CAPELLA EDUCATION COMPANY

CUSIP: 139594105 Class: COM

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

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

Q3 2017
Shares 20,406 Value ($000) $1,431 Avg Close — Range —
Q2 2017
Shares 23,900 Value ($000) $2,046 Avg Close — Range —
Q1 2017
Shares 18,421 Value ($000) $1,566 Avg Close — Range —
Q4 2016
Shares 23,300 Value ($000) $2,046 Avg Close — Range —
Q3 2016
Shares 19,610 Value ($000) $1,138 Avg Close — Range —
Q2 2016
Shares 27,113 Value ($000) $1,427 Avg Close — Range —
Q1 2016
Shares 17,767 Value ($000) $935 Avg Close — Range —
Q4 2015
Shares 20,598 Value ($000) $952 Avg Close — Range —
Q3 2015
Shares 18,178 Value ($000) $900 Avg Close — Range —
Q2 2015
Shares 12,500 Value ($000) $671 Avg Close — Range —
Q1 2015
Shares 11,700 Value ($000) $759 Avg Close — Range —
Q4 2014
Shares 6,100 Value ($000) $469 Avg Close — Range —
Q3 2014
Shares 3,300 Value ($000) $207 Avg Close — Range —
Q2 2014
Shares 4,800 Value ($000) $261 Avg Close — Range —
Q1 2014
Shares 3,200 Value ($000) $202 Avg Close — Range —
Q4 2013
Shares 13,800 Value ($000) $917 Avg Close — Range —
Q3 2013
Shares 12,900 Value ($000) $730 Avg Close — Range —
Q2 2013
Shares 10,200 Value ($000) $425 Avg Close — Range —