 716,005 Value ($000) $26,607 Avg Close $36.06 Range $31.95 - $39.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	156,814	$6,817	$41.26	$34.40 - $46.69
Q3 2013	603,037	$22,795	$39.36	$36.65 - $41.15
Q2 2013	716,005	$26,607	$36.06	$31.95 - $39.85