APPLE INC

Ticker: AAPL CUSIP: 037833100 Class: Common Stock

Vulcan Value Partners, LLC's Holding History (CIK: 0001556785)

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

Q1 2016

Shares 731,557 Value ($000) $79,732 Avg Close $22.55 Range $20.83 - $25.03

Q4 2015

Shares 727,448 Value ($000) $76,571 Avg Close $25.73 Range $23.63 - $27.80

Q3 2015

Shares 697,299 Value ($000) $76,912 Avg Close $26.29 Range $20.65 - $29.72

Q2 2015

Shares 651,114 Value ($000) $81,666 Avg Close $28.55 Range $27.40 - $29.94

Q1 2015

Shares 623,931 Value ($000) $77,635 Avg Close $26.84 Range $23.20 - $29.73

Q4 2014

Shares 1,975,745 Value ($000) $218,082 Avg Close $24.08 Range $21.01 - $26.55

Q3 2014

Shares 1,711,660 Value ($000) $178,424 Avg Close $21.63 Range $20.33 - $22.90

Q2 2014

Shares 2,791,979 Value ($000) $259,459 Avg Close $18.66 Range $15.96 - $20.88

Q1 2014

Shares 530,593 Value ($000) $284,790 Avg Close $16.58 Range $15.31 - $17.38

Q4 2013

Shares 459,540 Value ($000) $257,811 Avg Close $16.37 Range $14.75 - $17.84

Q3 2013

Shares 368,699 Value ($000) $175,777 Avg Close $14.28 Range $12.29 - $15.84

Q2 2013

Shares 291,585 Value ($000) $115,622 Avg Close $13.16 Range $11.72 - $14.18

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	731,557	$79,732	$22.55	$20.83 - $25.03
Q4 2015	727,448	$76,571	$25.73	$23.63 - $27.80
Q3 2015	697,299	$76,912	$26.29	$20.65 - $29.72
Q2 2015	651,114	$81,666	$28.55	$27.40 - $29.94
Q1 2015	623,931	$77,635	$26.84	$23.20 - $29.73
Q4 2014	1,975,745	$218,082	$24.08	$21.01 - $26.55
Q3 2014	1,711,660	$178,424	$21.63	$20.33 - $22.90
Q2 2014	2,791,979	$259,459	$18.66	$15.96 - $20.88
Q1 2014	530,593	$284,790	$16.58	$15.31 - $17.38
Q4 2013	459,540	$257,811	$16.37	$14.75 - $17.84
Q3 2013	368,699	$175,777	$14.28	$12.29 - $15.84
Q2 2013	291,585	$115,622	$13.16	$11.72 - $14.18